/Cabinet scrambles to save NTB

Cabinet scrambles to save NTB

CABINET is discussing an urgent solution to the financial state of the Namibian Tourism Board, whose coffers will soon run dry as the tourism sector continues to suffer amid the Covid-19 pandemic.

This comes after Namibian Tourism Board (NTB) chief executive officer Digu //Noabeb confirmed that their financial situation continues to worsen.

In May, //Noabeb said the board at that point needed to dip into its cash reserves and speculated that if the situation remained the same, NTB would be out of reserves by October.

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