21
Aug
Martin Endjala Economic analyst Joseph Sheehama has praised the Bank of Namibia for keeping the repo rate unchanged, saying it will benefit those with bank loans, especially home mortgages. In an interview with Windhoek Observer last week, Sheehama said, that the Bank of Namibia's decision to keep the repo rate unchanged at 7.75 per cent was unexpected, but maintaining the status quo is a positive sign and will provide moderately needed support to the homeowners, especially those with mortgage loans. A further reduction in interest rates would have been the preferred course of action to bolster overall market confidence, and…