Tag: farming debt
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Namibia Farm Auctions: Halt Repossession to Stop Debt Traps
Calls to Pause Farm Repossessions Grow as Debt Traps Threaten Namibian Farmers The Previously Disadvantaged Namibian Farmers’ Union (PDNFU) is stepping up pressure on Agribank of Namibia, calling for an immediate halt to all farm repossessions and auctions. The group argues that aggressive debt collection practices, paired with the country’s ongoing land reform agenda, are…
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Namibia: PDNFU Urges Agribank to Stop Farm Auctions Amid Debt Traps in Land Reform
Background: Debt, Land Reform, and the Call for a Moratorium The Previously Disadvantaged Namibian Farmers’ Union (PDNFU) has stepped into a rising controversy surrounding the financial pressures on smallholder farmers. In a move aimed at protecting vulnerable members, the union urged Agribank of Namibia to halt all farm repossessions and public auctions tied to distressed…