Namibia Minute.
Sunday, 21 June 2026
Namibia’s news, on the hour · Est. 2026
Sunday, 21 June 2026
Windhoek—:—London—:—New York—:—Beijing—:—
Namibian press · Person

Mally Likukela

2023-11-262026-06-21
Share on WhatsApp

What’s been said

Key points drawn from coverage. Tap a point to see the original sentence.

  1. June 2026

  2. New Era

    Economist Mally Likukela said repo rate increase causes more harm than good to economy

    Source

    “Another economist, Mally Likukela said, the increase in the repo rate causes more harm than good to the economy.”

    Repo rate hike blessing in disguise…hits loans, protects economy

  3. The Namibian

    Economist Mally Likukela says investing more locally could support economic growth but Namibia needs quality investment opportunities

    Source

    “Economist Mally Likukela says investing more locally could support economic growth, but Namibia first needs enough quality investment opportunities.”

    Ngurare tells GIPF to invest at home
  4. April 2026

  5. New Era

    Economist Mally Likukela indicated that the Monetary Policy Committee is likely to keep the repo rate steady

    Source

    “Meanwhile, economist Mally Likukela indicated that the Monetary Policy Committee (MPC) is likely to keep the repo rate steady, citing low inflation levels and stable external reserves as key factors.”

    Domestic economy projected to expand
  6. March 2026

  7. New Era

    Economist Mally Likukela said the budget is generally considered a 'pro-poor' tool but faces pressure from tight fiscal conditions and high debt servicing costs.

    Source

    “Economist Mally Likukela said the budget is generally considered a "pro-poor" tool, but it faces pressure from tight fiscal conditions and high debt servicing costs.”

    Economists warn of pressure on govt finances

  8. New Era

    Mally Likukela recommended that better targeting and improved efficiency in service delivery are needed.

    Source

    “The economist recommended that despite high spending, the impact on reducing inequality is considered modest by some, pointing to a need for better targeting and improved efficiency in service delivery.”

    Budget’s social focus enhances economic freedom … tackles poverty and inequality
  9. February 2026

  10. New Era

    Economist Mally Likukela says the detailed expenditure estimates and debt projections will determine whether government addresses unemployment and inequality

    Source

    “Economist Mally Likukela says that while many citizens focus on headline issues — such as whether income taxes will change, fuel prices will ease or spending on jobs and infrastructure will increase — the deeper signals lie in the numbers.”

    Shafudah  manoeuvres tight  fiscal  space … Analysts call for certainty, more investment

  11. New Era

    Local economist Mally Likukela expects central bank to hold repo rate steady

    Source

    “Local economist Mally Likukela expects the central bank to hold steady.”

    BoN expected to hold repo rate steady
  12. November 2023

  13. The Namibian

    Economist Mally Likukela said Namcor's plans are uninspiring and lack depth and context

    Source

    “Economist Mally Likukela yesterday said Namcor's plans are uninspiring and lack depth and context, which raises more questions than answers.”

    Namcor blames N$700m loss on internal breach, market instability
Business

Bank of Namibia raises repo rate to 6.75%

The News

The Bank of Namibia increased the repo rate by 25 basis points to 6.75%, pushing the prime lending rate to 10.25%, which means commercial banks will charge more for home loans, vehicle finance, and other credit. Governor Ebson Uanguta said the decision was necessary to mitigate inflationary risks and safeguard the one-to-one link between the Namibian dollar and the South African rand.

Why it matters

Bank of Namibia's repo rate increase to 6.75% directly raises borrowing costs for mortgages, vehicle loans and consumer credit across the economy.

18 June 2026 · New Era →

Thursday 18 June

  1. Bank of Namibia raises repo rate to 6.75%

    The Bank of Namibia increased the repo rate by 25 basis points to 6.75%, pushing the prime lending rate to 10.25%, which means commercial banks will charge more for home loans, vehicle finance, and other credit. Governor Ebson Uanguta said the decision was necessary to mitigate inflationary risks and safeguard the one-to-one link between the Namibian dollar and the South African rand.

    18 June 2026 · New Era →

Saturday 13 June

  1. PM urges GIPF to invest more funds domestically

    Prime Minister Elijah Ngurare has called on the Government Institutions Pension Fund to invest more of its funds in Namibia to protect its reputation, citing past investment losses outside the country that have damaged public confidence. The GIPF reported an impairment loss of N$815 million from a South African investment in November and faced earlier concerns about untraceable losses exceeding N$600 million.

    13 June 2026 · The Namibian →

Friday 17 April

  1. BoN projects steady growth in 2026–2027 following slowdown

    The Bank of Namibia forecasts the domestic economy will expand by 2.6% in 2026 and 2.9% in 2027, a downward revision driven by weaker performance in metal ores and diamond mining. Growth is expected to be led by construction, electricity, trade, and financial services, though uranium production is anticipated to provide some support.

    17 April 2026 · New Era →

Tuesday 31 March

  1. Economists warn government fuel subsidy unsustainable

    The government's N$500 million monthly fuel subsidy in response to rising oil prices is unsustainable and will not effectively help the poorest Namibians, according to economists. Several specialists argue direct cash grants to low-income groups would be more effective than broad price subsidies, while transport operators warn of industry strain from the fuel increases.

    31 March 2026 · The Namibian →

Wednesday 11 March

  1. Economists warn debt pressure will persist despite near-term gains

    While Namibia's debt-to-GDP ratio is expected to dip slightly from 67.3% to 66.1%, economists warn the improvement may be temporary as slower-than-projected economic growth could push the ratio above 70%. Rising interest payments—forecast to reach N$16.2 billion in 2026/27—are increasingly straining public finances and limiting resources for development and social programmes.

    11 March 2026 · New Era →

Friday 6 March

  1. 2026/27 budget prioritizes social spending but faces targeting concerns

    Namibia's newly tabled national budget allocates over 60% to social sectors and is viewed as a pro-poor tool that has contributed to reducing inequality, though an economist warns that spending is heavily skewed toward elderly pensions and that improved targeting and service delivery are needed to address persistent disparities.

    6 March 2026 · New Era →

Thursday 26 February

  1. Finance Minister presents 2026/27 budget amid fiscal constraints

    As Finance Minister Ericah Shafudah tables the national budget, analysts warn that rising debt-to-GDP ratios and constrained fiscal space pose sustainability challenges, while economists call for policy clarity, strategic investment in education and infrastructure, and balanced spending to address unemployment and weak growth.

    26 February 2026 · New Era →

Wednesday 18 February

  1. Bank of Namibia expected to hold repo rate steady

    The Bank of Namibia is scheduled to announce its repo rate decision today, with most economists expecting it to hold the rate at 6.50% to maintain the 25 basis point differential with South Africa and support currency stability amid low inflation and weak economic growth. Some analysts argue there is room for a cut given inflation below 3%, healthy foreign exchange reserves, and subdued credit extension, though others warn that cutting risks capital outflow and higher household debt.

    18 February 2026 · New Era →

Tuesday 20 January

  1. Political analysts question value of new Swapo think tank

    Political analysts say the government is overloaded with overlapping committees and advisers that duplicate work and delay service delivery. Critics argue the new Swapo think tank, comprising 37 appointed members, lacks independence and will produce little meaningful output, while a defending analyst says such bodies can help the party and government reassess decisions and plans.

    20 January 2026 · The Namibian →

Mally Likukela — Namibian press coverage · Namibia Minute