insert_link 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. todayAugust 15, 2024 17
insert_link 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. todayMay 17, 2024 37
insert_link Namibia Bank of Namibia Maintains Repo Rate at 7.75%: Economist weighs in on consumer spending The Bank of Namibia has announced its decision to retain the repo rate at 7.75%. This move aligns with the forecasts of economist Robert McGregor from Cirrus Capital, meeting the expectations set prior to the regulator's Monetary Policy Committee meeting. todayApril 18, 2024 20
insert_link 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 30
insert_link Namibia Economist Discusses Potential Impact of Electricity Supply Concerns on Namibia As winter approaches, concerns arise regarding the supply of electricity from neighboring countries, particularly South Africa. Robert McGregor, an Economist from Cirrus Capital, sheds light on the potential impact this could have on Namibia's electricity supply. todayMarch 28, 2024 38
insert_link Business / Economics The Alexforbes Lead Story – 29 February 2024 Gary speaks to local economists Ruusa Nandago, Angelique Bock, and Robert McGregor to get their thoughts on this year's National Budget. https://iono.fm/e/1411070 todayMarch 1, 2024 36
insert_link 2 Business / Economics Local Economics Analyst on Namibia’s Record-Breaking N$100.1 Billion Budget Unveiled by Finance Minister Shiimi Finance and Public Enterprises Minister Iipumbu Shiimi presented Namibia's largest-ever annual budget on Wednesday, outlining a projected government spending of N$100.1 billion for the 2024/2025 financial year. Cirrus Capital economist Robert McGregor provides insights. todayFebruary 29, 2024 32 2
insert_link Business / Economics Economist weighs in on Bank of Namibia’s policy alignment Following calls for increased inclusivity in the Monetary Policy Committee of the South African Reserve Bank, we reached out to Cirrus Capital Economist, Robert McGregor for his take. todayFebruary 1, 2024 24
insert_link Namibia United States has reached an agreement to extend the African Growth and Opportunities Act The United States has reached an agreement to extend the African Growth and Opportunities Act for an additional 10 years. AGOA provides duty-free access to the American market for over 30 African countries. The current AGOA agreement is set to expire in September 2025, and the extension is contingent on approval from the U.S. Congress. We sought the opinion of Cirrus Capital economist Robert McGregor for his insights on this […] todayJanuary 16, 2024 12
