Reprieve for consumers as Bank of Namibia cut interest rates

16 August 2017 Author   Nyasha Francis Nyaungwa

The Bank of Namibia on Wednesday cut the repo rate by 25 basis points to 6.75 percent, citing the need to support economic growth and maintaining the one-to-one link between the Namibian dollar and the South Africa rand.


The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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