Only N$11b in govt spending get clean audits in 2025
JUST N$11 billion of government expenditure received clean audit opinions in 2025, while more than N$75 billion was associated with qualified audit opinions. This raises concerns about governance, accountability and financial management across Namibia’s public sector. The figures were revealed by the Office of the Auditor General’s director of accruals, Blessing Nyandoro, during the Bank of Namibia’s Internal Audit Awareness Day. According to Nyandoro, auditors were unable to
Only N$11 billion of government spending received clean audit opinions in 2025, with over N$75 billion receiving qualified opinions. This highlights issues with governance and financial management in Namibia's public sector. The Auditor General's director, Blessing Nyandoro, revealed these figures during an event hosted by the Bank of Namibia. He noted that most public offices and agencies failed to meet audit standards. The percentage of unqualified audit opinions dropped to 46%, indicating a decline in audit outcomes. Nyandoro pointed to weaknesses in governance and internal controls as key issues. He also expressed concern over local authorities not submitting financial statements for audit. Common audit findings included poor governance, weak internal audits, and inadequate record-keeping. These issues arise as Namibia prepares for economic growth through new industries. A deputy governor of the Bank of Namibia warned that poor governance could hinder the country's ability to capitalize on future opportunities.
The findings highlight significant governance and financial management challenges that could impact Namibia's economic progress.
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