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October 2024

BoN reduces repo rate to 7.25 per cent

WINDHOEK: The Bank of Namibia ( BoN ) announced a 25 basis point reduction in the repo rate , from 7 . 50 per cent to 7 . 25 per cent , on Wednesday . BoN Governor Johannes ! Gawaxab said the Monetary Policy Committee ( MPC ) took the decision during …

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Lusikisiki mass murder suspect abandons bail

A 45-year-old man suspected of the murder of 18 people in the Eastern Cape has abandoned his bail application in the Lusikisiki Magistrates’ Court in the Eastern Cape.

Siphosoxolo Myekethe – who was on parole during his arrest – appeared in the cour…

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Oshoopala satellite police station commissioned

Oshoopala: The Oshoopala satellite police station was officially commissioned at Oshakati on Wednesday . Oshakati Mayor Leonard Hango said Oshoopala has become a hotspot for crime as the population continues to grow . Hango said the satellite police s…

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