Nanyeni calls for debt to fund development, not consumption

NAMPA

2025-04-16

WINDHOEK, 15 April 2025 - Swapo Party Member of Parliament, Fenni Nanyeni. (Photo: Andreas Thomas) NAMPA

OMUTHIYA, 16 APR (NAMPA) – Swapo Party member of Parliament (MP) Fenny Nanyeni has called for Namibia’s borrowing strategies to prioritise capital formation over consumption during her contribution to the 2025/26 national budget debate.
Nanyeni expressed concern over the N.dollars 13.7 billion allocation for debt servicing out of the total N.dollars 106.3 billion budget for the current financial year.
Speaking in the National Assembly on Wednesda...

Restricted content

Budget Swapo development infrastructure socio-economic electricity

Business

Otjiwanda Expo exhibitors laud platform

2026-05-01 16:24:13

Household debt ratios improve: BoN

2026-05-01 11:45:23

NARETU, NBL sign wage deal

2026-04-30 17:38:15

Namibia completes FATF action plan ahead of May deadline

2026-04-30 16:48:52

Financial Stability Report launched

2026-04-30 14:55:42

FNB Commercial appoints Hans as Head of Public Sector Banking

2026-04-30 09:58:17

Theofelus launches Namibia’s 2026 cyber security incident guidelines

2026-04-30 05:28:04

Second cohort of BW Emerging Bankers Programme announced

2026-04-29 16:55:03

BoN revises inflation upward to 3.7 per cent

2026-04-29 15:47:47

Bank Windhoek, education ministry strengthen partnership on youth development

2026-04-29 14:35:57

Otjiwarongo municipal debt increases to N.dollars 80 million

2026-04-29 13:51:24

Latest NAMPA photos

LÜDERITZ, 01 May 2026 - Vice President Lucia Witbooi, officially opening the 19th Annual Lüderitz Crayfish Festival. (Photo: Contributed)

NAMPA

OPUWO, 01 May 2026- Governor of the Kunene Region Vipuakuje Muharukua addressing the International Workers' Day commemorations at Opuwo. (Photo: Contributed)

NAMPA

OPUWO, 01 MAY 2026- President Netumbo Nandi-Ndaitwah addressing the International Workers' Day commemoration at Opuwo in the Kunene region. (Photo: Contributed)

NAMPA

OTJIWARONGO, 01 MAY (NAMPA) - The accident scene where a truck and a minibus belonging to the Ministry of Health and Social Services collided south of Otjiwarongo, along the B1 road on Friday morning. A total of 11 people from the minibus all died instantly and some burned beyond recognition. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

OTJIWARONGO, 01 May 2026 - The accident scene where a truck and a minibus belonging to the Ministry of Health and Social Services collided south of Otjiwarongo on Friday morning, along the B1 road. A total of 11 people from the minibus all died and some burned beyond recognition. (Photo by: Mulisa Simiyasa) NAMPA

NAMPA

WINDHOEK, 29 April 2026 - Khomas Region Governor, Sam Nujoma; Governor of Zambezi, Dorothy Kabula; and Governor of Kavango West, Verna Sinimbo. (Photo by: Eba Kandovazu) NAMPA

NAMPA