08
Apr
Erasmus Shalihaxwe The National Petroleum Corporation of Namibia (Namcor), will start receiving shares from the Sungara Energies oil deal when transaction completion has been achieved. Namcor Spokesperson, Utaara Hoveka told this publication yesterday while responding to questions on how far along the deal is and how Namcor is going to benefit that he could not provide a timeline for when Namcor can expect to start receiving its shares from the deal. The Sungara Energies deal came to public attention when Namcor Managing Director Immanuel Mulunga had allegedly paid N$100 million to secure the deal with Angolan state-owned oil company Sonangol…
