insert_link Interview Transcripts Interview: Business Expert Josef Sheehama Backs Pension Access to Ease Government worker Debt Business expert Josef Sheehama has highlighted the urgent need for government employees to access their pension funds to settle mounting debt, citing the pressures of the current economic climate and rising financial distress among public servants. Speaking in an interview, Sheehama noted that excessive debt has been linked to mental health challenges and, in some cases, even suicides. Sheehama expressed support for government initiatives such as the pension-backed home loan scheme, […] today13 October, 2025
insert_link Namibia Business Expert Warns of Risks in Pension-Backed Home Loans. Business Expert Josef Sheehama has cautioned that pension-backed home loans, though a creative solution, may not solve affordability challenges and could endanger retirement savings if borrowers default. He suggested the government directly settle creditors while ensuring employees retain a portion of funds for financial security. today13 October, 2025
insert_link Business / Economics Interview: Business Researcher Josef Sheehama on Beneficiation and External Loans: A Strategic Outlook for Namibia’s Economic Future IntroductionIn a recent interview, business researcher Josef Sheehama offered a comprehensive view of Namibia’s economic strategy, emphasizing the dual importance of beneficiation and external loan management. His vision for Namibia's economic independence hinges on industrialization, foreign direct investment (FDI), and leveraging natural resources to reduce dependency on external debt. 1. Namibia’s Vision 2030: Charting a Path to Industrialization Sheehama emphasizes that Vision 2030 is more than a governmental slogan—it […] today12 May, 2025
insert_link Interview Transcripts Ratepayers’ Struggle: The City of Windhoek’s Selective Billing and Redforce’s Questionable Practices By Leonard Witbeen Windhoek residents continue to face inconsistent and seemingly unfair treatment regarding municipal bills, with some accounts being swiftly rectified while others suffer at the hands of aggressive debt collectors. A recent case involving a prominent Governor highlights the glaring disparities in how the City of Windhoek (CoW) and Redforce Debt Management handle ratepayers. A Governor’s Bill Magically Reduced A Governor who owns property in Windhoek recently discovered […] today13 February, 2025
insert_link Interview Transcripts Lydia Amutenya Responds to Redforce Allegations Windhoek, February 13, 2025 City of Windhoek spokesperson Lydia Amutenya has dismissed allegations of irregularities in the municipality’s dealings with Redforce Debt Management, stating that no evidence has been provided to substantiate the claims. Speaking in response to recent concerns raised by residents and activists, Amutenya emphasized that account holders who require clarification regarding their municipal bills should contact the City of Windhoek’s customer service center at 061-290-3377 or email […] today13 February, 2025
insert_link South Africa Ramaphosa to Deliver SONA at Cape Town City Hall Today S.A's National Assembly speaker Thoko Didiza has confirmed that president Cyril Ramaphosa will deliver the state of the nation address at Cape Town City Hall today. A two-day debate will follow Tuesday next week, before Ramaphosa’s response. Didiza emphasises the importance of SONA in shaping national discourse and its role in uniting the three arms of the state: Meanwhile, the DA urges Ramaphosa to prioritise fiscal discipline and debt management […] today6 February, 2025
insert_link Business / Economics Bank Windhoek Warns Against Poor Financial Planning Bank Windhoek's Credit Executive Officer, Eddie King, identifies poor financial planning, unexpected expenses, economic downturns, and over-reliance on credit as major causes of financial default. He stresses the importance of budgeting, emergency funds, and strong financial planning to navigate economic challenges and avoid high-interest debt traps. King urges individuals and businesses to stay informed about economic trends to make better financial decisions. today5 February, 2025
insert_link Namibia National Assembly postpones Mid-Year Budget Review Finance Minister Iipumbu Shiimi could not deliver the 2024/25 Mid-Year Budget Review this afternoon as the National Assembly lacked the required quorum. The session was postponed to Tuesday, 29 October 2024. The mid-year review seeks to evaluate the country's economic progress and fiscal strategies, with a focus on debt management and economic recovery. today28 October, 2024
insert_link Business / Economics Saving for retirement in South Africa? Four tips to navigate the new pension rules By Adrian Saville, University of Pretoria South Africa is changing its pension laws. The new system is designed to give individuals the opportunity to access only a portion of their retirement funds before they retire in the case of dire need – or even in case of desire. To an extent, this makes sense, given the low savings rate in the country. It forces individuals […] today31 July, 2024
