Namibian annual inflation remained unchanged at 5.0 percent in November, while on a monthly basis it increased from 0.1 to 0.2 percent. The consumption categories experiencing the largest price increases over the past 12 months were education (8.1%), alcoholic beverages and tobacco (7.8%) and food (7.2%). Only one consumption category… Continue reading
The Namibian Monetary Policy Committee (MPC) decided to leave the repo rate unchanged at 6% today (12 December 2014). This is the first meeting of the MPC since the South African Reserve Bank (SARB) kept the SA repo rate unchanged at 5.75% in November. According to the Bank of Namibia “The decision was taken to support domestic economic activities, while monitoring the effects of recent monetary policy decisions”. Please see the full report below.
CAUTIONARY ANNOUNCEMENT Shareholders are advised that BWH has entered into negotiations, which if successfully concluded may have a material effect on the price of the group’s shares. Accordingly, shareholders are advised to exercise caution when dealing in the group’s shares until a full announcement is made. By order of the… Continue reading