• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Saturday, July 26, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
26 °c
Windhoek
22 ° Wed
25 ° Thu
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • E-Editions
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • E-Editions
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Companies Property

Ongos Valley Sports Stadium development estimated at N$2 billion

by editor
August 6, 2024
in Property
187
A A
4
SHARES
3.8k
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The Governor of the Khomas Region, Laura McLeod-Katjirua, says the Ongos Valley Sports Stadium Development project is estimated at N$2 billion. 

You might also like

Windhoek approves N$1.7 billion building plans in six months

231 low-income homes planned in Windhoek at cost of over N$70m

Household debt rises by N$109m in April, driven by mortgage growth

The Ongos Valley Sports Stadium Development, with a capacity of 28,000 plus spectator seats was launched earlier this year in the Moses Garoeb constituency. 

“It represents a major investment in the future of our community, promising to bring economic growth, job creation, and an elevated profile for Namibia on the global stage. The project is estimated to be N$2 billion,” said McLeod-Katjirua during her State of the Region address this week.

The sports Ministry has budgeted N$20 million under the operational budget to maintain Ministerial buildings and stadiums including Katutura Sports Complex. 

“This development is poised to become a beacon of pride, equipped with state-of-the-art facilities designed to host a diverse range of sporting events and entertainment spectacles,” she said. 

Ongos Valley, which is developing a mixed-use township located 14 kilometres away from the city centre, plans to build a total of 28,000 housing units in 20 years.

This development comes after the City of Windhoek Council in October 2023 granted the Ongos Valley Development a take-over certificate, signalling the final stage of the housing project’s first phase of development.

The Ongos Valley Development has invested N$900 million into the housing project’s first phase in Windhoek and was expected to hand over 400 housing units to residents in June 2023. 

Ongos Valley is situated on a 1,750-hectare portion of Farm Ongos, 13 kilometres from the Windhoek city centre.

It will be a self-contained green village area with schools, hospitals, police stations and a cemetery, among other services.

author avatar
editor
See Full Bio
Tags: africa newscompanieseconomykhomas regionLaura Mcleod-Katjiruanamibianamibia newsOngos ValleyStadium
Share91Tweet57Share16
Previous Post

Andrade completes N$175m Bank Windhoek funding deal 

Next Post

NHE plans to build 856 houses nationwide in 2024

Recommended For You

Windhoek approves N$1.7 billion building plans in six months

by reporter
July 16, 2025
0
Windhoek approves N$1.7 billion building plans in six months

The value of approved building plans in Windhoek reached N$1.7 billion by June 2025, almost double the N$903 million recorded in the first half (1H) of 2024. According...

Read moreDetails

231 low-income homes planned in Windhoek at cost of over N$70m

by reporter
July 14, 2025
0
231 low-income homes planned in Windhoek at cost of over N$70m

The National Housing Enterprise (NHE) is ramping up efforts to reduce the housing backlog in the Khomas Region, with plans to construct 231 new housing units for low-income...

Read moreDetails

Household debt rises by N$109m in April, driven by mortgage growth

by reporter
June 3, 2025
0
Household debt rises by N$109m in April, driven by mortgage growth

Namibia’s household debt increased by N$109 million in April to reach N$68.8 billion, driven mainly by growth in mortgage credit, even as overall consumer borrowing remained restrained due...

Read moreDetails

Windhoek building plans plunge by 87% in April

by editor
May 20, 2025
0
Windhoek building plans plunge by 87% in April

Windhoek recorded an 87% month-on-month decline in the value of approved building plans in April 2025, dropping from N$1 billion in March to just N$145 million, according to...

Read moreDetails

Swakopmund leads building completions worth N$86.8 million in March

by reporter
May 15, 2025
0
Swakopmund leads building completions worth N$86.8 million in March

The Namibia Statistics Agency (NSA) reports that the total value of buildings completed in Namibia surged to N$86.8 million in March 2025, with Swakopmund accounting for the largest...

Read moreDetails
Next Post
NHE plans to build 856 houses nationwide in 2024

NHE plans to build 856 houses nationwide in 2024

Related News

NamRA pays out N$100.9m in tax refunds

NamRA pays out N$100.9m in tax refunds

March 6, 2024
New NamWater board appointed

New NamWater board appointed

May 22, 2023
Should You Buy Property Through a Juristic Entity?

Should You Buy Property Through a Juristic Entity?

December 13, 2024

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • Namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.