NAMCOR says the company is addressing serious financial challenges and governance failures, particularly in its trading division. Spokesperson Paulo Coelho says that despite revenue growth, losses reached N$1.3 billion in 2023, leading to a government bailout and ongoing efforts to strengthen controls, reduce debt, and improve transparency.
The post NAMCOR Works to Overcome Financial Losses and Governance Issues first appeared on Future Media News.
The post NAMCOR Works to Overcome Financial Losses and Governance Issues appeared first on Future Media News.
