Fly Namibia CEO Andre Compion has expressed worry over proposed fees operators will have to pay to the Namibia Civil Aviation Authority (NCAA), saying while there is a need for.
ReconAfrica, the Canadian oil and gas exploration company that controversially wants to mine Namibia’s Kavango East region, is facing a credibility crisis after disgruntled investors launched a class action lawsuit in New York.
ReconAfrica, a start-up oil exploration company with interests in Namibia and Botswana, is fighting for survival as its auditors resign, a cash crunch looms and a New York court battle with disgruntled investors comes to a head.