2025 February

BANK OF NAMIBIA EXPECTED TO CUT REPO RATE BY 25BPS

Daleen Small2025-02-12T11:55:05+02:00February 12th, 2025|NEWS|

The Bank of Namibia (BoN) is expected to reduce the repo rate by 25 basis points (bps) next week at its first Monetary Policy Committee (MPC) meeting of the year, lowering it to 6.75%. The anticipated rate cut aligns with South Africa’s monetary policy easing cycle and is aimed at alleviating economic pressures. Analysts predict [...]

NAMIBIA, SWEDEN STRENGTHEN MINING SECTOR COLLABORATION

Daleen Small2025-02-12T11:06:18+02:00February 12th, 2025|NEWS|

Namibia is seeking to bolster its mining sector through strategic collaboration with Sweden, focusing on value addition and sustainable mineral processing. Speaking at the 10th session of the Namibia-Sweden Bilateral Working Group meeting, Deputy Minister of International Relations and Cooperation Jennely Matundu highlighted the potential for Sweden’s advanced mining technology and expertise to enhance Namibia’s [...]