27
Mar
Niël Terblanché The impact of corruption is severe and if it is allowed to persist the phenomenon has a detrimental impact on economic growth, healthcare, and social and economic infrastructure development, and may even negatively affect Foreign Direct Investment. While presenting arguments for the budgetary allocation of N$81 688 000 for the Anti-Corruption Commission (ACC), the Speaker of Parliament, Professor Peter Katjavivi said that foreign Investors may not invest in Namibia if authorities in the country are not financially empowered to curb corruption and related crimes. In addition, Namibia has been undergoing the Eastern and Southern Africa Anti-Money Laundering Group…