Namibia pays off US$750 million Eurobond

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Namibia has repaid the country's second Eurobond, valued at US$750 million, marking the largest single debt maturity in Namibia's history. 

BoN Cuts Repo Rate to 6.5%

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The Bank of Namibia has reduced its main interest rate by 25 basis points, to 6.5%, after previously keeping its lending rate unchanged for three consecutive monetary policy meetings. 

Cash remains a preferred payment method

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Despite the ongoing rise of digital payment solutions, cash remains significant – both as a payment method and as a safety net in the event of digital disruptions.

The Governor of the Bank of Namibia, Johannes !Gawaxab, remarked this at the launch of new upgraded banknotes and coins in Mariental.

Namibia unveils upgraded banknotes and coins

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President Netumbo Nandi-Ndaitwah says the upgraded banknotes and coinage series align with the recently unveiled sixth National Development Plan (NDP6).

Dr. Nandi-Ndaitwah launched the upgraded series of banknotes and coinage in circulation, a first since 1993.

Namibian Inflation is under control - !Gawaxab

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The Governor of the Bank of Namibia, Johannes !Gawaxab, says inflation in the country is under control.

He told Members of Parliament that headline inflation went down in the first five months of 2025, attributed to lower costs in transport and housing.