insert_link Business / Economics NAMCOR 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 Namibia Telecom Namibia Faces Monthly Loss of N$7.5 Million Due to Deactivation of Unregistered SIM Cards Telecom Namibia has revealed a potential monthly loss of N$7.5 million following the deactivation of 191,598 unregistered prepaid SIM cards. According to spokesperson Nomvula Kambinda, as of March 31, 2024, Telecom Namibia's records indicate a total of 442,410 active mobile subscribers. today8 April, 2024