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The Reserve Bank's monetary policy committee has increased the repo rate by 50 basis points to 4.75%. This is the largest hike since January 2016.

Jerry Muadinohamba has retired from his position as an Independent Non-Executive Director of Standard Bank Holdings Limited.

Namibia Wildlife Resorts (NMR) reduced its losses from N$174 million in the financial year 2020 to N$97 million last year, showing a strong difference of N$77 million or a 44% improvement.

Additions continue to account for the majority of new building plans being approved, with a total of 188 building plans worth N$107.6 million having been approved during April 2022, compared to 247 in the prior month.

The Russian-Ukraine is proving to be a blessing in disguise for Meatco following a sharp increase in global beef prices, especially in Europe where the company exports meat.

Cryptocurrency can supplement mobile money in Africa if regulators can be convinced of its benefits, according to the chief executive of Kenya’s biggest lender by market value.

Central banks in five of eight major African nations will likely hold interest rates in the next two weeks to shore up their sickly economies, even as inflation pressures build.

Bank Windhoek says it will fully cooperate with the Namibian Competition Commission’s (NaCC) investigation into alleged exclusive dealings in property conveyance services between the bank and Dr. Weder, Kauta & Hoveka Inc.

The Namibian Competition Commission (NaCC) has commenced an investigation into alleged exclusive dealings in property conveyance services between Bank Windhoek and Dr. Weder, Kauta & Hoveka Inc.

Trevali Mining Corporation (Trevali) has entered into a mandate agreement with Standard Bank Namibia and Standard Bank South Africa to arrange a N$1.76 billion project finance facility for the Rosh Pinah expansion project.

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