ACC arrests five in N$500 million Namcor ‘corruption’ scam
...N$560 million in bogus oil transactions where the parastatal supplied politically connected companies with petroleum products but was never paid for the fuel...
Competition Commission clears fishing industry of price-fixing
...NaCC concluded that it could not find evidence of price-fixing and collusion by at least 10 major fishing operators, who have been accused of cartel behaviour by rights holders...
Amutse ploughs through local petroleum pool
...Amutse, in January instructed Namcor to extend a lease agreement it had with Vitol subsidiary Validus Energy for an additional six months...
Police, NamRA question Namdia exports’ paperwork
...lias Mutota, confirmed the latest operation, saying that the police action was caused by a lack of paperwork regarding the valuations of the diamonds to be exported...
Abandoned N$50M youth HQ leads to Chicco hotel rent scandal
...government at least N$70 million if the ministry’s rental agreement with businessman Erastus ‘Chicco’ Shapumba was to be fully implemented.
Scammers clean out N$2.2 million investment account
Momentum Metropolitan Namibia and NamPost are quietly investigating a system breach which left a local businessman reeling from a N$2.2 million loss...
Health ministry forced to halt ill-conceived promotion
The move to directly appoint Herman as deputy executive director responsible for procurement has not only sparked allegations of procedural bypassing...
State House Security Breach Leaves Shikongo in Limbo
...President threatened to dismiss Shikongo as the officer ultimately responsible for her security...
Epangelo’s Hawala faces the chop
He is also accused of allegedly ignoring procurement procedures when he appointed consultants as well as making financial decisions without board approval...
Democracy thins as centralisation creeps in
Namibia's eighth administration said it would focus on addressing corruption, improving service delivery, and managing the economy...
Budget: Prudence, pain and plodding on
...total expenditure is expected to remain broadly stable at N$105.9 billion, equivalent to 39.5% of GDP by end of March 2026, reflecting expenditure discipline despite revenue shortfalls...
