Home Africa Namibia: RedForce to collect N$48m for TransNamib – News

Namibia: RedForce to collect N$48m for TransNamib – News

Namibia: RedForce to collect Nm for TransNamib – News

Africa Links 24 with Timo Shihepo
Published on 2025-04-10 17:00:00

Transnamib acting chief finance executive Monde Inambao-Samwele says RedForce Debt Management has been appointed to collect N$48 million owed to the national railway company.

This follows criticism that the state-owned railway operator allegedly hand-picked RedForce to collect up to N$100 million in arrears, bypassing open tender procedures.

Industry players claim the 12-month contract, effective from 1 April, should have been subjected to open bidding due to its value exceeding the…

Read the Full article on The Namibian

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