Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile
Veronika Haulenga
Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile
Veronika Haulenga
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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga
The European Central Bank has reduced interest rates for the sixth time in nine months in an effort to support economic growth in the eurozone says BBC. Despite economic challenges such as the threat of U.S. tariffs and plans to increase European military spending, the bank remained committed to its strategy of lowering rates. The ECB lowered its main interest rate from 2.75% to 2.5% and further revised its economic […]
Namibia: Interest Rate Cut and Oil & Gas Capacity Building The Bank of Namibia has lowered its key interest rate for the fourth consecutive monetary policy meeting, aiming to support economic growth amid stable inflation projections. On Wednesday, the central bank cut the repo rate by 25 basis points to 6.75%, following similar reductions in its last three policy decisions. The move is expected to provide relief to borrowers while […]
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
In S.A, BetterBond has welcomed the 25 basis point repo rate cut to 7.75-percent. Head of Sales, Bradd Bendall, says slowing inflation is fostering a more favourable lending environment, by continuing the rate-cutting trend. Bendall says the decision provides relief for homeowners burdened by rising bond costs since November 2021. BetterBond reports a 30-percent jump in home loan activity in October, signalling a property market recovery: Meanwhile, still in […]
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