ON THE RADAR WITH SHELLEYGAN (9 DECEMBER 2020)
ON THE RADAR – 09/12/2020
A. Bank of Namibia kept the repo rate unchanged at 3.75 percent. The repo rate is the rate at which the Bank of Namibia lends money to the commercial banks. This in end has an effect on the interest rate the commercial banks charge clients. We speak to Economist Salomo Hei and Dr Omu Kakujaha-Matundu to discuss this decision by the Bank of Namibia.
B. The Health Ministry expects the official funeral of Swapo member of parliament Mandela Kapere to adhere to the public and environmental health act regulations.
C. In September, the Agriculture Ministry picked up on another outbreak of the Foot and Mouth Disease rapidly spreading through the northeastern part of Namibia.
