insert_link Business / Economics Weekly Economics Wrap: 10-17 October: Key Developments in Air Travel, Banking, and Global Markets Air Connect Namibia Delays Launch of Flights Air Connect Namibia has announced a delay in the planned launch of Air Botswana's connecting flights between Gaborone and Windhoek, initially scheduled for October 1. The flights, connecting Maun, Gaborone, Kasane, and Windhoek, are postponed, with details on a new launch date yet to be provided. This delay marks a setback for travel connectivity between Namibia and Botswana. Bank of Namibia Lowers Interest […] todayOctober 17, 2024 11
insert_link Business / Economics 16 October 2024 Morning Biz News: Global Economic Trends: Namibia’s Repo Rate, Infrastructure Funding, and Rising Inflation Bank of Namibia Set to Cut Repo Rate Amid Regional Trends Analysts predict that the Bank of Namibia's Monetary Policy Committee (MPC) will announce a 25-basis point reduction in the repo rate, lowering it from 7.50% to 7.25% on Wednesday. This expected move mirrors global and regional shifts toward more accommodative monetary policies, following a recent rate cut by the South African Reserve Bank. The decision comes as Namibia seeks […] todayOctober 16, 2024 16