NAMCOR addresses financial woes, unveils turnaround strategy amid N$1.3 billion loss

[Namibia Economist - Namibia] - 7/07/2025
National oil company, NAMCOR, has issued a comprehensive update addressing its significant financial constraints and other operational challenges, revealing a net loss of N$1.3 billion in the 2022/23 financial year. The company aims to clarify recent media reports, some of which it deemed (…)
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