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Only About 10% of Exploration’s N$33 Billion Spent on Locals … local content policy still not finalised

  By: Nghiinomenwa-vali Erastus   Namibia’s burgeoning oil and gas exploration sector, which has attracted investments valued at over N$33 billion between 2021 and 2023, has raised concerns due to its limited contribution to local firms. Merely 10% of exploration expenditure has benefitted domestic companies,…

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Nghiinomenwa-vali Erastus

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