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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Pre-paid Electricity

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Local

Fuel Price Decreases Announced for July 2024

        The Ministry of Mines and Energy has completed its review of the fuel prices for July 2024, with significant changes announced following a recent decline in global oil prices. Global Oil Price Trends Oil prices recently dropped to a four-month low, influenced by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) decision to maintain production levels steady until the end of 2025. This decision, […]

today1 July, 2024 612

Bank Windhoek’s strategic communication manager
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Business / Economics

Thought Leadership: Plan your bonus to last the long run

By Samuel Linyondi, Bank Windhoek’s Strategic Communication Manager In October, the Bank of Namibia (BoN) left the repo unchanged at 7.75%, the highest in the past 14 years. If a repo rate increases, borrowing becomes more expensive, and product and service prices increase for consumers. The repo rate is one of the monetary tools to either control inflation or stimulate demand. Conversely, inflation is the rate of price increase over […]

today23 November, 2023 21