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By Hafeni Kashimbonde Historically, the majority of Namibian state owned enterprises have faced heavy criticism for failing to meet performance targets and acting as financial burdens to the state. Today, Namibia’s state-owned enterprises accumulated a combined total debt of approximately N$11.12 billion and taxpayers remain exposed to a further N$11.8 billion in state-guaranteed debt. This […] The post Breaking the cycle of bailouts: Why Namibia’s public enterprises demand prosecution first appeared on The Brief | Namibia's Leading Business & Financial…
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Upgrade this serverBy Hafeni Kashimbonde Historically, the majority of Namibian state owned enterprises have faced heavy criticism for failing to meet performance targets and acting as financial burdens to the state. Today, Namibia’s state-owned enterprises accumulated a combined total debt of approximately N$11.12 billion and taxpayers remain exposed to a further N$11.8 billion in state-guaranteed debt. This […] The post Breaking the cycle of bailouts: Why Namibia’s public enterprises demand prosecution first appeared on The Brief | Namibia's Leading Business & Financial News .
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