Ohlthaver & List (O&L) Group

Ongandjera King Johannes Mupiya is considering legal action against a black empowerment entity unless it pays him N$15 million in profits. This amount was agreed upon in a deal linked to Heineken's acquisition of a 50.01% stake in NBL Investments from the Ohlthaver & List (O&L) Group for N$5.4 billion last year. Epia Investment Holdings, a politically connected entity, including late businessman Aron Mushimba, held a 49% stake in NBL […]