The repo rate is expected to go down by 25 basis points towards the end of the year.

FNB Namibia Economist, Ruusa Nandago, said this during the Economic Breakfast with FNB Commercial.

Employees of FNB Namibia paid tribute to their former colleague, Thomas Indji, who died on Tuesday after a short illness.

Indji served the bank for over twenty years. 

The bank had a moment of silence during a tour talk event titled "Shaping Namibia's Tourism Future Together."