Repo rate: Cuts only expected in latter half of 2027

October 28, 2026

Reaction has been received on the Bank of Namibia raising the repo rate by 25 basis points to 7%. The move was expected as consumer prices rose by 0.3% in September this year, with inflation coming in at 5.4%, up from 5% in August 2026 and 3.5% in September 2025. Future Media News spoke to Almandro Jansen, Economist at Simonis Storm.

The post Repo rate: Cuts only expected in latter half of 2027 appeared first on Future Media News.

Written by: Madeline

McHenry’s father and five others continue N$9m claim in court

The High Court battle involving the PDM and members demanding millions in compensation for lost parliamentary wages is continuing today before Justice David Mangota. The high-profile legal challenge brought by Mike Venaani, father of party president McHenry Venaani, and other affected party members, stems from the 2019 electoral list dispute, which later saw […]

October 29, 2026

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Joblessness described as a powder keg for Namibia

Joblessness continues to take its toll on Namibia and is described by some as a powder keg for social unrest if not addressed. The socio-economic pressures created by unemployment contributed to Namibia ranking 69th out of 70 economies globally in the International Institute for Management Development World Competitiveness Yearbook. The report shows Namibia slipping […]

October 29, 2026