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Chamwe Kaira  The Bank of Namibia (BoN) is expected to maintain the repo rate at 6.75% at its next Monetary Policy Committee (MPC) meeting on Wednesday.  “However, we do believe there is one more rate cut of 25 bps in the pipeline before the end of 2025, balancing stable inflation with the need to support economic growth,” said Almandro Jansen of Simonis Storm Securities. Jansen said Namibia’s inflation outlook remains stable but with risks tilted upward.  “While the food and transport categories will continue to shape near-term trends, the persistence of service-driven inflation suggests that price stability may become more…

Staff Writer  Old Mutual Namibia has announced that customers have redeemed more than N$2 million worth of rewards points through its rewards programme.  The milestone highlights the programme’s growing role in providing real value for customers’ financial engagement. Of the total redemption value, nearly N$1 million was redeemed through MTC Namibia. “This partnership has proven to be incredibly impactful, allowing members to convert their points into airtime and data, essentials in today’s digital world. The Foschini Group redemptions make up the other N$1 million redemptions, offering Rewards members multiple redemption options in stores,” the company said. The rewards programme encourages…

Staff Writer  The International Air Transport Association (IATA), in collaboration with management consulting firm Oliver Wyman, has launched a joint study titled Reviving the Commercial Aircraft Supply Chain.  The report examines the ongoing challenges in the aerospace supply chain, their impact on airlines, and strategies to address the global supply-demand imbalance. Delays in aircraft and parts production are forcing airlines to reconsider their fleet plans and keep older planes in service for longer.  The global commercial aircraft backlog reached a record high of over 17 000 aircraft in 2024, up from an average of 13 000 between 2010 and 2019.…