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IN THE NEWS

Repo announcement ‘no surprise’

by Denver Kisting   DANIEL Kavishe, an economist at FNB Namibia, yesterday afternoon said the decision by Bank of Namibia (BoN) to leave the repo rate unchanged at 6,75% came as no surprise.   Upon enquiry, Kavishe said: “It was widely expected.” Briefing reporters in the capital yesterday morning, BoN governor [...]

Interest rates to stay put – repo rate maintained at 6.75%

by Intern   The Bank of Namibia maintained the repo rate unchanged at 6.75%, Governor of the Bank, Iipumbu Shiimi said on Wednesday.   The Monetary Policy Committee took the decision following a review of global, regional and domestic economic and financial developments.   “This level is deemed appropriate to continue [...]

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