Every month, The Brief will survey in-store prices of the same basket of building materials across four different hardware wholesalers in Windhoek namely, Build It, Buco, Pupkewitz Megabuild, and Ark Trading.

The City of Windhoek (CoW) has so far constructed a total of 700 low-cost housing units in its informal settlements at a cost of N$120 million, an official has revealed.

The Government Institutions Pension Fund (GIPF) says it expects to finally roll out pension-backed home loans to help workers secure houses in the coming weeks.

The City of Windhoek approved a total of 262 building plans in October valued at N$157.4 million, up 10.5% from the 237 building plans approved in September. 

Nedbank Namibia recently inaugurated its new Head Office located in the Windhoek Central Business District and this is what we know about the building and its construction:

·        Construction of the building started in June 2017.
·        The project was completed on schedule and below budget of N$495 million despite the effects of the COVID pandemic.
·        The building now houses over 500 Nedbank staff that were housed in six different buildings across Windhoek.
·        97% of the total contract was placed on Namibian-owned companies, which was delivered by Namibians.
·        The building has achieved a 5-star Green Star design rating by the Green Building Council of South Africa.
·        The design team has submitted documentation to the Green Building Council to obtain an As Built rating, if obtained, will make it the first newly built 6-star building in the country.

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