FMD still confined, no new cases in the south

The Bank of Namibia raises the repo rate to 7% as inflation climbs to 5.4%, and FMD stays confined to two areas as vaccination passes 61,000 cattle. WHO launched an Ebola vaccine trial in the DRC, Cape Town’s mayor warns on smaller-party votes ahead of South Africa’s local elections, and…

Reaction has been received on the Bank of Namibia raising 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 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…

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…

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…