Old Mutual to invest N$100m in land

OLD Mutual Namibia plans to invest N$100 million in a land delivery initiative. The company will use the money to service land for building houses and help ease the backlog of about 100,000 to 300,000 housing units.
Managing Director of Old Mutual Africa Operations Johannes !Gawaxab announced the initiative on Thursday when he said the company had already held discussions with a number of local authorities about the initiative.

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