The High Court is seized with an urgent application by Namcor seeking the liquidation of Enercon Namibia over the outstanding debt of over N$70 million arising from a breach of the Fuel Supply Agreement between the two companies.
The long-running feud between Immanuel Mulunga and his employer NAMCOR finally came to an end with the MD's dismissal.
Mulunga's dismissal on different charges follows his acquittal at a disciplinary hearing on another set of allegations.
The Namibia Petroleum Corporation, NAMCOR, has suspended its terminal manager at the National Oil Storage Facility at Walvis Bay.
Ellis Egumbo has been suspended on Thursday in connection with the loss of fuel and commercial documents at the facility.
The Namibia Youth Energy Forum, aimed at empowering young people in the energy sector, says it has received an official endorsement from NAMCOR.
NYEF is a youth-led organisation dedicated to empowering young people in the energy sector of Namibia.
The National Petroleum Corporation of Namibia (NAMCOR) says there is huge potential for more hydrocarbon or petroleum discoveries to be made in Namibia, with both land and offshore areas underexplored.
The Executive for Information and Communication Technology at Namcor, Bonifatius Konjore, has been suspended following allegations related to a substantial payment of N$68 million for an organisational operations software system that is reported not to be fully functional.
Policy analyst Dr. Marius Kudumo has expressed concerns about how those entrusted with overseeing the management of public institutions are undermining the principles of good corporate governance.
The Anti-Corruption Commission (ACC) has cleared suspended NAMCOR managing director Immanuel Mulunga of any wrongdoing.
In a brief statement, ACC Director Paulus Noa says that there is no evidence to prove that Mulunga had criminal intent when he transferred money to an Angolan-based oil company.
Namcor faces a daunting public relations exercise to regain the trust of the Namibian people after damaging negative media reports over the past few weeks.
Allegations of discrepancies of epic proportion hang over the heads of officials at the national oil company.
The leader of the official opposition, McHenry Venaani, has called for the suspension of the National Petroleum Corporation of Namibia's (NAMCOR) Managing Director, Immanuel Mulunga.
