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A service for banking industry professionals · Wednesday, April 16, 2025 · 803,933,304 Articles · 3+ Million Readers
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Bank of Namibia News Monitoring

  • Published on 13:52 GMT

    Central Bank of Namibia Keeps Interest Rate at 6.75%

    Namibia’s central bank opted to keep its benchmark interest rate steady at 6.75%, ending a streak of four straight cuts, as it flagged rising uncertainty in global economic policy. The decision, announced on Wednesday, reflects the Bank of Namibia’s …

    Source: News Central TV - Indeterminate
  • Published on 14:06 GMT

    Economists Expect Bank of Namibia to Hold Repo Rate Steady

    By: Loise Shiimi and Justicia Shipena Economists are forecasting that the Bank of Namibia’s Monetary Policy Committee (MPC) will keep the repo rate unchanged in its upcoming announcement. In February, the MPC opted to cut the repo rate by 25 basis points, …

    Source: Villager - Pending
  • Published on Apr 15, 2025

    Bank of Namibia expected to hold rates as external risks mount

    Business Reporter FNB Namibia Economist Helena Mboti has opined that the Monetary Policy Committee (MPC) is expected to keep the repo rate unchanged at 6.75% at its upcoming meeting on 16 April 2025, maintaining the 75bp policy differential with the SARB. …

    Source: Informante - Pending
  • Published on 11:05 GMT

    Namibia central bank holds key interest rate at 6.75%

    Namibia's central bank held its main interest rate on Wednesday, citing heightened global policy uncertainty as it raised its inflation forecasts for this year and next. The decision to maintain the repo rate at 6.75% followed four consecutive rate …

    Source: Polity - Pending
  • Published on 14:50 GMT

    Repo rate maintained at 6.75%

    Business Reporter TO continue safeguarding the peg between the Namibia Dollar and the South African Rand, while supporting the domestic economy amid heightened global policy uncertainty, the Monetary Policy Committee (MPC) of the Bank of Namibia …

    Source: Informante - Pending
  • Published on 11:19 GMT

    Repo rate remains unchanged at 6.75 percent

    WINDHOEK, 31 March 2025 - Governor of the Bank of Namibia, Johannes !Gawaxab (Photo: Contributed) WINDHOEK, 16 APR (NAMPA) - The Bank of Namibia (BoN) has kept the repo rate at 6.75 percent for the next two months. Making the announcement on Wednesday, the …

    Source: Namibia Press Agency - Pro-Government
  • Published on 19:17 GMT

    Repo Rate remains unchanged at 6,75 %

    The Monetary Policy Committee of the Bank of Namibia has decided to keep the repo rate unchanged at 6.75%. This was announced by the central bank's governor, Johannes !Gawaxab, following the committee's second bi-monthly meeting of the year, held …

    Source: Namibian Broadcasting Corporation - Pro-Government
  • Published on 09:45 GMT

    Namibia’s cash loans owed N$8.1 billion

    As at the end of 2024, cash loan businesses in the country were owed N$8.1 billion. This is according to the quarterly report of the Namibia Financial Institutions Supervisory Authority (Namfisa), which regulates the non-banking financial sector. The …

    Source: The Namibian - Neutral
  • Published on Apr 15, 2025

    Safety net swells to N$30.3 million for bank collapses

    In case a commercial bank fails, the Namibia Deposit Guarantee Fund now has N$30.3 million to compensate depositors who may have lost money through the closure of that bank. This was announced by Florette Nakusera, the head of the Namibia Deposit Guarantee …

    Source: The Namibian - Neutral
  • Published on Apr 15, 2025

    Deposit guarantees key for financial inclusion …act as strong safety nets for financial system confidence

    In recent years, financial inclusion has taken centre-stage as a key driver of economic growth, poverty reduction and prosperity.  In this regard, deposit insurance schemes are among the key vehicles through which financial inclusion is enhanced.  This was …

    Source: New Era - Pro-Government
  • Published on Apr 15, 2025

    Inflation contained and April repo rate likely unchanged – FNB 

    Domestic inflation is expected to remain elevated but relatively contained. In its latest consumer price index analysis, FNB stated it expects transport inflation to stay muted, amid subdued demand and ongoing geopolitical uncertainty.  However, the …

    Source: New Era - Pro-Government
  • Published on Apr 14, 2025

    Primary Sector Slowed Namibia’s Economic Growth in 2024

    By: Dwight Links Namibia’s economy slumped in comparison to its 2023 overall as a result of the negative growth that was witnessed by the Bank of Namibia (BoN) and its subsidiary, the Namibia Deposit Guarantee Authority (NDGA). The NDGA’s Florette Nakusera …

    Source: Villager - Pending
  • Published on Apr 13, 2025

    Kathindi outlines development plan for Oshikoto

    Maria David NEWLY appointed Oshikoto governor Sacky Kathindi on Tuesday laid out a comprehensive vision for the region’s growth and prosperity during the official handover ceremony from former governor Penda Ya Ndakolo in Omuthiya. In his inaugural address …

    Source: Informante - Pending
  • Published on Apr 12, 2025

    Firms to boost energy sector

    In a bid to strengthen Namibia’s local content in the energy, oil, and gas sectors, Moneda Capital Management Limited has partnered with First National Bank of Namibia and Ino Harith Capital to support Small and Medium Enterprises critical to the country’s …

    Source: Punch - Indeterminate
  • Published on Apr 11, 2025

    Theofelus warns public against rising deepfake misinformation

    Date: April 11, 2025 Staff Reporter THE Minister of Information and Communications Technology, Emma Theofelus, is urging the public to remain vigilant against deepfake videos and images that appear to originate from trusted sources. “Deepfake technology is …

    Source: Informante - Pending
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