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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

2 Week Ago

CONSIDERATIONS: Reduce the inflation target and consider reducing the band around it,’ was one of the key recommendations in the OECD’s 2025 survey.

OECD backs SARB push to lower South Africa’s inflation target

4 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

4 Week Ago

Africa is struggling to create enough good jobs for its young population. Photo Pexels

Economic growth is speeding up in Africa...

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

Central bank governor Johannes !Gawaxab says United States President Donald Trump's utterance against South Africa may negatively impact the Namibian economy.

Namibia warns Trump spat with SA puts its economy at risk

4 Month Ago

The head quarters of the South African Reserve Bank.

Analysts concur: Sarb to cut rates by 25bps on Thursday

5 Month Ago

The governor of the Bank of Namibia (BoN), Johannes !Gawaxab. Photo Contributed

Third rate cut in a row

6 Month Ago

The return of Donald Trump as United States president is unlikely to force the South African Reserve Bank to cut the repo rate later this week. Seen in the picture is SARB governor Lesetja Kganyago.

Trump uncertainty won’t scupper SARB repo cut

7 Month Ago

Private sector credit extension (PSCE) growth rose to 3% year-on-year (y/y) in September from 2.1% y/y in August.

Households, businesses take up more credit in September

7 Month Ago

Private sector credit extension (PSCE) growth rose to 3% year-on-year (y/y) in September from 2.1% y/y in August.

Households, businesses take up more credit in September

7 Month Ago

Photo Unsplash/Kyle Glenn

IMF not doing enough to support Africa

8 Month Ago

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