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

Namfisa

21 Results / Page 2 of 3

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Business / Economics

Verime and ReferredBy lead Namfisa’s financial Sandbox initiative

The Namibia Financial Institutions Supervisory Authority has signed testing agreements with Verime and Referred By, making them the first participants in its Regulatory Sandbox programme for the non-bank financial institution sector. NAMFISA's Regulatory Sandbox is a pioneering initiative demonstrating its commitment to fostering a vibrant, secure, and inclusive financial landscape that empowers both consumers and innovators. NAMFISA spokesperson Victoria Muranda. The programme serves as a controlled environment for live tests […]

todayApril 18, 2024 42

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Namibia

Namibia Approves Central Securities Depository for Market Efficiency

The Namibia Financial Institutions Supervisory Authority has greenlit Central Securities Depository Limited to operate as a central securities depository. Jointly owned by the Bank of Namibia and the Namibia Stock Exchange, CSD will centrally manage securities like shares and bonds electronically, aiming to boost trading efficiency, market participation, and liquidity. NAMFISA spokesperson Victoria Muranda shared the update.  

todayMarch 22, 2024 83

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Namibia

NAMFISA Warns Medical Aid Schemes Against Unauthorized Contribution Increases

The Namibia Financial Institutions Supervisory Authority cautions medical aid schemes against exceeding approved contribution percentages. NAMFISA's release emphasizes the violation of Section 31 of the medical aid fund, stipulating that any changes to registered medical aid funds' rules require approval from the Medical Aid Funds Registrar. This warning follows NAMFISA's imposition of a temporary cap on certain medical funds' annual contribution increases, restricting them to single-digit percentages.

todayFebruary 12, 2024 5

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Business / Economics

The Alexforbes Lead Story – 23 January

The Alexforbes Lead Story is back for 2024 and still tackling the topics that matter to you. In this episode David speaks to President of the Anaesthesiologists Society of Namibia, Dr. Jesse Mumba, and specialist anaesthetist, Dr Meandra Jordaan about the fact that NAMAF decided on a zero rate increase for 2024 and how this will impact not only them as specialists who only do in-hospital procedures, but also the […]

todayJanuary 24, 2024 74

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Business / Economics

Namfisa’s Gariseb joins IAIS risk-based solvency forum

The Namibia Financial Institutions Supervisory Authority General Manager for Insurance and Medical Aid Funds, Erich Gariseb, has been admitted to serve on the International Association of Insurance Supervisors’ Risk-Based Solvency Implementation Forum. NamFisa spokesperson, Victoria Muranda, explains the significance of this development.

todayJanuary 16, 2024 52

Namibia

Katutura Central constituency leadership plans to involve NamFISA to tackle City Of Windhoek debt interest

"These people don't want long-lasting solutions ,and they use pensioners to try and make it seem as if they are putting in effort but the reality is they not ,they are running a social service like a private business." says Shaun Gariseb- a local leader in Katutura Central constituency. This is in regards to the City Of Windhoek's "write-off" of debts for pensioners,business and other debtors.  

todayDecember 13, 2023 22

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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 […]

todayDecember 8, 2023 12

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