insert_link Interview TranscriptsInterview: Investigative Researcher Challenges ReconAfrica’s Oil Discovery Claims Investigative researcher Rob Parker has issued a strong warning regarding recent media headlines suggesting that Canadian oil company ReconAfrica has discovered oil in the Kavango region. Parker, who has monitored the company’s activities for years, says the public should treat such claims with caution. According to him, the company “has a long-established pattern of using cherry-picked information” to present a narrative of discovery, even when the technical evidence does not […] today9 December, 2025
insert_link Business / EconomicsBIPA Begins Mass Deregistration of Companies The Business and Intellectual Property Authority has confirmed that starting today, 1 000 companies will be de-registered. A total of 137 thousand companies are targeted, with at least 1 000 or more expected to be removed from the registry each month, according to NewsOnOne’s Hertha Ekandjo. today29 August, 2025
insert_link NamibiaImmanuel Mulunga Challenges Prosecution Over Enercon Deal Former NAMCOR managing director Immanuel Mulunga told Windhoek Magistrate’s Court that the state has no legal basis to prosecute him. Reporting for NewsOnOne, Envaalde Matheus noted that Mulunga clarified the N$53 million Enercon asset purchase was conducted through NAMCOR Petroleum Trading and Distribution (Pty) Ltd—not the state-owned NAMCOR—and that he acted within his contractual authority, rejecting the Anti-Corruption Commission’s allegations. today24 July, 2025
insert_link Business / EconomicsNAMCOR Works to Overcome Financial Losses and Governance Issues NAMCOR says the company is addressing serious financial challenges and governance failures, particularly in its trading division. Spokesperson Paulo Coelho says that despite revenue growth, losses reached N$1.3 billion in 2023, leading to a government bailout and ongoing efforts to strengthen controls, reduce debt, and improve transparency. today7 July, 2025
insert_link Business / EconomicsAlexforbes Namibia names new managing directors Alexforbes House, Windhoek Alexforbes Namibia has announced leadership changes across its group of companies to strengthen its operational efficiency and its position as a leading investment destination. The information was disclosed in a media release dated 9 May 2025. According to the statement, the new appointments, which took effect on 1 April 2025, are part of an organisational restructure designed to deliver better outcomes for clients. These changes include the […] today10 May, 2025
insert_link South AfricaActionSA Demands Transparency on Ithala Bank Loans ActionSA is demanding transparency from KwaZulu-Natal's Ithala bank over outstanding loans granted to politically exposed individuals. The party is concerned that taxpayer funds may have been misused to benefit politicians and their associates, including the chairperson of Parliament’s portfolio committee on Cooperative Governance and Traditional Affairs, Zweli Mkhize, and his family. ActionSA’s Alan Beesley says reports indicate that Ithala is commercially and technically insolvent, with 2.2-billion-rand in loans, but only […] today7 March, 2025
insert_link WorldUS SEC seeks India’s help in investigating billionaire Gautam Adani The US Securities and Exchange Commission is seeking India's help in its investigation into Billionaire Gautam Adani who is considered close to Prime Minister Narendra Modi. Adani is accused of being part of a $265 million bribery scheme - an allegation he has called baseless. Ishan Garg tells us more from New Delhi. today19 February, 2025
