{"id":197216,"date":"2025-05-01T23:48:17","date_gmt":"2025-05-01T21:48:17","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/namibia\/namibia-govt-moves-to-clear-meatcos-n212-million-dbn-debt\/"},"modified":"2025-05-01T23:48:17","modified_gmt":"2025-05-01T21:48:17","slug":"namibia-govt-moves-to-clear-meatcos-n212-million-dbn-debt","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/namibia\/namibia-govt-moves-to-clear-meatcos-n212-million-dbn-debt\/","title":{"rendered":"Namibia: Govt Moves to Clear Meatco&#8217;s N$212-Million DBN Debt"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"44\"><em>The Ministry of Finance and Social Grants Management has proposed an allocation of N$212 million in the 2025\/26 financial year to settle the Meat Corporation of Namibia&#8217;s (Meatco) outstanding loan with the Development Bank of Namibia (DBN) and to enhance the corporation&#8217;s operational liquidity.<\/em><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"20\">Finance minister Ericah Shafudah, presenting the budget motivation in parliament, said the funding is aimed at stabilising Meatco&#8217;s financial position.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"18\">&#8220;The allocation is intended to fully settle Meatco&#8217;s&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202505010382.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Namibia\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/namibia\/\">Namibia<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The Ministry of Finance and Social Grants Management has proposed an allocation of N$212 million in the 2025\/26 financial year to settle the Meat Corporation of Namibia&#8217;s (Meatco) outstanding loan with the Development Bank of Namibia (DBN) and to enhance the corporation&#8217;s operational liquidity. Finance minister Ericah Shafudah, presenting the budget motivation in parliament, said [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":197217,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","fifu_image_alt":"","footnotes":""},"categories":[723],"tags":[258,256,11304,16094,6861,4357,25272,6858,51263,4706,724,257,254],"class_list":["post-197216","post","type-post","status-publish","format-standard","has-post-thumbnail","category-namibia","tag-africa","tag-africa-news","tag-clear","tag-dbn","tag-debt","tag-govt","tag-meatcos","tag-moves","tag-n212million","tag-namibia","tag-namibia-news","tag-news","tag-south-africa-today"],"fifu_image_url":"https:\/\/cdn.allafrica.com\/static\/images\/structure\/aa-logo-rgba-no-text-square.png","_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/197216","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=197216"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/197216\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/197217"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=197216"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=197216"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=197216"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}