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New oil policy cracks down on fronting

Government has moved to prevent foreign-controlled businesses from disguising themselves as Namibian companies to access opportunities in the country’s emerging petroleum industry....

Namibian Sun17 Aug 2026, 10:05 pm
New oil policy cracks down on fronting

CLOSING LOOPHOLES: Minister Emma Theofelus announced the new upstream petroleum local content policy this month that seeks to ensure Namibians capture a greater share of ownership. PHOTO: FILE

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Originally published by Namibian Sun on 17 Aug 2026, 10:05 pm. View original article
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