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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

affordable housing

12 Results / Page 1 of 2

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Interview Transcripts

Anonymous Interview: Challenges Faced by the Community in Havana, Windhoek: A Closer Look at Municipal Services, Healthcare, and Unemployment

  November 18, 2024 – Havana, Windhoek Life in Havana, a settlement located in the outskirts of Windhoek, presents its residents with a range of challenges, many of which stem from systemic issues that persist despite promises from political parties and government institutions. Living in a community where resources are scarce, Anonymous X Hakahana—a local resident—shared valuable insights into the everyday struggles faced by the people in Havana, shedding light […]

todayNovember 18, 2024 88

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Opinion Pieces

Affordable Housing: A Key Driver for Sustainable Development

    Monday, 4 November 2024 - Affordable housing is one of the key aspects for development in Namibia. In response to the country's pressing housing needs, Old Mutual Namibia launched its Housing Fund in August 2024. With an initial capital of N$50 million, the initiative is set to provide critical financial support for affordable housing projects, aimed at addressing the growing demand for accessible and affordable housing in the […]

todayNovember 4, 2024 14

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Business / Economics

Austria proposes construction of affordable houses in Namibia

      An Austria-based Global Housing Solutions company has proposed to build affordable houses in Namibia, through a government-based loan of N.dollars 1.4 billion (70 million Euros). This is according to Austria's 10th Federal Chancellor Alfred Gusenbauer who during a courtesy visit to President Nangolo Mbumba on Monday said through their facilitation the Namibian government could enter into a contract with an Austrian commercial bank with a grace period […]

todayJuly 15, 2024 111

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Local

Minister Dangiwa Addresses Housing Affordability Crisis at Ministerial Roundtable during ShafDB AGM in Kigali

      The Honorable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has highlighted the severe housing affordability crisis affecting over 80% of Africa's population, driven by low incomes, challenging macroeconomic conditions, and rising living costs. Speaking at the Ministerial Roundtable on "Innovative Financing for Housing Affordability," held during the Shelter Afrique Development Bank (SHAFDB) Annual General Meeting at the Marriott Hotel in Kigali, Rwanda, the minister […]

todayJune 12, 2024 13

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Local

Letshego Bank Namibia & Ongos Valley partner for affordable, sustainable homes

    Letshego Bank Namibia and Ongos Valley Property developers have united to provide affordable housing, specifically designed to cater to those in the middle to low income bracket. Through Letshego Home Loan your dream of owning a home is now within reach. This partnership is a game-changer in our approach to sustainable living. Beyond a mortgage loans, Letshego Bank and Ongos Valley are pioneering in 'Green living' property development. […]

todayMay 21, 2024 34

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Local

Letshego Bank Namibia & Ongos Valley partner for affordable, sustainable homes

      Letshego Bank Namibia and Ongos Valley Property developers have united to provide affordable housing, specifically designed to cater to those in the middle to low income bracket. Through Letshego Home Loan your dream of owning a home is now within reach. This partnership is a game-changer in our approach to sustainable living. Beyond a mortgage loans, Letshego Bank and Ongos Valley are pioneering in 'Green living' property […]

todayMay 20, 2024 16

Local

Rwanda to host Shelter Afrique Development Bank’s 43rd AGM in June 2024

    Rwanda will host Shelter Afrique Development Bank (ShafDB) 43rd Annual General Meeting (AGM) in June Kigali, the Company has disclosed. This follows the nomination of Rwanda as the next host country at Shelter Afrique Development Bank’s 42nd AGM held in Abuja, Nigeria, and the subsequent signing of the host country agreement between the Company and the Government of Rwanda in Kigali in March. The host country agreement was signed by […]

todayApril 23, 2024 32

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Business / Economics

Rising interest rates drive demand for extended rental agreements

The FNB Rent Price Index has remained positive for two consecutive quarters, reaching a 12-month average of 4.7% in quarter three of 2023. The average rent price on a 12-month rolling basis is N$7 177. The bank’s Economist Ruusa Nandago says individuals are delaying property purchases and choosing extended rentals due to higher interest rates and affordability challenges.  

todayJanuary 29, 2024 58

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Namibia

Over 200 000 houses envisaged for construction from 2024

  The recently revised National Housing Policy and Implementation Action Plan amongst others provides for the acceleration of the servicing of 340 000 new plots and construction of over 200 000 houses over the next five years. The policy, which was approved by Cabinet in November 2023, also approves the scaling up and upgrading of at least 60 per cent of existing informal settlements across the country between 2024 and […]

todayDecember 15, 2023 18

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