Namibia needs to be smarter when dealing with investors-Smith

Namibia needs to be smarter when dealing with investors-Smith

Namibia needs to be smarter when dealing with investors-Smith

Martin Endjala Popular Democratic Movement (PDM) MP Nico Smit told the National Assembly yesterday that Namibia needs to be smarter when dealing with investors, who undertake mining activities in the country. Smit made this observation in the light of the recent oil and gas discoveries in the country that of late has the talk of the nation. Smit’s contribution was in support of the findings and recommendations by the Parliamentary Standing Committee on Natural Resources chairperson Tjekero Tweya. The report recommends that the Ministry of Mines and Energy review its ownership license and conduct regular monitoring on companies involved in…
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