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Cashing in to help your business survive: the importance of cash flow management

By Tomas Koneka IindjiFNB Commercial Head of Business Banking and Clusters. Every successful entrepreneur understands that cash flow is the lifeblood of their business and that without it, the business will not survive. In the current economic environment, effective cash flow management is crucial for any business to stay afloat. Cash flow provides the necessary...

August 26 Logistics Board accused of cashing in over N$ 590 000 in three months on ‘unnecessary’ board meetings
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August 26 Logistics Board accused of cashing in over N$ 590 000 in three months on ‘unnecessary’ board meetings

Staff Reporter THE Board of Directors of August 26 Logistics has been accused of looting and cashing in by holding unnecessary board meetings, costing N$ 590,000 over a span of three months. This comes after the temporal removal of the Board Chairperson, Major General Petrus Nathinge, and the suspension of Chief Financial Officer, Karel Nel,...