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Saturday, 24 October 2026
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Namibian press · Person

Maureen Hinda-Mbuende

Also known as: Ms Hinda-Mbuende

Former Namcor interim managing director who criticised the N$7.2 billion Vitol fuel contract as monopolistic and counter-productive.

2023-04-212026-10-24

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  1. July 2023
  2. The Namibian

    Finance deputy minister Maureen Hinda-Mbuende said the ACC report is good because Namcor's name has been cleared

    Source

    “Finance deputy minister Maureen Hinda-Mbuende said the report in the ACC document is good, because Namcor's name has been cleared.”

    Calls for Namcor board, Mulunga to be fired
Business

Government awards Vitol N$7.2bn fuel deal despite cheaper Namcor bid

The News

The government awarded a three-month fuel supply arrangement worth an estimated N$7.2 billion to international energy trader Vitol, intensifying scrutiny of governance at state-owned oil company Namcor, which lacks a substantive managing director. Critics claim Namcor submitted a cheaper proposal, raising questions about confidence in the company's operational capacity, though Namcor's board chairperson denied operating in a leadership vacuum.

16 June 2026 · Windhoek Observer →

Tuesday 16 June

  1. Government awards Vitol N$7.2bn fuel deal despite cheaper Namcor bid

    The government awarded a three-month fuel supply arrangement worth an estimated N$7.2 billion to international energy trader Vitol, intensifying scrutiny of governance at state-owned oil company Namcor, which lacks a substantive managing director. Critics claim Namcor submitted a cheaper proposal, raising questions about confidence in the company's operational capacity, though Namcor's board chairperson denied operating in a leadership vacuum.

    16 June 2026 · Windhoek Observer →

Friday 12 June

  1. Namcor backs minister on three-month Vitol fuel supply deal

    Namcor says awarding Vitol a three-month fuel supply contract is "commercially beneficial" and aligned with national objectives, following concerns from parliamentarians and a former managing director that the deal sidelined the state oil company. Namcor cited working capital limitations and previous financial weaknesses requiring N$1.2 billion in government support in April 2024, and additional N$401 million in July and August 2025.

    12 June 2026 · The Namibian →

Wednesday 10 June

  1. Government bypasses Namcor for N$7.2 billion Vitol fuel contract

    The government faced criticism in the National Assembly for awarding Vitol Bahrain a N$7.2-billion emergency fuel contract while bypassing Namcor. Opposition and former officials raised concerns that the arrangement could jeopardise fuel security and undermine the downstream fuel sector's competitiveness, while the prime minister said Cabinet discussions on the matter are ongoing.

    10 June 2026 · The Namibian →

Tuesday 9 June

  1. Former Namcor chief criticises N$7.2bn Vitol fuel deal

    Former Namcor acting managing director Maureen Hinda-Mbuende has criticised the government's award of a N$7.2 billion three-month fuel supply contract to Vitol, saying the deal is "counter-productive and monopolistic" and will damage the downstream fuel sector's long-term competitiveness. Hinda-Mbuende claims Namcor offered a cheaper deal and that Vitol's ownership of Shell and Engen service stations creates conflicts of interest that could harm competitors.

    9 June 2026 · The Namibian →

Friday 6 March

  1. Namcor board appoints new MD despite minister's opposition

    Namcor's board has appointed Mtundeni Ndafyaalako as interim managing director, replacing Maureen Hinda-Mbuende, reportedly without approval from the Mines Minister Modestus Amutse, who says he will meet with the board to understand the decision and address Hinda-Mbuende's grievances.

    6 March 2026 · The Namibian →

Tuesday 3 March

  1. NAMCOR appoints Mtundeni Ndafyaalako as acting managing director

    The National Petroleum Corporation of Namibia (NAMCOR) has announced that Mtundeni Ndafyaalako, Executive Upstream Development & Production, will serve as Acting Managing Director effective 1 March 2026, pending completion of a recruitment process for a permanent managing director. Ndafyaalako, who joined NAMCOR in 2018 as a geoscientist and brings nearly two decades of oil and gas sector experience, replaces interim MD Maureen Hinda-Mbuende, whose six-month tenure ends 28 February 2026.

    3 March 2026 · Informanté →

Monday 2 March

  1. Ndafyaalako appointed as Namcor acting managing director

    Mtundeni Ndafyaalako, Namcor's Upstream Development and Production executive, has been appointed acting managing director effective 1 March 2026, pending completion of recruitment for a substantive MD. He replaces interim MD Maureen Hinda-Mbuende and brings nearly two decades of oil and gas sector experience.

    2 March 2026 · New Era →

  2. Namcor appoints Ndafyaalako as interim managing director

    The National Petroleum Corporation has appointed Mtundeni Ndafyaalako as interim managing director effective 1 March, following the conclusion of former deputy finance minister Maureen Hinda-Mbuende's six-month tenure. Ndafyaalako, who joined Namcor in 2018 and currently serves as executive for upstream development and production, brings nearly two decades of oil and gas sector experience.

    2 March 2026 · The Namibian →

Sunday 1 March

  1. Namcor appoints Ndafyaalako as acting managing director

    Namcor has appointed Mtundeni Ndafyaalako, its upstream development and production executive, as acting managing director effective 1 March 2026, pending completion of the recruitment process for a permanent MD. Ndafyaalako succeeds Maureen Hinda-Mbuende, who served as interim head for six months.

    1 March 2026 · New Era →

Friday 16 January

  1. Namcor interim MD rebuilds trust after fraud, corruption saga

    Interim managing director Maureen Hinda-Mbuende says Namcor is recovering from reputational damage caused by alleged embezzlement of millions, including a N$53 million transaction with military contractor Enercon. She reports progress on governance reforms, employee morale, and financial stabilization through government bailouts and strategic restructuring.

    16 January 2026 · New Era →

Maureen Hinda-Mbuende — Namibian press coverage · Namibia Minute