28
Feb
Niël Terblanché The City of Windhoek (CoW) has announced a series of strategic measures that have led to a marked improvement in the municipality’s fiscal health over the last two financial years in a significant turnaround from previous financial challenges. According to a statement by the CoW, the key that was central to this success has been the containment of over-expenditure, with amongst others, a freeze on salary increases since 2020. To address financial inefficiencies, the CoW has embarked on a rigorous cost-cutting initiative that has substantially enhanced the municipality’s liquidity. The statement indicated that fiscal prudence has been accompanied…