Metcalfe Beukes Attorneys calls BoN to intervene in how banks deal with defaulting home loans

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Metcalfe Beukes Attorneys is calling on the Bank of Namibia (BoN) to intervene in how commercial banks deal with defaulting home loan holders.

In a letter directed to the Governor of the Central Bank, Attorney Richard Metcalfe accused commercial banks of economically enslaving defaulters and ignoring relief measures provided for by the Bank of Namibia.

In a five-page letter written on behalf of numerous home loan holders, the firm says homeowners are forced to default due to economic circumstances such as the COVID-19 pandemic.

BoN called to intervene in how commercial banks deal with defaulting home loan holders

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Metcalfe Beukes Attorneys is calling on the Bank of Namibia (BoN) to intervene in how commercial banks deal with defaulting home loan holders.

In a letter directed to the Governor of the Central Bank, Attorney Richard Metcalfe accused commercial banks of economically enslaving defaulters and ignoring relief measures provided for by the Bank of Namibia.

In a five-page letter written on behalf of numerous home loan holders, the firm says homeowners are forced to default due to economic circumstances such as the COVID-19 pandemic.

Nyemba-speaking community call for an investigation into alleged tribal discrimination

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The Nyemba-speaking people in Namibia are calling for an investigation into alleged tribal discrimination against their community.

In a petition, the group also dismissed accusations that they sought recognition as a tribal authority.

The group staged a demonstration at Rundu, handing over a petition to the Chairperson of the Kavango East Regional Council for the attention of President Hage Geingob.