Interview TranscriptsInterview: 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 NamibiaRFA 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
insert_link NamibiaCity 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
insert_link Business / EconomicsPresident 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
