Market Update

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Business / Economics

Repo Rate Held at 6.50% to Support Stability

The Bank of Namibia has kept the Repo rate unchanged at 6.50% following its final MPC meeting of the year earlier this week. The committee said the decision helps maintain the Namibia Dollar–Rand peg while supporting the domestic economy.  Moderate economic growth, contained inflation, slower credit extension, a narrower trade deficit, and sufficient international reserves all shaped the decision. 

today4 December, 2025

Business / Economics

Domestic Inflation Inches Up to 3.6% in October

Domestic inflation rose slightly to 3.6% in October , up from 3.5% in September and 3.0% a year earlier, marking a modest rise after months of price stability. Monthly prices climbed 0.5%, ending two months of no change. The increase was mainly driven by higher housing and transport costs, while food inflation continued to ease. Simonis Storm economist, Almandro Jansen:   

today11 November, 2025

Business / Economics

Inflation Rises to 3.5% in September

The annual inflation rate increased to 3.5% in September from 3.2% in August, mainly driven by higher transport and housing costs. Simonis Storm economist Almandro Jansen noted that transport inflation rebounded to 1.3% after months of decline, largely due to rising vehicle prices, while food prices grew at a slower pace. 

today14 October, 2025