The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

AALS farmers hand over petition to Agribank and Ministry of Finance

AALS farmers hand over petition to Agribank and Ministry of Finance

Written by Lydia Pitiri on 21 March 2018.

WINDHOEK, 21 MAR (NAMPA) - About 100 Affirmative Action Loan Scheme (AALS) farmers marched to the Agricultural Bank of Namibia (Agribank) head office in Windhoek on Tuesday to protest their accounts being handed over to debt collectors.
Last year, Agribank embarked on an intensified arrears collection strategy to recover some N.dollars 500 million owed by farmers. The bank thus initiated the listing of about 2 500 defaulters on the Information Trust Corporation (ITC).
Delivering the petition to Agribank, AA ...

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