Here's why:
* NaOH is a strong base (sodium hydroxide).
* KBr is a salt (potassium bromide).
When you mix them in solution, you get a mixture of ions: Na+, OH-, K+, and Br-. There are no strong driving forces for these ions to combine to form new compounds. No precipitate will form, and no significant change in pH will occur.
In simpler terms: Imagine you have two groups of people, one group of men (Na+ and K+) and one group of women (OH- and Br-). They are all happy being in their separate groups and don't want to switch partners. So, you just end up with a mixed group of people, but no new couples are formed.