The Ministry of Urban and Rural Development (MURD) intends to take legal action against Ferusa Capital, a company belonging to Tobias and Nelson Akwenye, for failing to complete a mass housing project at Swakopmund, worth N$173 million. The ministry issued a statement following a video making rounds on social media platforms revealing dormant and unoccupied houses built under the ambitious mass housing project at the coastal town.
Sydney
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December 21, 2025
