OMAHEKE RESIDENTS STRUGGLE WITH RISING DEBT

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Unemployment, low wages, and socio-economic pressures are driving Omaheke residents into severe debt.

This emerged during a Parliamentary Standing Committee on Economics and Public Accounts hearing, where local stakeholders laid bare the region's financial crisis.

PARLIAMENT PROBES HOUSEHOLD DEBT IN ||KHARAS

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The Parliamentary Standing Committee on Economy and Industry, Public Administration and Planning has conducted a public hearing on household debts and lending practices in ||Kharas Region. 

The public hearing was held at Keetmanshoop. 

NA PROBES LENDING PRACTICES AND DEBT EXPLOITATION

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The National Assembly Parliamentary Standing Committee on Economy and Industry, Public Administration, and Planning held a public hearing on a motion looking at whether the existing laws are protecting Namibians from exploitation by lending institutions and informal money lenders.