Category: Industry

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Repo Rate Increased by 6.75 Per Cent in Namibia

Windhoek: The Bank of Namibia (BoN) has announced an increase in the repo rate by 25 basis points, bringing it to 6.75 per cent, which in turn raises the prime lending rate to 10.25 per cent. This decision was disclosed by BoN Governor Ebson Uanguta f…

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Okakarara CBD to be Relocated This Year

Okakarara: Chief Executive Officer of the Okakarara Town Council, Ernst Katjiku, confirmed plans to relocate the central business district (CBD) of Okakarara this year to a newly serviced portion of land at the town. “This identified area is situated …

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