The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

RADIO BULLETIN NO: 06 FOR 18H00

Contributed by NAMPA.

HERE IS TODAY’S BULLETIN FOR 18H00
WEDNESDAY, 30 NOVEMBER 2022
NAMIBIA PRESS AGENCY


1 (OTJIWARONGO, 30 NOV, NAMPA) – The Bank of Namibia (BoN) today announced an immediate increase to the repo rate by 50 basis points.

The increased repo rate now translates into lending rates of money by the central bank of Namibia to the local commercial banks from 6.25 per cent to 6.75 per cent.

In a media statement today, BoN said the decision to increase the repo ...

 

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