insert_link Namibia Bank of Namibia Maintains Repo Rate at 7.75%: Economist weighs in on consumer spending The Bank of Namibia has announced its decision to retain the repo rate at 7.75%. This move aligns with the forecasts of economist Robert McGregor from Cirrus Capital, meeting the expectations set prior to the regulator's Monetary Policy Committee meeting. todayApril 18, 2024 20
insert_link Business / Economics Thought Leadership: Plan your bonus to last the long run By Samuel Linyondi, Bank Windhoek’s Strategic Communication Manager In October, the Bank of Namibia (BoN) left the repo unchanged at 7.75%, the highest in the past 14 years. If a repo rate increases, borrowing becomes more expensive, and product and service prices increase for consumers. The repo rate is one of the monetary tools to either control inflation or stimulate demand. Conversely, inflation is the rate of price increase over […] todayNovember 23, 2023 16