Home Africa Namibia: Venaani slams commercial banks for profiteering – More Top Stories

Namibia: Venaani slams commercial banks for profiteering – More Top Stories

Namibia: Venaani slams commercial banks for profiteering – More Top Stories

Africa Links 24 with Martin Endjala
Published on 2025-03-14 11:54:47

The leader of the Popular Democratic Movement (PDM), McHenry Venaani, has accused commercial banks of profiteering at the expense of Namibians

“This matter is very serious. Soon we are swearing in new members of parliament. All these young people here are renting. People earning N$40 000 a month are renting because they cannot afford houses,” he said on Friday.

Venaani attributed this to the lack of financing members of parliament and called for urgent action to address banks…

Read the Full article on The Namibian

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