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Debt Swap Opens Land for 6 000 Houses – Windhoek Observer
Summary
Renthia Kaimbi A debt swap agreement between the City of Windhoek and the government will unlock more than 6 000 residential erven in the Khomas region. The deal, approved by Cabinet, converts N$357.8 million of the city’s historical debt into 423 hectares of land. This opens up land for development in Windhoek and surrounding areas. Khomas governor Sam Nujoma Jr welcomed the agreement on Thursday, saying it will help address the shortage of ser…
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