TransNamib Non-core Unencumbered Properties

TransNamib - Cabinet has approved the leveraging and sale of TransNamib's non-core unencumbered properties to generate funds for the operational and capital expenditure plan. Cabinet has also directed that first priority should be given to State-Owned Enterprises (SOE’s) when TransNamib sells off its non-core properties. The railway operator’s portfolio of properties in the country has been valued at N$2.4 billion as at 31 March 2018. The next step in the process is to evaluate all the register

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