Namibia: Financial mess found at NBC

The Namibian Broadcasting Corporation granted its former Director General, Gerry Munyama, an interest-free loan of N$100 000 during his employment there, it has emerged, writes Lindsay Dentlinger in The Namibian. This is one of a number of revelations on the inner workings of the NBC - detailed in the Auditor General's report for the 2003-04 financial year and tabled in the National Assembly last week. The report highlights the NBC's precarious financial position and questions whether the broadcaster can be deemed operational.