Policies aim to improve governance and reduce corruption could prevent oil curse

Breadcrumb

Policies aimed to improve governance and reduce corruption could be the remedy to prevent the "oil curse" in Namibia.

This sentiment was expressed by the Petroleum Commissioner in the Ministry of Mines and Energy, Maggy Shino.

During her presentation, Shino said the oil industry stands to gain from undertaking a remedial effort that would reduce operating costs, increase production, and raise the standard of living for the people.