Economy

Central bank raises repo rate to 7% amid inflation pressures and FMD outbreak

The Bank of Namibia has increased the Repo rate by 25 basis points to 7%, bringing the Prime rate to 10.50% The decision was announced on Wednesday by Bank of Namibia Governor Ebson Uanguta during a monetary policy announcement following a comprehensive review of economic developments and extensive deliberations.…

Namibian EconomistBy The Staff Reporter28 October 2026 at 11:18 UTC · 21h ago

Central bank raises repo rate to 7% amid inflation pressures and FMD outbreak — AFBR headline illustration · not a photograph of the event

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Original headline: “Central bank raises repo rate to 7% amid inflation pressures and FMD outbreak”

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