Namibia’s first Bloomberg Finance Lab, based at Namibia University of Science and Technology (NUST), is set to expand beyond university education and into secondary schools across the country. The initiative will introduce Bloomberg-backed financial education programmes to learners from Grade 8 to 12, giving students earlier access to training in financial literacy, economics, and investment-related education.
Auditors could soon be legally required to report fraud, theft and other serious financial misconduct uncovered during their work under a proposed law that would overhaul Namibia's accounting and auditing professions for the first time since Independence.
https://t.co/5k5vYgqPG0
This was him praising ronaldo before the match. y’all are spinning the narrative because he did his analysis and it didn’t go your way. Ronaldo fans man
Really good analysis from Henry. This is the Ronaldo issue right now.
He's playing as a 9, but he's never been a 9 and he's not acting as a 9. Not giving Portugal those traits and it hurt them today.
This article will rub heads the wrong way because we're emotional about the prices, but it's an objective article that does not only warn about the dangers, but also proposes a solution.
The problem is not the loan repayment period. It's Affordability. 20 years is a symptom that banks introduced as a "solution" to cover the evidence of the affordability crisis. You'd see that recently they have extended it to 30. That's because they've seen that even with 20 years, affordability is still an issue. They don't wanna solve the problem because they benefit from it.
But the catch in the Article is in these 2 paragraphs:
"Jansen said Ngurare had raised a legitimate concern about housing affordability but warned that reducing mortgage terms alone would not necessarily make homeownership more accessible."
"If repayment periods were capped at 15 years without a corresponding decline in interest rates or increase in household incomes, the immediate effect would be to raise monthly instalments beyond the reach of many prospective buyers"
"A CORRESPONDING DECLINE IN INTEREST RATES"
That's your solution. Interest rates is the animal that is killing the people.
The Rents Ordinance 13 of 1977 that is purposely paralysed, the same policy that supposed to govern Rent Control Boards says the interest on mortgage should be 7.5%.
Those are the areas to interrogate.
🏆 Referee announced for 2026 #SuperCup!
We're pleased to share that Somali referee Omar Artan will officiate the highly anticipated match between PSG and Aston Villa in Salzburg.
Prime Minister Elijah Ngurare has called for urgent reforms to Namibia's housing finance system, arguing that current lending models are making homeownership increasingly unaffordable for many young Namibians.
Ngurare expressed concern over the widening gap between property prices and the ability of ordinary citizens to purchase homes.
He questioned why vehicles worth millions of dollars can be financed over relatively short periods, while houses of similar or lower value often require repayment periods of up to 20 years.
The Prime Minister said many young professionals struggle to understand the rationale behind the current financing structure.
"I am speaking from a generation that you all know very well, the young professionals out there who are saying it does not mathematically add up. A car costing N$2 million can be paid off in five or six years, but a house valued at N$800,000 can take 20 years to repay. No matter the English we use, it is very difficult to convince those who are saying it is not fair," he said.
https://t.co/ZuEfahD7ns #namibia #lendingmodels #homeownership #housing @ngurare@NamibiaOPM@CIFNamib@BankofNamibia@FinanceNamibia@NamPresidency