BoN amends regulations on loan-to-value ratios

The Bank of Namibia (BoN) has released amended regulations on loan-to-value ratios to stimulate property investment and support economic recovery. Under the new regulations, the loan-to-value (LTV) ratios for additional property purchases have been further relaxed. Borrowers seeking a mortgage loan for a second residential property will no longer need to provide a deposit. For […]

Rehabilitation frameworks needed to avoid re-offending

Erongo Governor Neville Andre says there is a need to exchange ideas, experiences, and expertise to develop comprehensive rehabilitation frameworks that can be adapted and implemented in each country according to their specific needs and resources. Andre said this at the official opening of the three-day interaction training for officers in charge of correctional, prison, […]

MPs seek clarity on national anthem

Members of Parliament have sought clarification regarding the history of the National Anthem, “Namibia, Land of the Brave,” particularly on the copyright and the N$2 million token of appreciation. United Democratic Front MP Dudu Murorua posed a question to Prime Minister Saara Kuugongelwa-Amadhila. Landless People’s Movement (LPM) leader Bernardus Swaartboi sought clarity on the $2 […]