Banks pursue N$35.3 million in unpaid loans

November 7, 2026 11

Bad debt remains high and in the motion court sessions today before judges James Devitie and Thomas Masuku, there were 81 applications for default judgements of which banks brought 28. Cumulatively the banks are claiming N$35.3 million in unpaid mortgages and loans, with six of these on Tuesday’s rule 108 session which will be presided over by Judge Gladys Pickering. In Monday’s session, judges Shafimana Ueitele and Deon Obbes will hear 42 undefended divorces.

The post Banks pursue N$35.3 million in unpaid loans appeared first on Future Media News.

Written by: Madeline

Rate it

Luanda projected to become Africa’s largest city by 2050

Angola’s capital, Luanda, is projected to overtake Nigeria’s Lagos as Africa’s largest city by 2050, th its population potentially exceeding 20 million. A new World Bank study forecasts that sub-Saharan Africa will have five megacities by then, as rapid urbanisation drives population growth in cities including Kinshasa, Dar es Salaam […]

November 9, 2026 5

News

SADC health ministers meet in South Africa

South Africa will host the joint meeting of Southern African Development Community Ministers of Health and Ministers responsible for HIV and AIDS in Durban, KwaZulu-Natal, from today until Friday. Health Department spokesperson, Foster Mohale, says the meeting comes at a critical time for the region’s health and development agenda. He […]

November 9, 2026 4