US EditionDeceased mechanic owes Nida N$7m as eviction saga drags on since 2015
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Deceased mechanic owes Nida N$7m as eviction saga drags on since 2015
The Namibia Industrial Development Agency (Nida) has lost N$7 million in unpaid rent after years of delays in evicting a tenant from a Windhoek property. The state-owned agency has failed to collect rent from the tenant, a businessman, since 2015. Nida, previously known as the Namibia Development Corporation (NDC), recorded a loss of N$102 million in 2024. An investigation by The Namibian found that the involved property, measuring 1 425 square …
·Windhoek, Namibia
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