• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Thursday, July 3, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
13 °c
Columbus
19 ° Tue
21 ° Wed
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Companies Property

Toll gate – what does it mean for homeowners?

by editor
November 25, 2022
in Property
48
A A
58
SHARES
960
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

You might also like

Household debt rises by N$109m in April, driven by mortgage growth

Windhoek building plans plunge by 87% in April

Swakopmund leads building completions worth N$86.8 million in March

 Living at the right address, in the right location with a good road network will always add value to your property. Namibia is ranked number one in Africa and 21st in the world in terms of quality road infrastructure. 

However, if the government has its way, its citizens will be paying far more for this privilege by introducing a road tolling system. Road tolling is when drivers pay a fee to make use of certain sections of the road, with funds raised used for the road’s upkeep and maintenance. 

Although there are foreign studies to support the idea that toll roads do lead to an increase in development and property values you can’t help, but feel sorry for those who bought property in a different town from where they work, hoping to save money by buying property in smaller less expensive towns like Okahandja and Rehoboth. These already overburdened taxpayers are not only paying more for transport costs, they are now also going to have to pay a premium simply to get to work and back. 

Good infrastructure is a necessity for a better future for our country, but this requirement must not leave us poor, road users already pay taxes and fuel levies every time they fuel their vehicles. One would think that money raised through fuel levies should be more than enough to cover the costs of road maintenance and new infrastructure.

The announcement of the coming toll gates in 23 sections has left a sour taste in many road users’ mouths. One of the primary concerns since the announcement for the proposal is that it will result in a steep increase in the cost of living for all road users, especially workers who live in other towns from where they work. 

The Road Fund Administration (RFA) CEO Mr. Ali Ipinge says introducing a tolling system will have a massive increase in the RFA revenues, by about one third of what they make now. This translates to about between N$500 million to N$750 million per annum.

However, stakeholders and experts say a tolling system would further overburden Namibians who are already battling high food and fuel prices, rising interest rates, inflation, and general cost of living. Nothing has been finalised yet, however, the RFA has promised to launch a nationwide public engagement to sensitise road users on tolling. 

Good roads are important for any economy, and the maintenance of them is no cheap task. However, we need to balance the need for good roads and the road users’ ability to afford tolling fees. Especially now when most households are under a lot of financial pressure. It’s a shame that one will have to pay a premium just to get to work. 

For enquiries text, call or email #yourhomegirl Justina Hamupembe at +264812726001 or email: justina@chili.com.na 

author avatar
editor
See Full Bio
Tags: companies
Share23Tweet15Share4
Previous Post

AfriTin discovers more lithium, tin, tantalum in Namibia

Next Post

Ghana plans to buy oil with gold instead of U.S. dollars

Recommended For You

Household debt rises by N$109m in April, driven by mortgage growth

by reporter
June 3, 2025
0
Household debt rises by N$109m in April, driven by mortgage growth

Namibia’s household debt increased by N$109 million in April to reach N$68.8 billion, driven mainly by growth in mortgage credit, even as overall consumer borrowing remained restrained due...

Read moreDetails

Windhoek building plans plunge by 87% in April

by editor
May 20, 2025
0
Windhoek building plans plunge by 87% in April

Windhoek recorded an 87% month-on-month decline in the value of approved building plans in April 2025, dropping from N$1 billion in March to just N$145 million, according to...

Read moreDetails

Swakopmund leads building completions worth N$86.8 million in March

by reporter
May 15, 2025
0
Swakopmund leads building completions worth N$86.8 million in March

The Namibia Statistics Agency (NSA) reports that the total value of buildings completed in Namibia surged to N$86.8 million in March 2025, with Swakopmund accounting for the largest...

Read moreDetails

GCR upgrades Oryx Properties’ credit rating

by editor
April 29, 2025
0
GCR upgrades Oryx Properties’ credit rating

Global Credit Ratings (GCR) has upgraded Oryx Properties Limited’s national scale credit rating to BBB+(NA)/A2(NA) with a stable outlook, citing the company’s improved financial metrics and the successful...

Read moreDetails

FNB Collective Buying: A New Path to Property Ownership

by editor
April 28, 2025
0
FNB Collective Buying: A New Path to Property Ownership

In the final episode of The Property Buyers Guide, Justina Hamupembe—aka YourHomeGirl—sits down with Rolandi Van Wyk, FNB Home Loans Growth Manager, to explore FNB’s brand-new home loan solution: Collective Buying....

Read moreDetails
Next Post
Ghana plans to buy oil with gold instead of U.S. dollars

Ghana plans to buy oil with gold instead of U.S. dollars

Related News

Tourists book 26,534 rooms in March

Tourists book 26,534 rooms in March

May 15, 2024
Namibia’s mining sector called to leverage electricity single-buyer model

Namibia’s mining sector called to leverage electricity single-buyer model

October 11, 2024
Achieving financial balance and mental well-being

Achieving financial balance and mental well-being

May 15, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.