Home Africa Namibia: Windhoek council grants Rani Group use of Ramatex at N$100 000...

Namibia: Windhoek council grants Rani Group use of Ramatex at N$100 000 monthly rent – News

Namibia: Windhoek council grants Rani Group use of Ramatex at N0 000 monthly rent – News

Africa Links 24 with Martin Endjala
Published on 2025-09-12 19:22:38

THE Windhoek Municipal has, in principle, approved a N$100 000 monthly lease for Grow More Investments CC, a Rani Group International subsidiary, to rent portions (7) and (8) of Farm 466 (Ramatex Textile Namibia) at Otjomuise.

The decision was made at the council’s ordinary meeting on Tuesday.

Rani intends to use the portions for logistics operations and manufacturing purposes over a period of 25 years.

The two portions measure approximately 41 258 and 42 306 square metres,…

Read the Full article on The Namibian

Exit mobile version