There comes a time in any entrepreneur’s lifecycle when situations get tough. With the current persisting drought, combined with a challenging economic environment, entrepreneurs might find themselves faced with cash flow difficulties. As a result, this can negatively affect payments to creditors.

A recent survey conducted by accounting firm, PwC on economic crime in Namibia shows that 53 percent of companies have experienced economic crime.

Namibia needs to keep belt tight: Analysts

Economic analysts have commended the Ministry of Finance for implementing a fiscal consolidation plan that has averted, at least for now, a possible downgrade by rating agency, Fitch.

WINDHOEK OBSERVER

The Windhoek Observer is an English-language weekly newspaper, published in Namibia by Paragon Investment Holding. It is the country's oldest and largest circulating weekly.

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