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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

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 29

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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 10