Search results for 'BankOfNamibia'
Zimbabwe
Bank of Namibia raises interest rates to safeguard currency peg, despite impact on consumers
Windhoek - The Bank of Namibia's decision to increase the repo rate by 50 basis points, from 7.25% to 7.75%, with immediate effect, has left many Namibian consumers struggling to survive. The repo rat
Jun 19, 2023
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Old Wine in New Bottles: Gvt Imposes ZiG 200k Fine for Violating Formal Market Rate Pricing
The introduction of the ZiG currency in Zimbabwe's ongoing currency struggle has been met with a wave of pessimism, much like its predecessor, the Zimbabwe Dollar. In just a month since its inception,
May 10, 2024Zimbabwe’s Maize Harvest Plummets 70% Accelerating Hunger Fears: Immediate Implications
Zimbabwe is facing a dire agricultural crisis as the Ministry of Agriculture reports an estimated staggering 70% decrease in maize harvest for the farming season 2023/2024 compared to the previous sea
May 09, 2024