Govt pays N$100m for Swakop hotel

After TransNamib rejected Cabinet’s directive to sell its stake for a mere N$5 million, government has now decided to pay out the hotel’s foreign shareholder.
Cindy Van Wyk
  • 3 Year Ago - 2021-08-03 00:00:00
OGONE TLHAGE WINDHOEKCabinet has approved a N$100 million purchase of the foreign-owned stake in Swakopmund Hotel and Entertainment Centre, after months of protracted ne
...

Comments

Namibian Sun 2025-01-31

No comments have been left on this article

Please login to leave a comment

Please note: To read the article, please enter your details below. You will not need to register again for future visits. Access Before 12:00am - If you are a paid up subscriber kindly confirm your log-in details or enter the unique readers access-code printed on the front page of your preferred newspaper Republikein, Namibian Sun or Allgemeine Zeitung.

Register to unlock articles

Register

Please log into our account

Login
Newspaper Code
Katima Mulilo: 19° | 35° Rundu: 19° | 35° Eenhana: 21° | 35° Oshakati: 23° | 33° Ruacana: 18° | 36° Tsumeb: 20° | 34° Otjiwarongo: 19° | 34° Omaruru: 20° | 36° Windhoek: 20° | 34° Gobabis: 21° | 36° Henties Bay: 18° | 21° Swakopmund: 17° | 18° Walvis Bay: 17° | 22° Rehoboth: 21° | 36° Mariental: 24° | 37° Keetmanshoop: 20° | 35° Aranos: 24° | 39° Lüderitz: 15° | 24° Ariamsvlei: 21° | 36° Oranjemund: 14° | 22° Luanda: 26° | 27° Gaborone: 26° | 38° Lubumbashi: 16° | 24° Mbabane: 19° | 25° Maseru: 18° | 35° Antananarivo: 18° | 31° Lilongwe: 18° | 26° Maputo: 24° | 31° Windhoek: 20° | 34° Cape Town: 18° | 24° Durban: 22° | 26° Johannesburg: 22° | 32° Dar es Salaam: 26° | 31° Lusaka: 18° | 25° Harare: 17° | 30° Currency: GBP to NAD 22.92 | EUR to NAD 19.09 | CNY to NAD 2.5 | USD to NAD 18.09 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3 | RUB to NAD 0.17 | INR to NAD 0.21 | USD to DZD 132.89 | USD to AOA 910.98 | USD to BWP 13.67 | USD to EGP 49.54 | USD to KES 129.61 | USD to NGN 1678.72 | USD to ZAR 18.09 | USD to ZMW 26.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 85685.49 Up +0.43% | Namibian Stock Exchange (NSX) Overall Index 1773.44 Down -0.11% | Casablanca Stock Exchange (CSE) MASI 16344.54 Up +1.48% | Egyptian Exchange (EGX) 30 Index 30010.62 Up +0.40% | Botswana Stock Exchange (BSE) DCI 10075.28 Up +0.02% | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 794.18/OZ DOWN -0.0008 | Copper US$ 4.27/lb DOWN -0.0057 | Zinc US$ 2 784.00/T DOWN -0.57% | Brent Crude Oil US$ 76.62/BBP DOWN -0.002 | Platinum US$ 1 015.60/OZ DOWN -0.0025 Sport results: Weather: Katima Mulilo: 19° | 35° Rundu: 19° | 35° Eenhana: 21° | 35° Oshakati: 23° | 33° Ruacana: 18° | 36° Tsumeb: 20° | 34° Otjiwarongo: 19° | 34° Omaruru: 20° | 36° Windhoek: 20° | 34° Gobabis: 21° | 36° Henties Bay: 18° | 21° Swakopmund: 17° | 18° Walvis Bay: 17° | 22° Rehoboth: 21° | 36° Mariental: 24° | 37° Keetmanshoop: 20° | 35° Aranos: 24° | 39° Lüderitz: 15° | 24° Ariamsvlei: 21° | 36° Oranjemund: 14° | 22° Luanda: 26° | 27° Gaborone: 26° | 38° Lubumbashi: 16° | 24° Mbabane: 19° | 25° Maseru: 18° | 35° Antananarivo: 18° | 31° Lilongwe: 18° | 26° Maputo: 24° | 31° Windhoek: 20° | 34° Cape Town: 18° | 24° Durban: 22° | 26° Johannesburg: 22° | 32° Dar es Salaam: 26° | 31° Lusaka: 18° | 25° Harare: 17° | 30° Economic Indicators: Currency: GBP to NAD 22.92 | EUR to NAD 19.09 | CNY to NAD 2.5 | USD to NAD 18.09 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3 | RUB to NAD 0.17 | INR to NAD 0.21 | USD to DZD 132.89 | USD to AOA 910.98 | USD to BWP 13.67 | USD to EGP 49.54 | USD to KES 129.61 | USD to NGN 1678.72 | USD to ZAR 18.09 | USD to ZMW 26.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 85685.49 Up +0.43% | Namibian Stock Exchange (NSX) Overall Index 1773.44 Down -0.11% | Casablanca Stock Exchange (CSE) MASI 16344.54 Up +1.48% | Egyptian Exchange (EGX) 30 Index 30010.62 Up +0.40% | Botswana Stock Exchange (BSE) DCI 10075.28 Up +0.02% | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 794.18/OZ DOWN -0.0008 | Copper US$ 4.27/lb DOWN -0.0057 | Zinc US$ 2 784.00/T DOWN -0.57% | Brent Crude Oil US$ 76.62/BBP DOWN -0.002 | Platinum US$ 1 015.60/OZ DOWN -0.0025


myna Logo Continue With MyNa
Credentials are incorrect, please try again!