Bank of Namibia: Interest rates stay put
Posted by namibiaproperty on June 27, 2008
The Bank of Namibia has again decided NOT to up the interest rates in Namibia, thus we are still at 15,25% for now, however there is talk from various Commercial Bank’s (and apparently the BON) that the rates are to increase by at least another 2% before the end of the year, with a gradual decrease to happen from next year onwards.
