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Namibia: Parliamentarians call for communal leaseholds to qualify for bank loans – News

Namibia: Parliamentarians call for communal leaseholds to qualify for bank loans – News

Africa Links 24 with Martin Endjala
Published on 2025-10-02 07:52:33

Some National Assembly members want leaseholds in communal areas to be bankable, as the current law only permits it in commercial areas.

This comes after former finance minister Iipumbu Shiimi said one of the flagged issues in the long-awaited land bill at the 2018 land conference was the bankability of leaseholds in communal areas.

Shiimi was addressing the land bill in parliament on Wednesday, which also seeks to prohibit the acquisition of land by foreigners.

“People felt that…

Read the Full article on The Namibian

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