04
Mar
Renthia Kaimbi The appointment of Oscar Capelao as executive director of the Ministry of Finance has raised questions about potential conflicts of interest, as he continues to serve on the board of the National Petroleum Corporation of Namibia (Namcor). Capelao was appointed executive director in December 2025, a role that places him at the centre of government oversight of public enterprises, including Namcor. He has served as a Namcor board member since July 2024. His dual position has drawn scrutiny from governance expert Johannes Coetzee, who cautioned that the arrangement presents structural risks. “If the same person is on the…
