17th June 2026  /  EAGLE FM

REPO RATE UP BY 0.25%

The Bank of Namibia has announced that the rape rate has increased from 6.50% to 6.75%.
Global tension & other economic indicators have have contributed to this increase.

We caught up with Economist Abraham Iita to discuss if the increase was an expected one & if consumer really get to feel the impact of the repo rate, especially in previous times where it decreased.