Namibia: Swakop Drafts N$650 Million Budget and Zero Tariff Hike

The Swakopmund municipality tabled a N$650 million budget for the current financial year, N$196 million capital and N$454 million operational, with no increase in tariffs.

Erkkie Shitana, chairman of the Swakopmund municipal council management committee on Thursday said the council understands the current economic circumstances – hence the decision not to increase tariffs.

Assessment rates payable for improved properties and site values will only be considered after the general valuation roll for…

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