Namcor considers revising retail service station expansion plans

Martin Endjala The National Petroleum Corporation of Namibia (Namcor) is contemplating a reassessment of its expansion plans for its retail service station network throughout the country. Initially, the company aimed to establish 33 service stations nationwide by 2024, but to date, only 16 have been successfully established. During a recent press conference, Namcor’s acting Managing Director, Shiwana Ndeunyema, disclosed that the company has embarked on a three-pronged strategy to address the challenges it has encountered in expanding its retail service station network. The strategy aims to identify more effective operating models to reach its expansion goals. “Whatever operating models we…