The Namibia Press Agency, (NAMPA), was established in 1991 as a national news agency responsible for the distribution of local, regional and international news.

NEPC explains its financial adversity

Contributed by NAMPA.

WINDHOEK, 14 MAR (NAMPA) – The New Era Publication Corporation (NEPC) has attributed its insolvency to the debts it owes to the Receiver of Revenue, printing cost and escalation of operational expenses.
This was the explanation given by NEPC’s chief financial officer (CFO), Beatus Amadhila in an interview with Nampa on Wednesday, when he responded to questions on the current financial predicament the entity finds itself in.
“The cause of our insolvency is basically due to the debts we owe the R ...

 

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