By Chamwe Kaira
Namibia's biggest private game reserve, Erindi, is set to announce the country's most expensive land transaction on Monday.
Owner Gert Joubert said Namibians will be able to take part in the transaction, which he indicated will be worth N$55 million. Apart from saying it would be the most expensive land deal in which Namibians will take part, Jourbert stated that full details will be announced on Monday.
Last year, Erindi was put on sale for US$110 million, which is just over N$1.1 billion. Erindi has 70 000 hectares. The lodge is situated between Okahandja and Otjiwarongo on the B1 Road. Joubert could not say whether Monday's announcement is related to the auction.
The sale last year was placed on the land auction website, LandWatch.Com.
Part of the valuation includes 70 000 hectares (Freehold Title), buildings, Furniture & office equipment, generators, containers, game capture equipment, vehicles, fire fighting equipment, game valued at N$ 157 million, 200km Fence / Bomas, 17 earth dams, 21 installed boreholes and 2000 km roads.
In the 1970's and 1980's, Erindi was a cattle farm but was later converted into a hunting farm. Cattle farming was eventually phased out and game introduced instead.
Hunting was finally halted in 2007 and the reserve was transformed into a nature conservation venture.
Also last year, it was reported that the government had granted permission to Erindi to move 200 elephants from Tsumkwe. Erindi has been making attempts to import the elephants for the past eight years from South Africa.