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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

financial recovery plan

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Background

Namibia

Auditor-General’s Report Flags Major Financial Issues at the Municipality of Windhoek

The Auditor-General’s report on Windhoek Municipality’s 2022 and 2023 finances, highlights major concerns, resulting in a disclaimer of opinion. Key issues include missing accounting policies for public-private partnerships, unapproved salary increases, incomplete land records, and possible data manipulation. With liabilities exceeding assets by over 723 million dollars, the Municipality faces serious solvency risks. The report warns these issues could impact service delivery, urging stricter controls and a financial recovery plan.

todayOctober 31, 2024 40 2

Local

City of Windhoek provides clarity and context in response to the New Era Newspaper Article titled “City is broke: Kandjeke”.

    The City of Windhoek (City) has noted with concern the article published in the New Era newspaper on 19th February 2024. While appreciating the media's role in keeping the public informed, we find the headline and context provided sensational and unfortunate since such selective journalistic exploits have the potential to cause unprovoked panic among the entire chain of our stakeholders and residents alike. It is crucial for journalists […]

todayFebruary 21, 2024 17

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