16
Apr
Martin Endjala Omake Charity Board Chairperson, Eddy Kgobetsi, says that Namibians need to create a culture of self-sufficiency to navigate the scourge of the inflation rate. He was responding to the current repo rate which stands at 7.75 percent, and it is anticipated to remain unchanged, following South African Reserve Bank (SARB) decision to maintain the repo rate at 8.25 percent at its meeting last month. Bank of Namibia (BoN) Monetary Policy Committee is expected to announce the repo rate on 17 April. Kgobetsi said it's worrisome that there are no indications of the repo rate declining anytime soon, given…