Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile
Veronika Haulenga
Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile
Veronika Haulenga
Listeners:
Top listeners:
Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga
WINDHOEK, 13 March – The Welwitschia Sovereign Wealth Fund, launched in May 2022, is making financial progress but concerns over governance and transparency remain. The Executive Director of the Institute for Public Policy Research (IPPR), Graham Hopwood has urged greater clarity on how the fund is managed, particularly in the absence of a finalised bill to regulate it. While the Bank of Namibia has reported an increase in the […]
The 4th Annual Institutional Investors Forum 2025, themed "Empowering Growth: Investment Strategies for Institutional Investors in Namibia," is currently taking place in Swakopmund. The event focuses on Pension Fund Trustees, who play a crucial role in securing the financial well-being of their members.Michael Ndinisa is the Group CEO of MNCapital Group of South Africa.
Lawmakers are actively reviewing proposed amendments to the Members of Parliament and Other Office Bearers Pension Fund. The discussion is focusing on enhancing financial security for public office holders and ensuring sustainability. Some MPs are arguing for increased contributions, while others are raising concerns about fiscal responsibility. The reforms aim to balance long-term benefits with economic realities. A final decision is set to be made after further consultations.
The Government Institutions Pension Fund (GIPF) has issued a reminder to all pensioners, children, and spousal beneficiaries to complete their Biometric Verification (proof of life) for the period ending 30 June 2025. Beneficiaries can visit their nearest GIPF office or use the GIPF mobile verification app to ensure uninterrupted benefit payments. Biometric verification is a crucial process that ensures pension payments are made to the rightful recipients. GIPF GM: Marketing […]
The First National Bank (FNB) Namibia has started freezing the accounts of customers who fail to comply with Know Your Customer (KYC) regulations, leaving some clients frustrated over the lack of access to their funds. The move is part of the bank’s obligation to adhere to the Financial Intelligence Act and other regulatory requirements aimed at preventing financial crimes. FNB Namibia’s spokesperson, Kirsty Watermeyer, said that freezing accounts […]
19 January 2025 WINDHOEK, NAMIBIA— FNB notes with regret the rising instances of people being robbed of their funds while under threat of violence from criminals. Where such criminal incidents are reported, FNB undertakes rigorous investigation, partnering with law enforcement to ensure any information relative to these crimes is shared with investigators immediately. At FNB we are committed to ensuring the highest level of security for your accounts internally. As […]
Standard Bank Namibia has confirmed that a number of its clients’ accounts were hacked, resulting in unauthorized debit card transactions from a specific vendor. The bank issued a statement acknowledging the breach and stated that it had detected the fraudulent activity on a limited number of accounts. The allegations began circulating on social media on Sunday evening. In response, the bank has engaged with affected customers and taken immediate corrective […]
FNB has teamed with BankservAfrica to offer near real-time cross-border payments within the Common Monetary Area, covering Namibia, South Africa, Lesotho, and Eswatini. FNB clients can now transfer up to N$ 25 thousand instantly, 24 hours per day, across borders with enhanced security and lower costs. The move aligns with regulatory compliance under Namibia’s grey-listing status.
Pension funds are essential for the responsible management and safeguarding of members' retirement savings, providing peace of mind through robust communication and awareness efforts. These savings offer financial security, independence, and stability upon retirement, disability, ill-health, and death, while also serving as a cushion in cases such as retrenchment. For pension funds to operate efficiently, contributions must be managed responsibly within regulatory and legislative frameworks, with a focus […]
Notifications
