BoN cuts repo rate by 25 basis points to 6.5 percent
The Monetary Policy Committee of the Bank of Namibia (BoN) reduced the repo rate by 25 basis points to 6.5 percent. The decision is to support domestic economic activities.
The Monetary Policy Committee of the Bank of Namibia (BoN) reduced the repo rate by 25 basis points to 6.5 percent. The decision is to support domestic economic activities.
Government says it will provide subsidies to farmers planning to market their products to generate income. Prime Minister Saara Kuugongelwa-Amadhila said this in an interview with NBC News when she visited Outapi Abattoir managed by the Namibian National Liberation Veterans Association.
Namibia is one of the member states of the African Union yet to sign the Comprehensive Africa Agriculture Development Programme Compact. The 2014 agreement seeks to accelerate agricultural growth and transformation for shared prosperity and improved livelihoods.
Namibian Police Force (NamPol) Inspector-General, Lieutenant-General Sebastian Ndeitunga is unhappy with the lack of effective police services and patrols in the Otjozondjupa and Kunene Regions, which he says could hamper the fight against crime. Lieutenant General Ndeitunga said this during a meeting with the Regional Police Commanders at Otjiwarongo.