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Namcor’s Financial Troubles Deepen as Economists Doubt Turnaround Strategy, Namibia

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Namcor's financial troubles deepen as economists doubt its turnaround strategy amid a N$700 million loss caused by internal breaches and market instability. As the company seeks a capital injection, critics call for external examination and improved ethical leadership. The future of Namcor and Namibia's fuel supply hang in the balance.

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