Fraud poses a significant threat to Namibian businesses

Fraud poses a significant threat to Namibian businesses, with potentially devastating financial and reputational consequences. Speaking at the Namibia Trade Network’s Business Club session under the theme “Trust Under Attack”, PwC panellist Hans Hashagen warned that organisations should not rely on trust alone to protect themselves against fraud. He stressed the importance of strong internal controls, proper background checks and due diligence when employing staff. He said that while some fraud cases can force smaller organisations to close, even financially stronger businesses can suffer lasting reputational damage. Take a listen.   

The post Fraud poses a significant threat to Namibian businesses appeared first on Future Media News.