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

Financial Security

16 Results / Page 1 of 2

Background
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Namibia

Calls for stronger oversight in Sovereign Wealth Fund

    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 […]

today13 March, 2025 30

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Business / Economics

Institutional Investors Forum Continues in Swakopmund

  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.  

today7 March, 2025 43

Namibia

MPs Debate Pension Fund Reforms

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.

today6 March, 2025 38

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Namibia

GIPF urges pensioners and beneficiaries to complete biometric verification

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 […]

today6 March, 2025 26

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Business / Economics

FNB launches real-time cross-border payments

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.

today7 November, 2024 135

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Opinion Pieces

Stakeholder contribution towards pension fund operational efficiency

    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 […]

today17 September, 2024 17