Government debt

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Namibia

City of Windhoek Sends Biggest Arrears to Collector

Windhoek’s city council has handed over N$409.9 million of its unpaid debt to external debt collector RedForce, spokesperson Lydia Amutenya confirmed to NewsOnOne’s Josia Shigwedha. This is representative of the largest slice of the total N$944 million owed to the city as of May by normal clients, businesses, pensioners, and government institutions with overdue accounts older than three months.  

today8 July, 2025

Africa

African countries are struggling with high debt, demands to spend more and collapsing currencies: the policy fixes that could help

  By Jonathan Munemo, Salisbury University Highly indebted African countries are facing stark trade-offs between servicing expensive debt, supporting high and growing development needs, and stabilising domestic currencies. Government debt has risen in at least 40 African countries over the past decade. As a result, some are experiencing a bad combination of high debt, elevated development spending needs amid budget shortfalls, and unfavourable exchange rate pressures. These issues have become […]

today1 February, 2024