Author Topic: NAMDEB Closure to Hit Country Hard!  (Read 244 times)

0 Members and 1 Guest are viewing this topic.

Offline Michael Alexander

  • *****
  • Administrator
  • Oranjemunder
  • *****
  • Posts: 16172
  • Karma: +53/-17
  • Location: Oranjemund 1972 - Present
    • Oranjemund Online
NAMDEB Closure to Hit Country Hard!
« on: September 02, 2019, 04:56:38 PM »
LINK: https://neweralive.na/posts/namdeb-closure-to-hit-country-hard

Well I guess Riaan is correct , mines are not infinite and will close...

What gets me though, is the  belief that the town will still be a good town to invest in.

A place where one can still reside after the mining comes to a close.

Disposable income in the town has already diminished extensively and once the locals become "normalized" as any other town we are going to see the local economy come crashing down!

Through no fault of anyone on particular, that's just how mines roll......

I think in the long term, perhaps in 10 years from  now we shall see the town establishing herself, sadly by that time the damage will have been completed.

Any person wanting to invest financially in the town will need to have deep pockets ........ it's going to be a rough ride....

OPS 1976-1982 : CBC 1982-1988

Offline Charles Scheepers

  • Oranjemunder
  • ****
  • Posts: 336
  • Karma: +22/-4
Re: NAMDEB Closure to Hit Country Hard!
« Reply #1 on: September 09, 2019, 06:08:41 PM »
 msn emoticon (68) and sad to see this place going down the tubes.  bye1 bye1
We should take care not to make the intellect our god; it has, of course, powerful muscles, but no personality. - Albert Einstein (18791955)