interest rate decision

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Business / Economics

All Eyes on Bank of Namibia’s Interest Rate Announcement

The Bank of Namibia’s Monetary Policy Committee is expected to announce its latest interest rate decision today. With the repo rate at 6.75% and South Africa’s at 7.25%, economists say the move could influence inflation and currency stability. Cirrus Capital’s Robert McGregor provided his outlook before the announcement.  

today15 October, 2025

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  

today4 December, 2024

Business / Economics

Bank of Namibia Set to Announce New Repo Rate

  With the Bank of Namibia’s repo rate decision set for later today, consumers are preparing for potential changes to borrowing costs and savings. The central bank maintained the repo rate at 7.25% during its last monetary policy update. Cirrus Capital economist Robert McGregor noted that while GDP growth is positive, private sector credit extension continues to lag.  

today4 December, 2024