Namibia: Government Moves to Cancel N$1.1m Monthly Lease for Unoccupied Chicco Building

Businessman Erastus ‘Chicco’ Shapumba says he did not draft the lease agreement for his building, which the government allegedly rents for N$1.1 million per month without occupying it.

This comes as the Ministry of Works and Transport told The Namibian on Wednesday that it plans to cancel the lease agreement with Shapumba.

Earlier reporting by The Namibian says the lease agreement was signed in December 2023 and was expected to run for three years.

Shapumba has defended himself, saying he was not…