RADIO BULLETIN NO: 07 FOR 17H00

Contributed by NAMPA.

HERE IS TODAY’S BULLETIN FOR 17H00
MONDAY, 18 JUNE 2018
NAMIBIA PRESS AGENCY

1 (WINDHOEK, 18 JUN, NAMPA) – The Roads Contractor Company (RCC) has been given 30 days by Bank Windhoek to pay back an overdraft of N.dollars 80.2 million, or face auctioning off of its assets.

Failure to pay the money will result in the auctioning off of the State-owned enterprise’s properties attached to the overdraft, including its head office building in Windhoek’s Southern Industrial Area ...