Robert Mcgregor

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Business / Economics

All Eyes on Bank of Namibia’s Interest Rate Announcement

The Bank of Namibia’s Monetary Policy Committee is expected to announce its latest interest rate decision today. With the repo rate at 6.75% and South Africa’s at 7.25%, economists say the move could influence inflation and currency stability. Cirrus Capital’s Robert McGregor provided his outlook before the announcement.  

today15 October, 2025

Business / Economics

The Bank of Namibia reduces the repo rate

Consumers can expect some relief as the Bank of Namibia has lowered the repo rate by 25 basis points, bringing it down to 7%. This marks the central bank’s final rate decision for the year. Here is BoN Governor Johannes !Gawaxab speaking at today’s monetary policy announcement.     Cirrus Capital economist, Robert McGregor reacts to the development.  

today4 December, 2024

Business / Economics

Bank of Namibia Set to Announce New Repo Rate

  With the Bank of Namibia’s repo rate decision set for later today, consumers are preparing for potential changes to borrowing costs and savings. The central bank maintained the repo rate at 7.25% during its last monetary policy update. Cirrus Capital economist Robert McGregor noted that while GDP growth is positive, private sector credit extension continues to lag.  

today4 December, 2024

Business / Economics

Bank of Namibia Reduces Repo Rate to 7.50%….

The Bank of Namibia announced a reduction in the repo rate from 7.75% to 7.50%, marking a shift after a series of rate hikes that began in February 2022. As a result, commercial banks’ prime lending rate will decrease from 11.5% to 11.25%. Cirrus Capital economist, Robert McGregor.  

today15 August, 2024

Namibia

Paratus Namibia Doubles Market Cap with N$600 Million Capital Raise

Paratus Namibia, under Managing Director Andrew Hal, raises over N$600 million through a recent Rights Issue and investment campaign, doubling its market capitalization on the Namibian Stock Exchange. The capital comes from various investors, including the Paratus Group, employees, institutional, and retail investors. Cirrus Capital's economist Robert McGregor.    

today17 May, 2024