NamPower boss entangled in Kudu affair
Appointed to the top job in 2006, the managing director of NamPower has been suspended.
Joined millions of years ago, the African and South American continents present geological similarities that stir the curiosity of oil companies. Recent discoveries on the South American side of the Atlantic have spurred demand for exploration licences on the opposite
Namibia’s offshore, which some experts consider a geological match with the rich sedimentary basin in Brazil’s territorial waters, has only recently seen the influx of a few majors like BP and Petrobras along with some adventurous explorers such as Chariot
Still largely unknown and barely explored, Namibia's offshore may shortly acquire star billing. For some months, a number of majors, convinced Namibia could present geological features close to those of Brazil's offshore, are seeking to join forces with a Brazilian