Okahandja Chief Executive Officer, Martha Mutilifa, says that investors are ready to pump millions into the ‘Garden Town’, but the moratorium on land sales and leases, which has been in place since August last year, continues to stall efforts to spark a development boom.
President Hage Geingob has brewed a shocker saying his administration will not expropriate land without compensation, a U-turn from his earlier pronouncement in April last year when he announced that his government was toying with the idea to address the increased demand for land in the country.
The recruitment of a senior NamPower manager into the ranks of a South African based company that has emerged as the frontrunner for a substation tender worth hundreds of millions of dollars has raised suspicions that he may have passed on inside information on the bid, before leaving the parastatal.
Uncertainty surrounding the construction of a new international airport could come back to haunt the country, as it emerged that the existing Hosea Kutako International Airport (HKIA) is inadequate to handle increased air traffic volumes, brought about by overseas airlines flocking into the Land of the Brave.
The Ministry of Works and Transport has been accused of putting itself at the mercy of unscrupulous local middlemen, by stating in a N$1,8 billion railway tender document that the contract will be awarded to a Namibian company, which in all likelihood would have to source the railway tracks from an overseas firm, at a highly inflated price.