housing affordability

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Namibia

Government Revives Rent Control Bill to Tackle Soaring Housing Costs

  The government is pushing ahead with efforts to cap housing and rental prices, with new minister Modestus Amutse prioritising the completion of the long-delayed Rent Control Bill, The Brief reports. First introduced in 2017, the bill seeks to establish a national rental control board as average rents — now at N$7,611 — continue to strain affordability. Amutse emphasised the need for close cooperation with the Ministry of Urban and Rural Development. He said intervention can no longer […]

today11 December, 2025

Interview Transcripts

Interview: Herbert Jauch Calls for Radical Overhaul of Namibia’s Housing and Loan System

  Namibia’s housing market is fundamentally broken and rigged in favour of commercial banks, says social justice activist Herbert Jauch, who is calling for urgent reforms to protect homebuyers and make housing more affordable for ordinary Namibians. In a strong critique of the current system, Jauch argues that the structure of mortgage financing in the country puts excessive risk on borrowers. “Right now, if a person who took out a […]

today23 June, 2025

Business / Economics

FNB Namibia house price index reports 7% growth in Q3 2024

    The FNB Namibia House Price Index for the third quarter of 2024 has revealed a growth of 7%, with notable increases observed in the central, coastal, and northern regions. However, the southern regions continued to experience sluggish growth. According to Market Research Manager at FNB Namibia, Mandisa Van Wyk, the growth in house prices was also supported by improved transaction volumes, although they remain in contraction.     […]

today22 January, 2025

Local

Minister Dangiwa Addresses Housing Affordability Crisis at Ministerial Roundtable during ShafDB AGM in Kigali

      The Honorable Minister of Housing and Urban Development, Arc. Ahmed Musa Dangiwa has highlighted the severe housing affordability crisis affecting over 80% of Africa's population, driven by low incomes, challenging macroeconomic conditions, and rising living costs. Speaking at the Ministerial Roundtable on "Innovative Financing for Housing Affordability," held during the Shelter Afrique Development Bank (SHAFDB) Annual General Meeting at the Marriott Hotel in Kigali, Rwanda, the minister […]

today12 June, 2024