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