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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile

Veronika Haulenga

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Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile

Veronika Haulenga

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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Affordability

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South Africa

In South Africa, GOOD Party supports basic income grant as priority

The GOOD Party says implementing a basic income grant should be priority number one in Finance minister Enoch Godogwana’s budget speech on Wednesday. Economic research the party conducted nearly two years ago, pointed to the country being able to afford a 999-rand basic income grant if it changed its approach to budgeting. GOOD’s secretary-general, Brett Herron, says South Africa is constitutionally obliged and can no longer afford not to implement […]

today18 February, 2025 53

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South Africa

Nersa Approves Electricity Tariff Increase in South Africa

In South Africa, its energy regulator, Nersa, has approved a 12.7-percent electricity tariff increase for the 2025/'26 financial year, effective from the first of April. Municipal customers will see the hike from 1 July. Further hikes of 5.36-percent in 2026/'27 and 6.19-percent in 2027/'28 have also been approved. Nersa chairperson Thembani Bukula says the regulator had to balance Eskom’s financial sustainability with affordability for consumers:

today31 January, 2025 19

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Local

Bank of Namibia launches the instant payment project to enhance financial inclusion.

    The Bank of Namibia today officially launched the Instant Payment Project, a pioneering initiative set to revolutionize financial services across Namibia. With a targeted official launch year of 2025, the project aims to significantly broaden financial inclusion by providing essential and affordable financial services to all whilst focusing on the rural and informal sectors which face logistical and financial challenges in accessing conventional banking services. In 2023, the […]

today26 April, 2024 42

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Local

NAMFISA takes measures to address rising cost of medical aid contribution rates

  The Namibia Financial Services Supervisory Authority (NAMFISA) has embarked on proactive measures aimed at securing the long-term sustainability of the medical aid fund industry. In response to the escalating challenges posed by rising medical aid contribution rates, NAMFISA is dedicated to member well-being and industry sustainability, and has implemented a temporary cap on some funds’ annual contribution increases, limiting it to a single-digit percentage (maximum increase of 9.99%). The […]

today8 December, 2023 15