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The Bank of Namibia is appealing to its regulated entities to bring its lending rates down in line with its peers in the common monetary area, amid indications that commercial banks offer credit to banking customers at a higher rate. PHOTO Bank of Namibia

Namibia’s banks urged to cut lending rates in line with CMA

3 Week Ago

UNCHANGED: The Bank of Namibia is expected to keep the repo rate unchanged later this month when its monetary policy committee sits to deliberate on the rate of borrowing.

Repo rate expected to hold steady in June

1 Month Ago

The monetary policy committee of the Bank of Namibia elected to keep the repo rate unchanged at 6.75%.

Repo rate holds steady as inflation forecasts rise

2 Month Ago

No-dollar payment system to save Africa R887bn: Standard Bank

8 Month Ago

BRUISED: A worker walks past a construction site in Beijing's Central Business District. PHOTO: REUTERS

China's economy falters, raises pressure for more stimulus

11 Month Ago

The transition to PSD-9 was originally scheduled for 30 April, but will now take effect on 30 September. Photo: File

Central bank delays payment systems change

1 Year Ago

Tourist arrivals have surged to their highest point in the past five years, with a total of 49 190 arrivals recorded in August this year. Photo Unsplash/S Gensicke

On the road to robust recovery

1 Year Ago

The Namibian dollar is pegged to the South African rand. Photo Reuters

A weak exchange rate is inflationary

1 Year Ago

The Bank of Namibia recently hosted its second meeting of the Central Monetary Area (CMA) Governors at Strand Hotel in Swakopmund. Photo Nikanor Nangolo

We are not out of the woods yet - !Gawaxab

2 Year Ago

Photo Reuters

Bank wants Africans buying from each othe

2 Year Ago

The Namibian dollar is pegged to the South African Rand. Photo Reuters

Breaking the peg can cause hyperinflation

2 Year Ago

Photo V2osk-c9OfrVeD/Unsplash

IMF expects global economy to slow further

2 Year Ago

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