Higher borrowing costs imminent with another interest rate hike on the horizon
Published on: Wednesday 05 April 2023
By Josef Kefas Sheehama.The Bank of Namibia is expected to raise interest rates by 50 basis points on 19 April 2023 to curtail ravaging inflation and a fast depreciating Namibia Dollar. We are expecting the Bank of Namibia to continue raising interest rates over the medium term.In my view as Independent Economics and Business Researcher I strongly believe that the Monetary Policy Committee will increase the repurchase rate by 50 basis points if...
