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business · Kavango East

NIDA faces N$3.1m lawsuit over failed go-karting project

Sostenus Wilherm The Namibia Industrial Development Agency (NIDA) is awaiting a High Court judgment in a dispute with Phat Pharm Construction (Pty) Ltd, which is demanding more than N$3.1 million in damages after an alleged failed agreement to establish a go-karting business at the Rundu Convention Centre. Justice Gladice Pickering is set to deliver judgment […]

Windhoek ObserverBy Sostenus Wilherm17 Jul 2026, 06:27 am
NIDA faces N$3.1m lawsuit over failed go-karting project

The Namibia Industrial Development Agency (NIDA) is awaiting a High Court judgment in a dispute with Phat Pharm Construction (Pty) Ltd, which is demanding more than N$3.1 million in damages after an alleged failed agreement to establish a go-karting business at the Rundu Convention Centre.

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Originally published by Windhoek Observer on 17 Jul 2026, 06:27 am. View original article
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