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Category: Business

BoN reduces repo rate to 7.25 per cent

WINDHOEK: The Bank of Namibia ( BoN ) announced a 25 basis point reduction in the repo rate , from 7 . 50 per cent to 7 . 25 per cent , on Wednesday . BoN Governor Johannes ! Gawaxab said the Monetary Policy Committee ( MPC ) took the

Old Mutual launches Omaheke Gardens

Windhoek: Old Mutual Namibia recently launched the Omaheke Gardens project to address hunger among learners in Gobabis . This initiative aims to assist schools and uplift the community by creating sustainable gardens . The Omaheke Gardens project will…

Domestic financial system stable, robust: BoN

Windhoek: The Bank of Namibia ( BoN ) has stated that the country ‘ s domestic financial system is stable , sound , and robust . This comes after the Financial System Stability Committee ( FSSC ) met on 03 October 2024 , to review the resilience of Na…

Home Affairs awarded for excellence at Windhoek Show

Windhoek: The Ministry of Home Affairs , Immigration , Safety and Security scooped two awards for their outstanding service delivery at the 2024 Windhoek Industrial and Agricultural Show that ended on Saturday . The ministry was recognised for issuing…

MAWLR allocates money for irrigation design at Neckartal

Keetmanshoop: The Ministry of Agriculture , Water and Land Reform has allocated N . dollars 20 million during the 2024 / 2025 financial year for the design of the long – planned irrigation scheme at Neckartal Dam . This information was revealed by || …

NamRA urges taxpayers to report companies that do not pay tax

The Namibia Revenue Agency ( NamRA ) has urged taxpayers to report companies that do not pay tax so that they can investigate and take action against them . The request was made by NamRA facilitator , Simson Shivolo , during the Small and Medium Ente…