BoN decreases repo rate by 25 basis points
Breadcrumb
The Bank of Namibia has reduced the repo rate by 25 basis points from 7.5% to 7.25%.
Commercial banks are expected to reduce their prime lending rates by the same margin, from 11.25% to 11%.
The Bank of Namibia has reduced the repo rate by 25 basis points from 7.5% to 7.25%.
Commercial banks are expected to reduce their prime lending rates by the same margin, from 11.25% to 11%.
A Zambian national arrested on Monday in connection with the murder of a teacher in the Greenwell Matongo location in March made a first court appearance on Wednesday before the Katima Mulilo Magistrate's court.
The former Regional Executive Committee member of the Swapo Party Youth League in the Erongo Region, Reinhold Shipwikineni, could lose his properties if he fails to pay N$400,000 in legal costs within 10 days following a High Court ruling.
Namibia's head coach, Collin Benjamin, and Zimbabwe's head coach, Michael Nees, shared insights ahead of the 2025 AFCON Qualifier, scheduled to take place at Orlando Stadium in South Africa.
Omukwambi Trading cc, in collaboration with WhatsApp Bar, will host the Warm-Up Cup Tournament this weekend, inviting various teams to participate in talent-scouting matches.
Sport Producer Erickson Tapiso with more.