Govt owes NCCI members N$500 million

The Namibia Chamber of Commerce and Industry (NCCI) has claimed that its members are owed in excess of N$500 million by Government in unpaid invoices for services rendered or goods supplied.

NCCI Chief Executive Officer, Tarah Shaanika, this week appealed to the Government to prioritise the payment of all outstanding debt owed to businesses or risk company closures and further job losses. Shaanika claimed that some of their members were either being liquidated or were at risk of being liquidated because of Government’s delay in payment, while some members were finding it difficult to continue operating at the same level as before because of Government’s budget cuts.

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