24
Feb
Justicia Shipena Urban and rural development minister James Sankwasa says a fine of N$200 under the Rent Ordinance of 1977 no longer meet the realities of today’s property market. Sankwasa said the penalties were set for a different time and must now be reviewed as part of efforts to modernise Namibia’s rental laws. “As I indicated in my previous responses, we are seized with drafting a new bill that speaks to today’s rental markets. That means matters such as N$200 fines were ideal for the property market of that time,” Sankwasa told Parliament on Thursday. He said the value of…
