11
Jun
Lazarus Kwedhi Prime Minister Elijah Ngurare’s recent call for “humanity over profit” in housing loan repayments has struck a nerve. Many Namibians are struggling with repossessions, arrears, and the fear of losing homes they have spent decades paying for. The Prime Minister deserves credit for raising the issue and forcing it back onto the national agenda. But good intentions or political speeches do not guarantee good policy, in this case, if the diagnosis is wrong, which means the cure will not work. The Prime Minister's central complaint is that banks offer 20-year home loans while cars are financed over five…
