South Africa manufacturing

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Business / Economics

Weekly Economics Wrap 6-13 February 2025: Key Developments in Global and Regional Markets

Namibia: Interest Rate Cut and Oil & Gas Capacity Building The Bank of Namibia has lowered its key interest rate for the fourth consecutive monetary policy meeting, aiming to support economic growth amid stable inflation projections. On Wednesday, the central bank cut the repo rate by 25 basis points to 6.75%, following similar reductions in its last three policy decisions. The move is expected to provide relief to borrowers while […]

today13 February, 2025

Business / Economics

Morning Biz News – 13 February 2025

  Bank of Namibia Cuts Interest Rate Again The Bank of Namibia has reduced its key interest rate for the fourth consecutive monetary policy meeting, lowering the repo rate by 25 basis points to 6.75%. The central bank cited stable inflation projections and the need to support economic growth as the primary reasons for the cut. This follows similar reductions in its last three policy decisions, signaling a continued effort […]

today13 February, 2025

Business / Economics

09 January 2025 Morning Biz News: Namibian Stock Performance, South Africa’s Economic Challenges, and Global Financial Updates

  In the latest financial news, Letshego Holdings Namibia has emerged as the leader on the Namibian Stock Exchange for 2024, posting an impressive total return of 49.2%. This performance, based on the most recent figures, showcases Letshego’s strong position in the market. Nictus Holdings secured second place with a return of 30.4%, while Capricorn Group followed closely with a return of 24.7%. Meanwhile, in neighboring South Africa, the manufacturing […]

today9 January, 2025