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BoN decreases repo rate by 25 basis points

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The Bank of Namibia has reduced the repo rate by 25 basis points from 7.5% to 7.25%. 

Commercial banks are expected to reduce their prime lending rates by the same margin, from 11.25% to 11%.

M&G Investments, BoN tackle education crisis

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In a collaborative effort to tackle Namibia's education crisis and empower the country's future leaders, M&G Investments and the Bank of Namibia (BoN) hosted an inspiring event featuring Jeff van Rooyen, a renowned financial expert and philanthropist. 

Namibia draws lessons from oil producing economies

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Namibia can draw lessons from other oil-producing economies as the country positions itself to ensure a sustainable future.

The country is expected to be among the top 15 oil producers in Africa by 2035, should it stay clear of corrupt practices and mismanagement of natural resources.