Debt

Unpaid water bills put pressure on NamWater

Oshakati purification Plant “The top 12 indebted local authorities collectively owe NamWater about N$889 million.” WINDHOEK, 12 March - The Namibia Water Corporation Ltd (NamWater) is facing financial strain, with outstanding payments for water services reaching N$2.4 billion by the end of February 2025. The corporation's latest figures reveal a 16% increase from N$2.1 billion in June 2024, raising concerns about the sustainability of the country's water supply infrastructure. NamWater […]

12 March, 2025 46

Dr. Sam Nujoma

Ekandjo Hails Nujoma’s Economic Legacy

Former Minister Jerry Ekandjo says Namibia did not borrow from the IMF or World Bank during Sam Nujoma’s 15-year presidency. In an interview with Future Media's Angie Scholtz, he also called on the next government to revive Nujoma’s Ondangwa–Cape Fria railway project. ENG Jerry Ekandjo Sam

12 February, 2025 36

Interview Transcripts

Understanding Household Debt: Insights from Josef Sheehama

In a recent conversation with financial expert Josef Sheehama, the pressing issue of household debt came to the forefront. As living expenses surge and financial pressures mount, households across Namibia find themselves grappling with a significant increase in debt burdens. Sheehama sheds light on the factors contributing to this trend and offers valuable insights into navigating the challenging financial landscape. Namibia's household debt has seen a staggering rise, with estimates […]

13 May, 2024 19

Business / Economics

Households Struggle with Soaring Debt

With the expertise of financial analyst Josef Sheehama, the growing issue of household debt has taken center stage. As the cost of living skyrockets and financial pressures increase, families across Namibia are facing a significant surge in debt. Sheehama delves into the factors driving this trend and offers invaluable advice for navigating the intricate financial landscape.

13 May, 2024 69

2

Oshiwambo

Elelo loshilando sha Windhoek lawedelako komafiku okushangifa ovakulupe tava diminwapo eengunga davo.

Elelo loshilando sha Windhoek ola shiivifila oshiwana kutya omalishangifo enasha noku dimapo eengunga dovakulupe okwa undulilwa komesho Edi oda popiwa noku yelifwa nawa kwao eli omupopiliko welelo loshilando sha Windhoek Lydia Amutenya, pefimbo leenghundafana odo ali mudo nondjo nghundana yetu yo Future Media news ongula yonena. Amutenya kwati omalishangifo oo ali ena oku xula ngeno mo 15 April 2024, mopaife okwa undulilwa komesho ko 31 May. Okwati omalishangifo okwa hovelele […]

9 April, 2024 35 2

Business / Economics

Market Watch – 12 March 2024

Michelle speaks to Catalyst Investment Managers' Head of Research, Cheryl Emvula, about government's debt burden. https://iono.fm/e/1415416

13 March, 2024 36

South Africa

Load shedding & Transnet caused huge losses – SA Budget 2024

National Treasury plans to draw down from a special R500bn account for the first time to reduce debt and associated servicing costs over the next three years, according to the 2024 budget delivered by the finance minister on Wednesday February 21 2024.

21 February, 2024 18

Interview Transcripts

EXCLUSIVE: Unveiling the City of Windhoek Mass Enquiry Protest: Katutura Central Resident’s Committee’s Shaun Gariseb Speaks Out

By Leonard Witbeen In a recent statement, Shaun Gariseb sheds light on the upcoming mass inquiry scheduled for February 7th, 2024, regarding the City of Windhoek's promises of debt relief. The protest arises from concerns raised by numerous pensioners who have been eagerly awaiting the fulfillment of commitments made by the City. Gariseb articulates the pressing questions that the pensioners, along with other residents, intend to pose during the mass […]

29 January, 2024 19

Business / Economics

As equity deals continue to decline and volumes dry up worldwide, African startups are increasingly relying on venture debt to stay afloat.

By Conrad Onyango, bird story agency In 2022, when funding from venture capitalists began to dry up in Africa, Treepz, a shared mobility startup, was faced with a difficult decision... throw in the towel or grow the business without new investors. As part of their decision to keep going, they changed their core business model. “Towards the end of 2022, we knew the funding draught would happen in Africa. We […]

24 January, 2024 6