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

Repo Rate

21 Results / Page 2 of 3

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Business / Economics

Bank of Namibia holds 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. This is the second monetary policy announcement by BoN this year. Governor of the Bank Johannes !Gawaxab. Governor !Gawaxab highlighted that risks to the domestic economic outlook have remained broadly unchanged since the previous MPC meeting, although the conflict in […]

todayApril 17, 2024 27

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Oshiwambo

O Monetary Policy Committee yo Bank of Namibia oya tokola oku kaleka ondjele yoku hehelitha ano o repo rate poo % 7.75.

    O repo rate oyo ondjele ndjoka oombanga dhopaipindi hadhi gwedhelwako uuna tadhi hehela oshimaliwa kombaanga onene ano ndjoka yili o Bank of Namibia. Nondjele ndjoka oombaanga dhopaipindi hayi gwedheleko aayakulwa uuna taya hehela oshimaliwa otayi thigala wo poo % 11.50. Metseyitho lyonena,ngoloneya gombaanga Johannes Qawaxab okwati shika otashi tsikile oku gamenenapo ekwatathano pokati kodollar ya Namibia no rand ya South Africa,noku yambidhidha iinyangadhalwa yeliko lyomoshilongo. Omunongoliko iithikamenapo Gabriel […]

todayApril 17, 2024 35

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Business / Economics

Bank of Namibia Monetary Policy Committee Announcement Set for April 17

The upcoming Bank of Namibia Monetary Policy Committee announcement is slated for April 17. Notably, the Bank of Namibia's most recent interest rate decision maintained the Repo Rate at 7.75 percent. In comparison, the South African Reserve Bank's repo rate presently sits at 8.25 percent. Economist Robert McGregor from Cirrus Capital provided insights into the matter.  

todayApril 16, 2024 34

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Business / Economics

Morning Biznews update – 22 March 2024

With South Africa’s annual consumer price inflation increasing to 5.6% in February, exceeding economists' expectations, and rising closer to the top of the central bank's 3% to 6% target range, all hopes of an interest rate cut before the Monetary Policy Committee meeting in July have fallen. A number of economists are in fact now looking at September as the first opportunity for any easing of the country’s 8.25% repurchase rate. […]

todayMarch 22, 2024 7

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Business / Economics

Josef Sheehama reacts to the decision of Bank of Namibia to keep repo rate unchanged

  By Josef Sheehama   The decision of Bank of Namibia to keep repo rate unchanged is a shocking because inflation rates is stable, and our international reserve remain strong. The policymakers try to navigate risks to inflation and the timing of when global interest rates will start to fall. I understand that the decision influences by several factors contributing to the status quo. We are aware that Namibia's currency,  […]

todayFebruary 14, 2024 12

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South Africa

South African Federation of Trade Unions is not surprised by the Reserve Bank’s Monetary Policy Committee’s decision to leave the repo rate unchanged

The South African Federation of Trade Unions is not surprised by the Reserve Bank’s Monetary Policy Committee’s decision to leave the repo rate unchanged at 8.25-percent. This is the fourth hold since May last year. Saftu’s spokesperson, Trevor Shaku, says it was clear that the committee was going to leave the repo rate unchanged, precisely because they operate by incentivising those who trade in money to hold onto Rands, to […]

todayJanuary 26, 2024 18

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