BANK OF NAMIBIA STRENGTHENS MONETARY POLICY AND REGIONAL COOPERATION

BANK OF NAMIBIA STRENGTHENS MONETARY POLICY AND REGIONAL COOPERATION The Bank of Namibia (BoN) has taken significant steps to reinforce its monetary policy framework and deepen regional financial cooperation through a series of developments. These include safeguarding price stability, supporting economic growth and strengthening financial stability. In a move aimed at strengthening monetary policy formulation, […]

NAMIBIA SET FOR BIG INTEREST RATE HIKE IN OCTOBER

 September 23, 2022 Economists are predicting the Bank of Namibia (BoN) will raise its benchmark interest rate by 0.75 percentage points in October, the second such rise in a row, and signal plans to raise rates again in the coming months.  This was after the South African Reserve Bank’s Monetary Policy Committee (MPC) raised the […]