25
Aug
Tujoromajo Kasuto TRANSNAMIB Holdings is auctioning off its non-core properties in nine towns across the country from its properties portfolio valued at N$2,4 billion. According to Abigail Raubenheimer, the railway company’s Corporate Communications Officer, the properties being auctioned are part of their commercial non-core properties that were approved for sale by Cabinet to raise funds as part of the Integrated Strategic Business Plan (ISBP). “In 2018 we received the go ahead from the Cabinet, to alienate properties that are not central to business operations. We have quite a big property portfolio and thus we are alienating them to raise funds…