Katutura Central constituency leadership plans to involve NamFISA to tackle City Of Windhoek debt interest

"These people don't want long-lasting solutions ,and they use pensioners to try and make it seem as if they are putting in effort but the reality is they not ,they are running a social service like a private business." says Shaun Gariseb- a local leader in Katutura Central constituency. This is in regards to the City Of Windhoek's "write-off" of debts for pensioners,business and other debtors.

December 13, 2023 22

Namibia

City of Windhoek Council to write-off over half a billion in debt

The City of Windhoek Council has announced a debt relief programme for eligible residents and businesses, totalling N$524 million. This is according to a press release issued on Tuesday by City of Windhoek spokesperson Lydia Amutenya. According to Amutenya, the programme will offer 100 per cent interest cancellation for pensioners, and 50 per cent interest cancellation for businesses, residential debtors, and other debtors. The programme will start in 2024. Local […]

December 7, 2023 18