11
May
Allexer Namundjembo The recent announcement by the City of Windhoek (CoW) that its debt has been reduced from N$888 million to N$869 million has sparked criticism from residents, who say the municipality spends more money on salaries while service delivery remains poor. The reduction means CoW has lowered its debt by N$19 million, with N$869 million still outstanding. Windhoek mayor Sackaria Uunona announced the figures on Thursday during an ordinary council meeting. “These figures demonstrate gradual but meaningful progress in strengthening financial discipline, improving revenue management and restoring the municipality’s fiscal sustainability,” Uunona said. Reacting to the announcement, Windhoek resident…
