GOVERNMENT AVAILS N$70M TO BUY SURPLUS MAIZE

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Minister of Agriculture, Fisheries, Water and Land Reform Inge Zaamwani says the government has availed N$70 million to the Agronomic Board of Namibia to purchase surplus maize from local farmers following a good harvest.

NAMCOR records a loss of N$700 million

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The National Petroleum Corporation of Namibia (NAMCOR) recorded a loss of N$700 million over the past financial year ending on March 31, 2023.

The acting Managing Director of NAMCOR says they take full ownership and accountability for the company's N$700 million loss.