Month: December 2023

Home 2023 December
Muremi elected NNFU president
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Muremi elected NNFU president

Former Kavango East Farmers Union chairperson Adolf Muremi has been elected as the next Namibia National Farmers’ Union (NNFU) president at their just-elective congress, replacing Jason Emvula, who occupied the position for the last seven years. 

Repo rate expected to hold steady at 7.75%
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Repo rate expected to hold steady at 7.75%

The repo rate is expected to be held steady at 7.75% - and as a result, the prime lending rate at commercial banks is anticipated to remain unchanged at 11.5% when the Bank of Namibia’s Monetary Policy Committee meets for the last time this year on Wednesday, 6 December.