NamWater’s unpaid water bills surge to N$2.4 billion
The Namibia Water Corporation Ltd (NamWater) has revealed that outstanding payments for water services have surged ...
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Tag: debt
NamPower owed nearly N$1 billion, seeks 17% tariff increase
The Namibia Power Corporation (NamPower) is grappling with unpaid customer debts , which have pushed its ...
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Govt clears N$26.6 million debt for Alienation Scheme beneficiaries
The government says it has cleared the N$26.6 million debt for 609 beneficiaries of the Rehoboth ...
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Namibia’s household debt increases by N$1.3bn
Namibia’s household credit data for August 2024 shows a mixed trend, with total debt increasing by ...
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FIMA clause mandates minimum N$200,000 is retained for beneficiaries despite policy claims
A clause in the Financial Institutions and Markets Act (FIMA) aims to protect beneficiaries of insurance ...
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49% Namibians anticipate difficulties meeting their existing bills and loans
The Transunion Consumer pulse index says 49% of Namibian consumers anticipate difficulties meeting their existing bills ...
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Namibia’s deficit widens to N$11.4 billion in Q1 2024
Namibia's current account deficit widened to N$11.4 billion during the first quarter of 2024, up from ...
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Trustco plans N$4.4 billion debt to equity conversion
Trustco Group Holdings Limited (Trustco) has revealed plans to convert N$4.4 billion (US$235 million) of debt ...
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Namibian secondary bond market reaches record N$1.8 billion in 2024
The Namibian secondary bond market surged in 2024, recording a record-breaking N$1.8 billion in transactions year-to-date, ...
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Household credit surges to N$67b, 55% of April’s total credit
Namibia’s household credit amounted to N$67 billion in April 2024, commanding 55% of total private sector ...
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