Category: Observer Money

NWR launches NamLeisure Corporate card

Namibia Wildlife Resorts (NWR) has grown its NamLeisure offering by introducing a NamLeisure Corporate card that is aimed at giving companies a discount on their meetings, incentives, conferences and events at any of its establishments that are spread across the country.

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MTC launches TikTok bundles

Driven by unswerving need to provide ever evolving solutions in the Namibia market, Mobile Telecommunications Limited (MTC) recently launched its customized MTC TikTok Data Bundles, available for postpaid and prepaid customers.

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Bank Windhoek cuts interest rates

In response to the announcement by the Monetary Policy Committee of the Bank of Namibia (BoN) to cut the Repo rate from 4.25 percent to 4 percent as announced on 17 June 2020, Bank Windhoek has announced a reduction of its Prime Lending Rate by 0.25 percent from 8 percent to 7.75 percent.

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BoN cuts Repo rate to 4%

The Bank of Namibia (BoN) Monetary Policy Committee (MPC) has cut the Repo rate from 4.25 percent to 4 percent, a move which translates to a cumulative 2.50 percentage point reduction since the beginning of the year.

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