Oil Sector Concerns

Bank of Namibia Cuts Interest Rate for Second Consecutive Time The Bank of Namibia has reduced its main interest rate for the second month in a row, citing a faster-than-expected drop in inflation and the need to bolster economic growth. In a unanimous decision, the central bank's Monetary Policy Committee lowered the repo rate by 25 basis points to 7.25%. This follows a similar cut in August as part of […]