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Repo rate reduced to 5.25 percent
On 20 March, the Monetary Policy Committee (MPC) of the Bank of Namibia called a special meeting considering the recent extra-ordinary events emanating from the COVID-19 pandemic. The MPC cut the Reop rate with 100 basis points to 5.25 percent following a review of the global, regional and domestic economic and financial developments
Analysis of the latest version of the National Equitable Economic Empowerment Bill (NEEEB)
On 19 February, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to cut the Repo rate with 25 basis points to 6.25 percent. The decision was made to support domestic economic activity and to maintain the one-to-one link between the Namibian Dollar and the South African Rand.
Repeal of Tax Incentives
On 19 February, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to cut the Repo rate with 25 basis points to 6.25 percent. The decision was made to support domestic economic activity and to maintain the one-to-one link between the Namibian Dollar and the South African Rand.
Repo rate reduced to 6.25 percent
On 19 February, the Monetary Policy Committee (MPC) of the Bank of Namibia held its bi-monthly meeting and decided to cut the Repo rate with 25 basis points to 6.25 percent. The decision was made to support domestic economic activity and to maintain the one-to-one link between the Namibian Dollar and the South African Rand.
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