Namcor Stake

Social justice advocate Roob Parker is demanding answers over what he calls a troubling lack of transparency surrounding ReconAfrica’s operations in Namibia. In an interview, Parker questioned why a 2022 letter of intent — which proposed the sale of 5% of Namcor’s shares in ReconAfrica — never materialized into a completed transaction. “The shares were supposed to be sold at roughly $4 to $4.50 each, but here we are, years […]