Namibia: Government Records Immovable Assets Valued At N$47.4 Billion

Works and transport minister Veikko Nekundi says the government has recorded immovable assets valued at N$47.4 billion, comprising approximately 9 640 individual assets.

He made the announcement on Thursday during the National Assembly in response to a query from Popular Democratic Movement president McHenry Venaani.

“Government assets are not static museum pieces, they constitute a dynamic portfolio and assets are continuously being acquired to meet emerging service delivery needs, while others…