Africa Links 24 with Shania Lazarus
Published on 2025-12-03 09:29:40
The Bank of Namibia has decided to keep the repo rate unchanged at 6.50% for the next two months.
Speaking during the announcement on Wednesday, central bank governor Johannes !Gawaxab said the decision was taken to safeguard the currency with South Africa.
“To continue safeguarding the peg between the Namibian dollar and the South African rand, while supporting the domestic economy, the monetary policy committee decided to keep the repo rate unchanged,” said !Gawaxab.
