Competition commission achieves only 56% of performance target

Competition commission achieves only 56% of performance target

The Auditor-General has provided an unqualified audit opinion on the Namibian Competition Commission's financial statements for the fiscal year ending March 31, 2024, confirming that the Commission's financial records accurately represent its status in line with International Financial Reporting Standards. Conducted in accordance with international auditing standards, the audit revealed no major issues with the Commission’s financial practices. The Auditor-General stated that he found ample audit evidence to support his […]

October 31, 2024 24

Namibia

Ondangwa Town Council Faces Compliance Issues and Performance Management Challenges

The Auditor-General, Junias Etuna Kandjeke, found major compliance issues in the Ondangwa Town Council's financial statements for the year ending June 30, 2023. The council failed to adhere to the Local Authorities Act and improperly implemented a new travel policy without ministerial approval, leading to over N$ 1.2 million in improper payments. Additionally, the audit revealed weaknesses in measuring key performance indicators and a lack of individual performance […]

October 31, 2024 7