The Governor of the Bank of Namibia, Johannes !Gawaxab announced on Wednesday that the repo rate has been reduced by 25 basis points to 6.75%, effective immediately.The decision was not unanimous, ...

The Bank of Namibia (BoN) has lowered its repo rate by 25 basis points this week, citing the need to maintain the currency peg with South Africa and address a widening ...

Equity Bank, the largest lender in Kenya by customer numbers, has announced a substantial reduction in interest rates, becoming the third major bank to do so this week.

WINDHOEK: Namibia’s central bank cut its main interest rate for the fourth straight monetary policy meeting, saying its ...

India's central bank on Wednesday surprised markets by announcing another liquidity infusion this week as it aims to inject funds in the banking system for the longer term.

The Reserve Bank of India (RBI) was all set to inject Rs 2,50,000 crore through its Variable Rate Repo (VRR) auction on ...