Tycoon, Tsumeb municipality fight over millions
• By Hertta-Maria Amutenja
TSUMEB Municipality is owed over N$162 million by the residents for municipal services this is according to the spokesperson Stella Imalwa-Nangolo.
Of the debt owed to the municipality, it is alleged resident and renowned businessman Rainier Arangies owes the municipality over N$9 million alone in municipal bills
To add to his woes it is also alleged that the businessman’s aviation company is in court over breach of contract with the municipality.
Arangies who is famous for his palatial castle situated at Tsumeb’s entrance, also owns Expedite Aviation CC and Auto Tech Namibia located in the northern town.
Read the full story in this week’s edition.