Namibia: Govt to Rake in N$100 Million From Erindi Sale

Omuthiya — Through negotiations the government is likely to accrue N$100 million from the sale of Erindi Private Game Reserve if the deal by the Mexican billionaire Alberto Baillẻres is sealed. President Hage Geingob made this announcement during a town hall meeting in Omuthiya yesterday, saying people should stop fighting and criticising the transaction based on ancestral land claims as the sale is for the benefit of the Namibian people.

He said the farm has been up for sale for the last five years but no one was able to buy it locally including the government. Government had offered to purchase the farm for N$265 million but the owners turned down the offer.

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