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 on 17 July 2026 in the matter between Phat Pharm Construction as the plaintiff and NIDA as the defendant.

The case stems from allegations that NIDA breached a lease agreement after approving Phat Pharm Construction’s proposal to develop a go-karting facility on Erf R/3740, located at the NIDA Rundu Convention Centre.