insert_link Business / Economics Cirrus Capital’s Groenewald Offers Insight on Central Bank’s Interest Rate Decision The Bank of Namibia In October lowered its main interest rate, citing a faster-than-anticipated decline in inflation and the need for economic support. At that point in time, the Monetary Policy Committee unanimously agreed to reduce the repo rate by 25 basis points, bringing it to 7.25%. Cirrus Capital economist Tannan Groenewald shares his outlook on what the Bank might do next. ENG Tannan Groenewald repo todayDecember 4, 2024 11
insert_link World At G20: Biden pledges $4 billion for world’s poorest countries US President Joseph Biden has pledged $4 billion for the world's poorest countries. The announcement came after Brazilian President Luiz Inacio Lula de Silva launched a global alliance to fight hunger and poverty at the G20 meeting of the world's leading economies in Rio de Janeiro, from where Kate Fisher3 sent this report. todayNovember 19, 2024 17
Local City of Windhoek’s clarity on the Debt Relief Programme approved by Council. The City of Windhoek responds to statements made by Benestus Kandundu, a former City of Windhoek Councillor and Chairperson of the Katutura Residents Committee, regarding the recently approved debt relief programme. Contrary to Mr. Kandundu's claims, the City of Windhoek has been diligently working on a debt relief plan for over a year, even before the Katutura Residents Committee approached the City with their request. The Windhoek Municipal Council […] todayDecember 15, 2023 21