Raphael Liswaniso

Katima ropes in “Redforce” to recoup N$145 million debt

Katima ropes in “Redforce” to recoup N$145 million debt

Obrein Simasiku The Katima Mulilo Town Council has enlisted the services of Redforce Debt Collection to assist in collecting the soaring N$145 million debt owed to it by the residents in water, land, rates and taxes. Redforce is contracted for five years and is expected to recover 100 percent outstanding debt. Approximately 80 percent of residents are defaulters, out of a total of 7200 ratepayers inclusive of residential and businesses. "At the moment we do not have a definite number of indebted households as we are still busy sorting and enlisting them, but certainly they are over 3000. This includes…
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