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Namibia: Controversial lease deal: Govt pays N$11 million for unused office – News

Namibia: Controversial lease deal: Govt pays N million for unused office – News

Africa Links 24 with Timo Shihepo
Published on 2025-01-29 17:00:00

The government has spent around N$11 million over the past 10 months to rent an office building in Windhoek without using it.

The building is owned by Erastus ‘Chicco’ Shapumba, a businessman who has profited from controversial state-backed lease agreements.

Information seen by The Namibian shows that the government entered into an agreement with Shapumba, starting in April 2024, for the rental of Shapumba’s olive-green building situated across NamPost in the city centre.

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