insert_link Namibia Financial Struggles Worsen as State Support and Shack Dwellings Increase About 25% of Namibians earning an income spend only N$521 monthly, while 90% cannot afford more than N$5,000, reflecting widespread financial struggles, according to Cirrus Capital. State support sustains nearly a quarter of households, with drought relief beneficiaries doubling to 364,927 in 2024. Shack dwellers now make up 28.7% of households, tripling since 2011 to 217,000, especially in the Khomas region. Rising inflation and declining self-sourced income have worsened inequality […] todayDecember 19, 2024 7
insert_link Business / Economics Expert Discusses Financial Challenges Facing Local Authorities Business and economics researcher Josef Sheehama addresses the financial struggles of local authorities. He points out concerns about poor financial management, inadequate service delivery, and emphasizes the urgent need for improved governance and accountability. Meanwhile, residents of Katutura are intensifying their challenge against the City of Windhoek's decision to block electricity meters of unpaid clients, arguing that it is unlawful. Spokesman Shaun Gariseb comments: todayNovember 11, 2024 21
insert_link Namibia I have lost count – Amushelelo speaks on lawsuits against him https://youtu.be/nd-MjO9-dqo By Josia Shigwedha, via News on One Social activist and Namibia Economic Freedom Fighters Party (NEFF) Economic Commissar, Michael Amushelelo, says that he has lost count of the number of lawsuits against him, as they span multiple jurisdictions and total over a million of dollars. Amushelelo stated that despite these legal actions, this will not deter him from continuing the work he […] todayJune 5, 2024 29