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Government launches updated internal audit manual to curb risks to SOEs

Government launches updated internal audit manual to curb risks to SOEs

Business Reporter

THE Ministry of Finance has announced the launch of a newly updated internal audit manual which will enhance the work of internal auditors in identifying areas of improvement, mitigating risks effectively, and ensuring that public resources are managed with integrity.

Ericah Shafudah, speaking at the launch of the new manual, said that the document embodies the ministry’s commitment to public trust and the efficient stewardship of public resources.

“With these updated guidelines, we are strengthening the framework that supports rigorous internal auditing practices, a critical pillar for ensuring that government operations remain transparent, accountable, and effective. I also extend my sincere gratitude to the Directorate of Government Internal Audit and Policy Coordination, under the dedicated leadership of Mrs. Maxine Cloete-Hangula. The Directorate’s hard work and vision have been central to this achievement. Through their efforts, we now have a robust, standardised manual that will guide internal audit practices across all our Public Sector, ensuring a unified approach to governance,” Shafudah said.



She added that with this new uniformity, they expect their internal auditors to be even more value-adding, enhancing their role as critical advisors to the government.

“Equipped with standardised guidelines, they will be better positioned to support and strengthen governance, risk management, and internal controls across all levels of government. This is a vital step forward, empowering internal auditors to identify areas of improvement, mitigate risks effectively, and ensure that public resources are managed with the highest standards of integrity. By equipping our auditors with these tools, we are reaffirming our commitment to sound financial management, accountability, and the prudent use of public funds. This launch is a meaningful step forward in our ongoing journey to build a culture of transparency and good governance for the benefit of all Namibians,” Shafudah said.

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