Windhoek considers incentives to push residents pay N$1.2 billion debts – Business Express

Home Uncategorized Windhoek considers incentives to push residents pay N$1.2 billion debts – Business Express
Windhoek considers incentives to push residents pay N$1.2 billion debts – Business Express



City Mayor, Cllr. Joseph Uapingene has said that the City of Windhoek will consider incentives as one of the ways to encourage residents to pay their debts and thereby relieve the City and residents of the current debt.

The City approved its 2023/2024 budget which has grown to N$5 billion.

Uapingene highlighted that there is consideration for the Finance Department to look at the Debt Book which currently stands at N$1.2 billion as at 31 October 2023, of which N$963 million is in arrears.

“The exercise seeks to identify the long outstanding debts that are assessed as not collectable. Thereafter recommendations for the appropriate measures to clear the debt will be made, one of which is to consider incentives that encourage residents to pay their debts and thereby relieve the City and residents of the current debt,” he said.







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