23 October-8am news

Loading player...

# Mid-Year Adjustments Push Budget Higher....
# Economist Assesses N$88.6 Billion Budget....
# Accounting Summit Examines Opportunities and Challenges Facing Namibia’s Accounting Profession .....
# Nigeria Says Ebola Case Remains Contained ......PLUS
# Nasdaq Slides as Meta’s Artificial Intelligence Spending Spooks Investors .

23 Oct 1AM English Namibia News

Repo rate up by 0.25% to 7%

The Bank of Namibia has raised the repo rate by 25 basis points to 7%. The move was expected as consumer prices rose by 0.3% in September this year, with inflation coming in at 5.4%, up from 5% in August 2026 and 3.5% in September 2025. The central bank uses the repo…

28 Oct 5AM 1 min

Psemas mess: Schlettwein proposes biometrics

Former Finance Minister Calle Schlettwein has proposed biometric verification as a possible measure to strengthen controls within the Public Service Employees Medical Aid Scheme. The scheme faces mounting financial pressure, with annual costs of about N$3.9 billion and government seeking another N$535 million, as concerns grow over rising healthcare expenses and…

28 Oct 3AM 1 min

Repo rate will rise today - economist

The Bank of Namibia’s Monetary Policy Committee is expected to announce its latest interest rate decision today, with the repo rate currently at 6.75%, compared with South Africa’s 7.25%. The decision is being closely watched for its potential impact on borrowing costs, inflation and the exchange rate. Simonis Storm Securities…

28 Oct 3AM 1 min

28 october-8am news

# Bank of Namibia’s Latest Rate Call Could Affect Consumers and Businesses.... # Schlettwein Backs Biometric Checks to Curb Medical Aid Abuse.... # Job Creation and Technology Transfer on President’s Moscow Agenda ..... # South Africa’s Local Government Association Urges Voters to Choose Accountable Leaders ......PLUS # Israel Election Leaves…

28 Oct 12AM 4 min

28 October-7am news

#Economist Shares Expectations Ahead of Repo Rate Announcement.... # PSEMAS Faces Growing Financial Pressure Amid Abuse Concerns.... # President Arrives in Moscow for Russia–Africa Summit ..... # South Africa’s Lamola Condemns Attacks on Migrants ......PLUS # Wall Street Rises as Technology Stocks Rally