Rundu Town Council has not been submitting its financial statements for the past seven years. 
This was revealed during a public hearing by the Parliamentary Standing Committee on Public Accounts at Rundu on Monday. 

The Namibian Broadcasting Corporation (NBC) held a strategic meeting with auditing firm Grand Namibia, which was appointed to guide the corporation's transition from the International Financial Reporting Standards (IFRS) to the International Public Sector Accounting Standards (IPSAS) framework.