Repo rate reduces by 25 basis points

The repo rate has reduced by 25 basis points to seven percent.  During the final monetary policy meeting of the year, Bank of Namibia Governor Johannes ǃGawaxab says the move is aimed at supporting domestic economic activity while maintaining the stability of the dollar, which remains pegged to the South African Rand. !Gawaxab noted that […]

Public reaction to national elections outcome

It was business as usual in the streets of Windhoek following the final announcement of the Presidential and National Assembly election results last night.  While some were aware that the results would be announced, others were caught by surprise when the final outcome was revealed. In Katutura, residents expressed mixed emotions.  Some were pleased with […]

Tsumeb Municipality to raise water tariffs 

The Tsumeb Municipality is preparing to increase water tariffs in July 2025 to cover the operational costs of its newly constructed water treatment plant, valued at N$36 million. The municipality’s engineer, Manuel Pedro, told Nampa in an interview that consultations are underway with the Ministry of Rural and Urban Development in this regard. “Currently, water […]