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Nov
Martin Endjala In October, both Windhoek and Swakopmund municipalities approved a combined total of 268 building plans, with a prospective development value of N$333.2 million. This represents a 7.6 percent month-on-month decrease and a 19 percent year-on-year decline in approvals, while completed projects for the month reached 180. Simonis Storm Securities Economist, Halleluya Ndimulunde provided insights into the building statistics, highlighting that during October, the City of Windhoek approved 197 building plans, up by 22 from September, marking a monthly growth rate of 12.6 percent. This, however, also reflected a 29.6 percent decrease compared to October 2022. The total value…