{"id":23840,"date":"2022-07-02T14:27:09","date_gmt":"2022-07-02T14:27:09","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million"},"modified":"2022-07-02T14:39:47","modified_gmt":"2022-07-02T14:39:47","slug":"katima-appoints-redforce-to-recover-n148-million","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million","title":{"rendered":"Katima appoints RedForce to recover N$148 million"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>FOR the next five years, residents and businesses owing the Katima Mulilo Town Council will be paying through RedForce Debt Management CC starting today.<\/b><\/p>\n

The council is owed over N$148 million in arrears. The town’s chief executive officer, Raphael Liswaniso, on Wednesday confirmed the appointment of RedForce, saying the council resorted to the debt collector as its clients were not honouring their monthly payments.<\/p>\n

He added that they have been patient for too long, as the debts have been accumulating since 2001.<\/p>\n

\u201cOur duty is to collect revenue from those who owe us. We have tried to get them to pay their debts and were not even charging them the 12% interest on the arrears, but they have failed. These outstanding debts are affecting our operational budget, as we cannot implement development projects around the town,\u201d he said.<\/p>\n

According to Liswaniso, residents owe the council NS$103 million for services, and N$45 million for land.<\/p>\n

He added that out of the total N$148 million arrears, businesses and government institutions account for about N$20 million.<\/p>\n

\u201cThey need to pay their debts now before they are enlisted, because RedForce will enforce the interest rate. If they fail, there will be serious consequences such as the repossession of property,\u201d he stressed.<\/p>\n

Liswaniso explained that Katima Mulilo is under-developed and the government only provided about N$1,8 million for capital projects in town this financial year. Therefore, the council needs to recover the money the residents owe to help kick-start development projects.<\/p>\n

Should the council manage to recoup what it is owed, it can venture into businesses to increase revenue, he added.<\/p>\n

\u201cThe money we are owed will not solve our current issues, but it can generate money for us to fund what we need to do,\u201d he said.<\/p>\n

Liswaniso said the council needs over N$730 million to implement development projects within the town, including upgrading the town’s roads. For the sewerage system in Ngweze, New Look, Soweto and Boma locations, the council needs N$257 million, and for standard water infrastructure it needs N$60 million.<\/p>\n

\u201cWe are planning to upgrade the Lifasi road to a dual lane road on both sides, but we only have N$3,9 million, which is not enough because we need N$ 11 million for that project,\u201d he said.<\/p>\n

For More News And Analysis About Namibia<\/a> Follow Africa-Press<\/a><\/strong><\/p>\n","protected":false},"excerpt":{"rendered":"

Africa-Press – Namibia. FOR the next five years, residents and businesses owing the Katima Mulilo Town Council will be paying through RedForce Debt Management CC starting today. The council is owed over N$148 million in arrears. The town’s chief executive officer, Raphael Liswaniso, on Wednesday confirmed the appointment of RedForce, saying the council resorted to […]<\/p>\n","protected":false},"author":84,"featured_media":23839,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,5,8,16],"tags":[234,236,233],"class_list":["post-23840","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-economy","category-homepage-english","category-twitter","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nKatima appoints RedForce to recover N$148 million - Namibia<\/title>\n<meta name=\"description\" content=\"FOR the next five years, residents and businesses owing the Katima Mulilo Town Council will be paying through RedForc ...\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link rel=\"canonical\" href=\"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Katima appoints RedForce to recover N$148 million\" \/>\n<meta property=\"og:description\" content=\"FOR the next five years, residents and businesses owing the Katima Mulilo Town Council will be paying through RedForc ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million\" \/>\n<meta property=\"og:site_name\" content=\"Namibia\" \/>\n<meta property=\"article:publisher\" content=\"https:\/\/www.facebook.com\/AfricaPressTunisiaa\" \/>\n<meta property=\"article:published_time\" content=\"2022-07-02T14:27:09+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2022-07-02T14:39:47+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/07\/postQueueImg_4-62c0589d1a968.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"750\" \/>\n\t<meta property=\"og:image:height\" content=\"562\" \/>\n\t<meta property=\"og:image:type\" content=\"image\/jpeg\" \/>\n<meta name=\"author\" content=\"cfeditoren\" \/>\n<meta name=\"twitter:card\" content=\"summary_large_image\" \/>\n<meta name=\"twitter:label1\" content=\"Written by\" \/>\n\t<meta name=\"twitter:data1\" content=\"cfeditoren\" \/>\n\t<meta name=\"twitter:label2\" content=\"Est. reading time\" \/>\n\t<meta name=\"twitter:data2\" content=\"2 minutes\" \/>\n<script type=\"application\/ld+json\" class=\"yoast-schema-graph\">{\"@context\":\"https:\/\/schema.org\",\"@graph\":[{\"@type\":\"Article\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Katima appoints RedForce to recover N$148 million\",\"datePublished\":\"2022-07-02T14:27:09+00:00\",\"dateModified\":\"2022-07-02T14:39:47+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million\"},\"wordCount\":394,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2022\/07\/postQueueImg_4-62c0589d1a968.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"economy\",\"homepage-english\",\"twitter\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/katima-appoints-redforce-to-recover-n148-million\",\"name\":\"Katima appoints RedForce to recover N$148 million - 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