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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Namibia

National Petroleum Corporation is currently studying an investigation report on internal maladministration

today24 November, 2023 34

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The National Petroleum Corporation of Namibia’s board of directors is currently studying an investigation report on internal maladministration, contributing to the net loss of 700 million Namibian dollars. Namcor is currently facing financial hardships in managing its cash flow and stands with a debt of 1.9 billion Namibian dollars, owed to more than four petroleum suppliers. NamCor’s Manager Of Marketing, Communications, and Public Relations, Paulo Coelho.

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Written by: Leonard Witbeen

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