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

Financial well-being

5 Results / Page 1 of 1

Background
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Local

Old Mutual Foundation empowers communities

Media Release: Old Mutual Foundation Empowers Communities Through Staff Community Builder Initiative   Kamutjonga Primary School in the Mukwe Circuit Kavango East Region   2 October 2024, Windhoek – In line with Old Mutual’s vision to empower communities, the Old Mutual Foundation’s Staff Community Builder initiative continues to demonstrate impactful community support. Over the past three years (2022-2024), this flagship initiative has enabled 30 Old Mutual staff members to actively […]

todayOctober 2, 2024 12

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Opinion Pieces

Understanding Preservation Funds

    A preservation fund is a savings vehicle into which you can transfer your retirement savings, from a retirement fund (pension or provident fund), with the aim of preserving funds for your financial well-being in retirement.  This vehicle is primarily used when people resign or change jobs, which then becomes a tax-free transfer from your existing retirement fund into a preservation fund of your choice. Preservation can either be […]

todayJuly 22, 2024 7

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Local

Keeping your financial compass true

    Life is a journey filled with unexpected turns. While we plan for the future, significant changes in our circumstances can occur – marriage, children, career advancements, or even health concerns. These milestones can leave our long-term insurance plans misaligned with our current needs. This is why we need to emphasise the importance of regularly reviewing your insurance portfolio to ensure it remains a robust safety net, safeguarding your […]

todayApril 5, 2024 10

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Business / Economics

What does an unchanged Repo rate mean to a GIPF member?

    By Amos Kambonde, Manager: Marketing services at the Government Institutions Pension Fund.   Recently, consumers received positive news with the announcement of an unchanged repo rate alongside an unchanged in fuel prices across Namibia. While these developments may seem distant from the average person's daily concerns, they hold significant implications, particularly for members of the Government Institutions Pension Fund (GIPF). Let's delve into what these announcements mean for […]

todayFebruary 20, 2024 13

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Business / Economics

Needing to borrow money? Four tips on what’s okay and what’s not

  By Bomikazi Zeka, University of Canberra It’s a financially challenging time for most households. With interest rates rising, many are spending even more money on debt repayments or taking out loans to help make ends meet. A report released recently in South Africa, compiled by one of the country’s biggest banks, found that 42% of South Africans, across various income levels, cannot manage their debt. This indebtedness has caused […]

todayDecember 14, 2023 6

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