23
Oct
Allexer Namundjembo The chairperson of the National Council Standing Committee on Public Accounts and Economy, Peter Kazongominja, revealed that the Okahao Town Council lacked financial accounting procedures, guidelines, and manuals. He made this statement during the town council's public hearing on Wednesday regarding the adverse audit opinion on their financial statements for the years 2019, 2020, 2021, and 2022. Kazongominja said the committee observed that the council did not adopt an appropriate financial reporting framework as per the circular from the Minister of Urban and Rural Development in preparing its financial statements. “The auditors noted a difference amounting to N$9…