Just In: Ramatex's liquidators, City of Windhoek settle after 13 years
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Ramatex's liquidators will, according to a settlement agreement signed this morning and a court order, sell eight warehouses on its Windhoek premises and restore the land within three years. The City of Windhoek will receive 30% of the net income for two of these warehouses, known as the Tai-Wah warehouses.
The first case between the parties had already been initiated in 2010.
The first case between the parties had already been initiated in 2010.
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Namibian Sun
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