insert_link Local NAMFISA to host third edition of the Fintech Square in Windhoek The Namibia Financial Institutions Supervisory Authority (NAMFISA) is proud to host the third edition of the FinTech Square event scheduled for 30 and 31 May 2024 under the theme FinTech Unleashed: Showcasing Innovation at the Square. FinTech Square, known as the NAMFISA Innovation Station, is a platform designed to explore the world of Financial Technology (FinTech) within the Namibian Non-Banking Financial Institutions (NBFI) sector. It connects NAMFISA with innovators, consumers, industry […] today29 May, 2024
insert_link Namibia Namibia Financial Institutions Supervisory Authority to Host FinTech Square Event in May 2024 The Namibia Financial Institutions Supervisory Authority is organizing FinTech Square, an event aimed at exploring the intersection of finance and technology. Scheduled for May. The event will showcase various innovations in financial technology, highlighting their potential to transform traditional financial practices. NAMFISA spokesperson Victoria Muranda emphasizes the importance of this convergence in revolutionizing financial processes for both institutions and consumers. today26 April, 2024
insert_link 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 […] today18 April, 2024
insert_link 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. today22 March, 2024
insert_link 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. today12 February, 2024
insert_link 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 […] today24 January, 2024
insert_link 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. today16 January, 2024
