₦airaland Forum

Thousands of Namibians troops will be sent
on leave next month because the army has
run out of money to feed them or to pay
water and electricity bills at seven military
bases, the privately owned Namibian
newspaper reports.

Soldiers who are currently on holiday have
been told not to report for duty, it adds.
The defence ministry had been hit by a
financial crisis after its budget was slashed
as the government tries to rein in
expenditure.


It has also led to President Hage Geingob
banning public officials from all foreign
business travel.

"No request for outbound travel by
ministers, deputy ministers and other
political office bearers will be considered
until after the end of February," a
presidency statement said.


Presidential jet
Mr Geingob has stopped using the
presidential jet, and flew to the recent
African Union summit in Ethiopia in a
scheduled commercial flight.


Mr Geingob would only go on essential
foreign trips, and with smaller delegations,
his spokesman Albertus Aochamub said,
AFP news agency reports.


Government debt levels have been soaring
in recent years, leading to investor
warnings about the economic outlook of the
southern African state.
Moody's rating agency downgraded its debt
to junk status in August.


https://www.businessdailyafrica.com/news/Namibia-runs-out-of-money-/539546-4287176-bcfsmwz/index.html

signs of a shithole country

Rikidony:
signs of a shithole country

look at ur signature it task not tax

Namibia has one of the biggest land mass in Africa, with few population.I don't understand why they can't invest massively in agriculture