The National Petroleum Corporation of Namibia, Namcor, is once again making headlines
August 29, 2025
[PODCAST]
The board is reportedly threatening to resign, citing political interference and pressure to sabotage a N$480-million fuel corruption case.
At the heart of the standoff is the appointment of former deputy finance minister Maureen Hinda-Mbuende as acting managing director, a decision the board opposed but was overruled by minister Natangue Ithete. The controversy raises deeper questions about governance, transparency, and political control of Namibia’s strategic oil company. To speak on this, analyst Johan Coetzee joins Desert FM.
