Business Reporter THE Bank of Namibia’s Monetary Policy Committee (MPC) has announced that the repo rate will remain unchanged at 7.75%. The maintenance of the repo rate at its current level comes at a time when economic analysts expected the repo rate to be reduced by 0.25 basis points on the 14 February 2024 as...
Maria David THE Bank of Namibia’s Monetary Policy Committee (MPC) has decided to maintain the repo rate at 7.75%. This decision was announced by the Bank of Namibia Governor, Johannes !Gawaxab, on Wednesday at the Bank’s Oshakati branch in the Oshana Region. !Gawaxab said that the decision was made after conducting a comprehensive review of...