Britain reduces foreign aid

Britain reduced its foreign aid spending commitment on Wednesday to 0.5% of gross domestic product from 0.7%, causing one minister to resign and an immediate outcry from development organisations and the spiritual head of the Church of England. Several senior members...

Namibia replacing Accountants and Auditors Act

Namibia recently decided to replace its 70 year-old Public Accountants’ and Auditors’ Act, under which the Public Accountants’ and Auditors’ Board was established to regulate public accountants and auditors. This, Accounting Weekly reports, will ensure that investors...

Namibia’s airports all licensed

The Namibia Airports Company has received interim airport operating licenses for all of the country’s eight airports,, having a week earlier timeously submitted license applications to the Namibia Civil Aviation Authority. The Hosea Kutako and Walvis Bay International...