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Namibia: Govt owns 9 600 properties worth N$47.4 billion – Africa Links 24

Namibia: Govt owns 9 600 properties worth N.4 billion – Africa Links 24

Africa Links 24 with The Brief
Published on 2025-10-24 17:54:49

The Namibian government’s current immovable assets are valued at N$47.4 billion, comprising about 9 640 individual properties, according to works and transport minister Veikko Nekundi.

Responding to parliamentary questions from McHenry Venaani, Nekundi said the government’s asset register remains a “living document,” reflecting the continuous acquisition and disposal of properties based on public service needs.

“In brief, the total value of immovable assets recorded thus far…

Read the Full article on The Namibian

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