Windhoek is the capital city of Namibia. Currently, most of the African capital cities are upgrading to provide its residents with the right house by proper planning and making sure that the engineering standards are attained. The working of any government is seen by the housing standards it provides to the citizens. In Namibian capital, 40% of the residents live in houses of low standards. The weak...
Only those who can afford to buy are allowed to urban land. Urban land is for sale and if the poor cannot afford to buy it, then they should stay on communal land instead of grabbing land. These were words said by Raphael Liswaniso, Katima Mulilo chief executive officer. His words came after the town council and the police demolished about 100 illegal structures last Thursday at the Lwanyanda compound...
The Namibian housing market is continuing to suffering due to pressure on disposable income and to macroeconomic pressures. Last year the economy fell to a lowly 1.1 per cent GDP and the housing market price growth decelerate to 6.4 per cent in June. Josephat Nambashu from FNB is releasing the news while pointing out a very noticeable decline from the 11.6 per cent annual price growth recorded on the...
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