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

Repo Rate

21 Results / Page 1 of 3

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Business / Economics

S.A Union Welcomes Inflation Drop, Urging Reserve Bank to Lower Repo Rate

  S.A Union federation Cosatu has welcomed the drop in consumer inflation from 4.4-to 3.8-percent, saying it offers relief to struggling workers. Spokesperson Matthew Parks is urging the South African Reserve Bank to reduce the repo rate by at least 50 basis points to ease debt burdens. He also calls for government intervention to stabilise Eskom and reduce fuel prices:  

todayOctober 24, 2024 21

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Business / Economics

Bank of Namibia reduces repo rate to 7.25%, offering relief to consumers

The Bank of Namibia has announced a 25 basis point reduction in the repo rate, bringing it down to 7.25 percent. This decision follows an extensive review of domestic, regional, and global economic conditions. Speaking at the monetary policy announcement, BoN Governor Johannes !Gawaxab emphasized the need to moderate monetary restrictions due to slowing economic growth and declining inflation. "Domestic economic activity rose during the first eight months of 2024, […]

todayOctober 16, 2024 9

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Business / Economics

Bank of Namibia Set to Cut Repo Rate : Analaysts

Analysts anticipate that the Bank of Namibia Monetary Policy Committee will announce a 25-basis point reduction in the repo rate this Wednesday, the Brief says. If implemented, this adjustment would lower the rate from 7.50% to 7.25%. This potential decrease aligns with a broader trend of more accommodative monetary policies observed globally and regionally. The move follows the South African Reserve Bank's recent rate cut, sparking speculation about Namibia's next […]

todayOctober 16, 2024 5

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Business / Economics

South Africa’s central bank cuts interest rates

South African Reserve Bank Governor Lesetja Kganyago has announced that the Monetary Policy Committee has decided to reduce the country's repo rate by 25 basis points to 8%.   The announcement comes a day after SA’s inflation was reported at 4.4-percent in August, lower than the Reserve Bank's target of 4.5-percent. It is expected that the rate will also be lowered at the bank's next meeting in November.

todaySeptember 19, 2024 25

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Oshiwambo

Ondjele yoku hehelitha oya shunwa pevi niitsa 25

O Monetary Policy Committee yo Bank of Namibia oya tokola oku shunitha pevi ondjele yoku hehelitha-repo rate niitsa 25,okuya piitsa 7.50. Ondjele oyali nale piitsa 7.75. Etokolo lya tseyithwa nena olya kuthwa sho ombaanga ya nongonona  omayambulepo gopashimaliwa gomoshilongo,moshitopolwa nomuuyuni. Omushangwa okuza mombaanga nena ogwati etokolo olya kuthwa wo oku tsikila okuyambidhidha eliko lyomoshilongo,noku kalekapo ekwatathano pokati kodola ya Namibia no rand ya south Africa.

todayAugust 14, 2024 14

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Business / Economics

14 August 2024 Morning Biz News: Namibia Keeps Repo Rate Steady? , South Africa Sees Surge in Project Announcements, Dollar Weakens, and Oil Prices Climb

  Bank of Namibia Expected to Maintain Repo Rate Analysts are predicting that the Bank of Namibia will keep the repo rate steady at 7.75% during its upcoming Monetary Policy Committee meeting on Wednesday. This decision would mark the third consecutive meeting where the rate remains unchanged, following similar outcomes in April and June. The move reflects ongoing stability in the financial sector as the bank continues to navigate economic […]

todayAugust 14, 2024 11

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Business / Economics

Bank of Namibia keeps repo rate at 7.75%

The Monetary Policy Committee of the Bank of Namibia has decided to keep the repo rate unchanged at 7.75 percent, with the prime lending rate holding steady at 11.50 percent. Governor of the Bank Johannes !Gawaxab says this policy stance will continue to safeguard the one-to-one link between the Namibia Dollar and the South African Rand and support domestic economic activity. UNAM economics lecturer, Dr. Omu Kakujaha-Matundu, believes that consumers […]

todayJune 19, 2024 62

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Oshiwambo

O Bank of Namibia oya kaleke ondjele yoku hehelitha-repo rate inaayi lunduluka,yili poo % 7.75.

  O repo rate,ano ondjele ndjoka ombaanga onene hayi gwedheleko oombaanga dhopaipindi uuna tadhi hehela oshimaliwa oya thigala poo % 7.75,omanga ondjele ndjoka oombaanga dhopaipindi hadhi gwedheleko aayakulwa ya thigala poo % 11.50. Metseyitho lyanena,o Monetary Policy Commitee oyati etokolo olya kuthwa okutsikila oku kalekapo ekwatathano pokati kodola ya Namibia no Rand ya South Africa,noku yambidhidha iinyangadhalwa yopaliko moshilongo.

todayJune 19, 2024 11

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Business / Economics

18 April 2024 Morning Biz News: Latest Financial Indicators and Business News Recap

Bank of Namibia Maintains Repo Rate: The Bank of Namibia has announced its decision to keep the repo rate steady at 7.75 percent, alongside a stable prime lending rate of 11.50 percent. This marks the second monetary policy announcement by the BoN this year, indicating a cautious approach to economic management. South Africa Sees Decrease in Consumer Inflation: Consumer inflation in South Africa saw a slight decrease in March, falling […]

todayApril 18, 2024 22

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