Landless People's Movement (LPM) leader Bernadus Swartbooi criticised government's handling of public debt, declining diamond revenues and the future of the green hydrogen and oil industries, warning that poor management could undermine future economic opportunities.
Affirmative Repositioning MP George Kambala has emphasised that Namibia cannot borrow its way to prosperity if it fails to invest in productivity.
Namibia's domestic borrowing strategy has come under scrutiny, with experts questioning whether it is a sustainable way to manage the country's debt.
Namibia is facing a growing public debt with levels projected to exceed N$168 billion, surpassing 70% of its Gross Domestic Product.
Finance Minister Ericah Shafudah has said the 2025-26 financial year is anticipated to be an eventful year from a financing perspective.
Shafudah pointed out that the government is faced with the redemption of a US$750 million Eurobond on 29 October this year.
People from various church denominations gathered at the Hosianna Evangelical Lutheran Parish in Kuisebmond, Walvis Bay, on Sunday to honour the late Founding President Sam Nujoma.
Prayers and hymns set the tone as those in attendance paid homage to the leader of the People's Liberation Army of Namibia.
Churches and civil society organisations have commended the Namibian government for progress made in the housing area, though there are still other critical areas that need redressing, including the pension scheme of the Social Security Commission.
