Key points drawn from coverage. Tap a point to see the original sentence.
June 2026
Informanté
South African Reserve Bankincreasedtheir policy rates at their latest monetary policy meetings
Source
“In this regard, the South African Reserve Bank, the European Central Bank and the Bank of Japan increased their policy rates at their latest monetary policy meetings.”
South African Reserve Bankraisedits repo rate by 25 basis points to 7%
Source
“This outlook has been influenced by recent developments in South Africa, where the South African Reserve Bank raised its repo rate by 25 basis points to 7%, lifting the prime rate to 10.50% in its first hike since 2023.”
South African Reserve Banksignedrevised Memorandum of Understanding with Bank of Namibia
Source
“THE Bank of Namibia (BoN) and the South African Reserve Bank (SARB) have signed a revised Memorandum of Understanding (MoU) to further strengthen institutional cooperation between the two central banks.”
South African Reserve Banksignedrevised agreement to strengthen cross-border cooperation and financial stability
Source
“The Bank of Namibia (BoN) and the South African Reserve Bank (Sarb) on Tuesday signed a revised agreement to strengthen cross-border cooperation and financial stability.”
South African Reserve Bankcutrate in November 2025
Source
“In December, the central bank reduced the repo rate by 25 basis points to 6.50%, following the South African Reserve Bank (SARB) 's rate cut in November 2025.”
South African Reserve Bank (SARB)left interest rates unchanged at11.75% – a 10 year high
Source
“The last few South African Reserve Bank's (Sarb) Monetary Policy Committee (MPC) announcements have left interest rates unchanged at 11.75% – a 10 year high as interest rates remain extremely high.”
South African Reserve Bankhas started working withblockchain technology to create a decentralised ledger for bank transactions
Source
“Barclays, one of the oldest and arguably most visionary banks to date, has already implemented this technology in its system, and even the South African Reserve Bank has started working with it to create a relatively decentralised ledger that keeps track of all transactions between banks in South Africa.”
The Bank of Namibia increased the repo rate by 25 basis points to 6.75%, bringing the Prime lending rate to 10.25%, citing rising global and domestic inflationary pressures and shifting monetary policy stances among major central banks.
The Bank of Namibia increased the repo rate by 25 basis points to 6.75%, bringing the Prime lending rate to 10.25%, citing rising global and domestic inflationary pressures and shifting monetary policy stances among major central banks.
Namibia's headline inflation rose to 3.1% year-on-year in April from 2.1% in March, driven by higher transport costs following fuel price increases linked to Middle East tensions. FNB Namibia warns inflationary pressures are likely to persist, with further strain dependent on geopolitical developments that could push transport and food prices higher.
Headline inflation jumped to 3.1% in April from 2.1% in March, primarily driven by transport costs reflecting currency depreciation and higher global fuel prices. With the repo rate held at 6.50%, real interest rates have fallen, supporting credit demand but eroding household purchasing power.
The Bank of Namibia announced its repo rate will remain at 6.50% until mid-June, keeping commercial bank prime lending rates at 10%. The central bank cited weak domestic economic activity, higher inflation forecasts for 2026, and the need to maintain the Namibia dollar's peg to the South African rand in its decision.
ANC veteran Tokyo Sexwale has disputed President Cyril Ramaphosa's explanation of US dollars stolen from his Phala Phala farm, calling it a "cock-and-bull story" and demanding Ramaphosa appear before the impeachment committee. Ramaphosa has said the cash was proceeds from cattle and game sales to a Sudanese businessman and was left at the farm to secure future purchases before being stolen.
FNB Namibia expects the central bank to keep the repo rate mostly unchanged in 2026 as inflation risks, weak economic growth, and exchange rate volatility pressure the economy, with the need to protect the currency peg and maintain import cover limiting scope for interest rate cuts despite mining inflows.
The Bank of Namibia has announced the repo rate will remain unchanged at 6.50% until mid-June, keeping commercial banks' prime lending rates at 10%. The central bank says the stance is necessary to safeguard the Namibia dollar's peg to the South African rand, citing weak domestic economic activity and higher inflation forecasts for 2026.
The Bank of Namibia and South African Reserve Bank have signed a revised Memorandum of Understanding to strengthen institutional cooperation on central banking functions, supervision, regulation, and resolution planning of cross-border financial institutions. The agreement establishes a formal framework for collaboration on financial stability, monetary coordination, and capacity-building while protecting the statutory independence of both institutions.
The Bank of Namibia and the South African Reserve Bank signed a revised agreement to enhance cross-border cooperation, financial stability, and supervisory coordination. The updated accord replaces a 2015 agreement and establishes a framework for central banking cooperation while maintaining both institutions' statutory independence.
South Africa's acting police minister confirmed that the Independent Police Investigative Directorate's report into a 2020 burglary at President Ramaphosa's farm has been declassified but remains inaccessible to the public, available only through formal legal channels under the Promotion of Access to Information Act. The report originally investigated allegations that VIP protection officers conducted questionable searches in Namibia following the theft of US dollars at the president's Limpopo property.
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.