Tuesday, November 10, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Companies Finance

Windhoek builds 700 low-cost houses in informal settlements

by editor
July 14, 2023
in Finance
8
A A

The City of Windhoek (CoW) has so far constructed a total of 700 low-cost housing units in its informal settlements at a cost of N$120 million, an official has revealed.

The project launched in 2020 seeks to construct 1,200 low-cost houses in various informal settlements and has a budget provision of N$250 million.

This includes 30 two-bedroom houses that were handed over by Urban and Rural Development Deputy Minister Nathalia /Goagoses, in the informal settlement of Havana on Friday. 

This forms part of the Informal Settlement Upgrade pilot project that is being undertaken by the City of Windhoek in collaboration with the National Housing Enterprises (NHE) and Regional Council.

“Do not forget that this is a revolving project. Therefore, I implore the beneficiaries of these houses to honour their loan repayments, as it is only through such gestures that the various partners including government can deliver on its commitment to providing decent shelters to other needy Namibians. We do not want to see you erecting shacks again, we are doing away with that, rather try economical activities,” said Goagoses.

She added that “also, with decent shelters, it provides a safe environment to make babies, and protects you from harm and harsh weather conditions”. 

CoW Section Engineer for housing, property management and human settlements, Theunis Heunis, said the construction cost of the houses amounts to N$228 000, which is inclusive for land servicing, surveying, connections and transfer costs.

“The units are quite affordable with a monthly instalment of N$1,300, repayable over a 25-year period with a 5% interest rate,” said Heunis.

With the relatively affordable pricing and successes achieved so far, /Goagoses wants the programme to be rolled out countrywide.

She in the same vein applauded contractors saying: “I am happy you are completing projects timely and at a relatively affordable price. It is very costly in cases where buildings are left halfway built, and to continue such will cost more.”

Minister Erastus Uutoni in a speech read on his behalf by /Goagoses stressed that Namibia is faced with the huge challenge of high levels of poverty and inequality.

Therefore, he says it is imperative that these projects provide the necessary foundation upon which to stimulate economic growth, employment creation, and social transformation and ultimately, reduce poverty reduction.

“Moving forward, I would like to encourage the intensification of such projects, so that we as a nation can achieve prosperity. Let us collectively do more to remedy and ensure improved quality of life for our residents,” Uutoni said.

One of the key pillars of national development goals, Uutoni said, is to facilitate the economic integration of marginalised communities into the mainstream economy. 

He therefore feels that such cannot be achieved if the basic human needs for shelter, safety and security remain largely unattainable by the majority of residents- especially in the informal settlements.

“I am aware of the challenges that are being faced by the implementing agencies, Windhoek Municipality and the NHE, in terms of availing readily-available land for the construction of the houses due to the constraining statutory process, which we need to follow. This is to ensure that our houses meet the desired quality and standard,” he said. 

The Minister thus urged the two institutions to devise ways on how to timely expedite the approval of statutory processes. Another challenge he noted is the slow update by the targeted beneficiaries, hence Uutoni advised residents to approach the offices in order to get assistance.

 

 

 

author avatar
editor
See Full Bio
Previous Post

De Beers deal is boon for Botswana’s economy, President says

Next Post

Osino pumps N$1.4bn into its Namibia Twin Hills project

Must Read

A man in a dark suit and glasses speaks at a clear podium during a formal event, with a large event backdrop behind him reading launch text.
Finance

GIPF to host 300 delegates at Pension and Investment Symposium

November 6, 2026
Group of formally dressed people standing under a tent at a ceremony, with a woman in blue attire at right and Dangote branding visible on podiums in front.
Finance

Afreximbank commits to financially backing Dangote and other credible investors in Namibia

November 5, 2026
First Capital, Kuleni to administer GIPF’s Pension-Backed Home Loan Scheme
Finance

GIPF to host two-day Pension and Investment Symposium

November 5, 2026
Six professionals pose in front of a Namibia Trade Network backdrop; the central man holds a Namibia Trade brochure.
Finance

Standard Bank warns of rising AI-driven fraud threats in Namibia

November 5, 2026
Front entrance of the Ministry of Finance, with a large sign reading 'MINISTRY OF FINANCE FISCUS BUILDING' above glass doors.
Finance

Govt rejects N$13 billion in additional spending requests to contain debt

November 5, 2026
Stacked coins increasing in height beside a shopping cart, with a red upward growth line indicating rising value or costs.
Finance

Rising transport and food costs push Namibia’s inflation to 5.6%

November 5, 2026
Load More

Related News

Gaomab II speaks on Fishcor stability , CEO appointment

Gaomab II speaks on Fishcor stability , CEO appointment

January 19, 2022
Bank of Namibia keeps repo rate unchanged at 6.75%

Namibia’s banking sector assets hit N$184.7 billion

November 21, 2025
Front entrance of the Ministry of Finance, with a large sign reading 'MINISTRY OF FINANCE FISCUS BUILDING' above glass doors.

Finance Ministry flags major obstacles to government’s local procurement ambitions

August 10, 2026

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • 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
  • e-edition
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2026 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
No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 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.