Debt Relief

13 Results / Page 1 of 2

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

Namibia

RFA writes off N$371m in old vehicle licence debts

Road Fund Administration (Photo: RFA) Motorists who have fallen behind on vehicle licence payments now have a path to financial relief following the implementation of the Road Fund Administration Amendment Act, 2024. The new law, which came into force through regulations gazetted on 22 August 2025, introduces exemptions and waivers on licence fees, penalties, and interest. Finance Minister Ericah Shafudah said the reform is designed to balance citizen relief with […]

today17 September, 2025

Namibia

City of Windhoek declines pensioner debt write-off

The City of Windhoek has turned down a petition calling for the unconditional cancellation of pensioner debts, because of financial stability concerns and adherence to council policy. The City’s spokesperson, Lydia Amutenya, says that any debt relief must follow the existing framework approved in 2023, which was designed to preserve service delivery while supporting vulnerable groups. To date, more than N$124 million in residential debt has been written off through […]

today5 August, 2025

Business / Economics

President of S.A urges G20 to renew its efforts to advance debt sustainability

President Cyril Ramaphosa of S.A has urged the G20 to renew its efforts to advance debt sustainability, with a particular emphasis on African countries. The president delivered the opening address at Thursday's G20 foreign ministers' meeting at Nasrec in Johannesburg. South Africa is hosting the first meeting of foreign ministers since taking over the G20 presidency from Brazil in December. Ramaphosa says more than 3.3-billion people live in countries where […]

today21 February, 2025

World

U.S President Biden pushes for more Ukraine help

  The White House is planning to cancel billions of dollars in debt owed by Ukraine — the latest in a series of efforts to provide support for the war-torn nation in advance of President-elect Donald Trump taking office. Congress could still block the move, but outgoing President Joseph Biden wants to rush through as much assistance to Ukraine as possible before his term ends early next year, amid concerns […]

today22 November, 2024

Africa

Ghana’s economic crisis was caused by government borrowing – the central bank did the best it could: economist

      By Emmanuel Ameyaw, Tohoku University     Ghana is going through its worst economic crisis in a generation. The past two years have seen record high inflation in the country. Ghana’s central bank (the Bank of Ghana) has been criticised in some quarters for its role in the country’s economic malaise, which has hit the profitability of Ghanaian banks. The Conversation Africa’s Godfred Akoto Boafo speaks to […]

today17 June, 2024

Interview Transcripts

EXCLUSIVE INTERVIEW: Shaun Gariseb Advocates for Cow Debt Relief: A Call to Action

Leonard Witbeen/Date: April 9, 2024 Shaun Gariseb, a prominent advocate for community welfare, has taken a bold step towards addressing the pressing issue of cow debt relief in Windhoek. In a recent statement, Gariseb announced plans to mobilize support for those excluded from existing relief efforts and reject what he views as inadequate offers from the city. The Katutura Central Committee representative emphasized the importance of inclusivity in relief efforts, […]

today9 April, 2024