Namibia: Paragon, Windhoek Clash Over Plot

THE Windhoek municipality has rejected an application by Paragon Investment Holdings to buy a plot in the centre of town without a clause which would make them to provide temporary office accommodation.

Paragon, owned by businessmen Desmond Amunyela and Lazarus Jacobs, wants to buy the plot measuring about 800 square metres situated close to Wine Bar in Garten Street to build a Paragon Plaza at an estimated cost of N$200 million.

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