Namibia holds interest rates steady in first meeting under new governor

The Bank of Namibia kept its repo rate at 6.50 percent today to ensure currency stability. Governor Ebson Uanguta cited low inflation and economic support.

The Bank of Namibia NANA announced on February 18, 2026, that it has kept its policy repo rate unchanged at 6.50 percent. This decision marks the first monetary policy meeting held under the leadership of the newly appointed Governor Ebson Uanguta, who has begun a five-year term. The central bank stated that the move is intended to maintain support for domestic economic activity while ensuring the stability of capital flows and preserving the Namibia dollar’s peg to the South African ZAZA rand.
A general view of the city and Christ Church in Windhoek, Namibia, March 2, 2025. REUTERS/Siphiwe Sibeko
A general view of the city and Christ Church in Windhoek, Namibia, March 2, 2025. REUTERS/Siphiwe Sibeko
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