Namibia: Agriculture Ministry to Up Loans to Resettled Farmers to N$500 000

The Ministry of Agriculture, Water and Land Reform is discussing raising the initial loan amount for resettlement farmers from N$200 000 to N$500 000 with the Agricultural Bank of Namibia (Agribank).

This was revealed by deputy minister Anna Shiweda in the National Assembly recently, while responding to questions by the Rally for Democracy and Progress.

Lawmaker Kennedy Shekupakela and Landless People’s Movement chief whip Utaara Mootu questioned the minister about the strategies in place to…