{"id":62002,"date":"2024-01-25T17:36:28","date_gmt":"2024-01-25T17:36:28","guid":{"rendered":"https:\/\/www.africa-press.net\/namibia\/all-news\/ondangwas-debt-incentives-relief-to-many"},"modified":"2024-01-25T18:21:31","modified_gmt":"2024-01-25T18:21:31","slug":"ondangwas-debt-incentives-relief-to-many","status":"publish","type":"post","link":"https:\/\/www.africa-press.net\/namibia\/all-news\/ondangwas-debt-incentives-relief-to-many","title":{"rendered":"Ondangwa\u2019s debt incentives relief to many"},"content":{"rendered":"

Africa-Press – Namibia. <\/strong><\/span>The Ondangwa Town Council\u2019s resolution to waive full interest (100%) on all accounts with debts for consumers who can settle their debts within a period of 12 months, has seen many people benefitting.<\/p>\n

That decision was taken during the council\u2019s ordinary meeting last year, and 213 account holders smiled because of this initiative as N$665 146.46 interest has been written off for a period of three months so far.<\/p>\n

The town\u2019s spokesperson Petrina Shitalangaho said the council\u2019s debts have increased rapidly due to the economic downturn, coupled with the severe effects of Covid-19.<\/p>\n

\u201cCouncil has taken note that some residents had lost their employment and income. Businesses had also closed or retrenched some of their employees, limiting households\u2019 disposable incomes and purchasing power, and in return the residents\u2019 ability to pay their municipal services in full,\u201d she observed.<\/p>\n

Shitalangaho said the programme is still running and applicable to all account holders classified as domestic (residential), commercial business and industrial, non-profit organisations, community-based organisations, churches and private institutions.<\/p>\n

However, it is not applicable to government offices, ministries and agencies, including state-owned enterprises.<\/p>\n

\u201cOur wish is that our residents and account holders take this initiative seriously, and try and settle their principal debts within the stipulated time in order to benefit,\u201d she added.<\/p>\n

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

Africa-Press – Namibia. The Ondangwa Town Council\u2019s resolution to waive full interest (100%) on all accounts with debts for consumers who can settle their debts within a period of 12 months, has seen many people benefitting. That decision was taken during the council\u2019s ordinary meeting last year, and 213 account holders smiled because of this […]<\/p>\n","protected":false},"author":84,"featured_media":62000,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2,12],"tags":[234,236,233],"class_list":["post-62002","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-all-news","category-policy","tag-africa-press","tag-africa-press-namibia","tag-namibia"],"yoast_head":"\nOndangwa\u2019s debt incentives relief to many - Namibia<\/title>\n<meta name=\"description\" content=\"The Ondangwa Town Council\u2019s resolution to waive full interest (100%) on all accounts with debts for consumers who can se ...\" \/>\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\/ondangwas-debt-incentives-relief-to-many\" \/>\n<meta property=\"og:locale\" content=\"en_US\" \/>\n<meta property=\"og:type\" content=\"article\" \/>\n<meta property=\"og:title\" content=\"Ondangwa\u2019s debt incentives relief to many\" \/>\n<meta property=\"og:description\" content=\"The Ondangwa Town Council\u2019s resolution to waive full interest (100%) on all accounts with debts for consumers who can se ...\" \/>\n<meta property=\"og:url\" content=\"https:\/\/www.africa-press.net\/namibia\/all-news\/ondangwas-debt-incentives-relief-to-many\" \/>\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=\"2024-01-25T17:36:28+00:00\" \/>\n<meta property=\"article:modified_time\" content=\"2024-01-25T18:21:31+00:00\" \/>\n<meta property=\"og:image\" content=\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1706194173.575645.jpg\" \/>\n\t<meta property=\"og:image:width\" content=\"720\" \/>\n\t<meta property=\"og:image:height\" content=\"457\" \/>\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=\"1 minute\" \/>\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\/ondangwas-debt-incentives-relief-to-many#article\",\"isPartOf\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/ondangwas-debt-incentives-relief-to-many\"},\"author\":{\"name\":\"cfeditoren\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/#\/schema\/person\/068c7ab4e9634ae78ec5d54ec46598bb\"},\"headline\":\"Ondangwa\u2019s debt incentives relief to many\",\"datePublished\":\"2024-01-25T17:36:28+00:00\",\"dateModified\":\"2024-01-25T18:21:31+00:00\",\"mainEntityOfPage\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/ondangwas-debt-incentives-relief-to-many\"},\"wordCount\":230,\"commentCount\":0,\"image\":{\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/ondangwas-debt-incentives-relief-to-many#primaryimage\"},\"thumbnailUrl\":\"https:\/\/static.africa-press.net\/nambia\/sites\/29\/2024\/01\/sm_1706194173.575645.jpg\",\"keywords\":[\"africa press\",\"Africa Press-Namibia\",\"namibia\"],\"articleSection\":[\"all news\",\"policy\"],\"inLanguage\":\"en-US\",\"potentialAction\":[{\"@type\":\"CommentAction\",\"name\":\"Comment\",\"target\":[\"https:\/\/www.africa-press.net\/namibia\/all-news\/ondangwas-debt-incentives-relief-to-many#respond\"]}]},{\"@type\":\"WebPage\",\"@id\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/ondangwas-debt-incentives-relief-to-many\",\"url\":\"https:\/\/www.africa-press.net\/namibia\/all-news\/ondangwas-debt-incentives-relief-to-many\",\"name\":\"Ondangwa\u2019s debt incentives relief to many - 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