01
Oct
Stefanus Nashama The National Petroleum Corporation of Namibia (Namcor) has announced plans to reform various aspects of its operations to enhance its competitiveness locally and globally. The company has also taken steps to address internal and external challenges to strengthen its mandate. This is according to a statement released by Namcor on Tuesday. “From financial restructuring to operational realignment, we have taken major steps to turn around the company's performance, foster accountability, and create a culture of excellence,” stated the company. According to Namcor, the company has paid N$555 million to Gunvor, one of its key suppliers, to restore financial…