Retirement

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Namibia

GIPF assures members homes are safe under pension-backed housing scheme

Photo contributed The Government Institutions Pension Fund (GIPF) has reassured its members that they will not lose their homes if they are unable to fully repay loans under its new pension-backed housing finance scheme. The assurance follows concerns that the initiative could expose retirees to the risk of property repossession. GIPF chief executive Martin Inkumbi says the structure of the scheme is designed to protect members’ primary residences while remaining […]

today20 January, 2026

South Africa

S.A. Deputy Finance Minister: High Unemployment Delays Retirement for Many

S.A's deputy minister of Finance David Masondo warns that high unemployment rates prevent many South Africans from entering retirement. Speaking at the Old Mutual Thought Leaders Forum in Johannesburg, Masondo emphasised the need for security in retirement savings, calling for transformation within the retirement system. He calls for ongoing dialogue and improved retirement outcomes for all South Africans:  

today15 August, 2024

World

Knowing when to call it quits takes courage and confidence – 3 case studies

A man reads the Chicago Tribune announcing President Lyndon B. Johnson’s decision not to run for reelection in 1968. Corbis/Getty Images     By Kevin J. McMahon, Trinity College and Michael Paris, College of Staten Island, CUNY     After President Joe Biden’s disastrous performance at the June 27, 2024, debate, many Democrats have raced to ring the alarm bell, proclaiming that it’s time for him to step aside, time to […]

today2 July, 2024

Lifestyle

How do I plan for my retirement? Step one – start right away

      By Bomikazi Zeka, University of Canberra     Planning for retirement is important because it will help you build the nest egg you’ll need to financially sustain your retirement years. Past studies have shown that those who plan for their retirement are more likely to be better off at retirement compared to those don’t. The sooner the planning process gets underway, the better. This gives your money […]

today24 May, 2024

Africa

South Africans uncertain about two-pot retirement system

The two-pot retirement system comes into effect on 1 September 2024 in South Africa. It allows people to withdraw a portion of their retirement funds before reaching retirement age. The rest will be preserved to sustain them post-retirement. However, many South Africans remain concerned as to how it will work and its impact. We asked Local Pension Fund Expert Arthur Kröhnert for his opinion on the matter.

today23 April, 2024

Namibia

Police leadership development course starts in Tsumeb

  The Namibian Police Force’s Inspector General, Lieutenant-General Joseph Shikongo, has urged police officers not to disregard society during their tenure in the police system. Speaking on Monday during the opening of a leadership development training course attended by deputy commissioners at Tsumeb, Shikongo stressed the importance of officers acknowledging their connection to society while in uniform. He said they should recognise their roots and remember that they will eventually […]

today9 January, 2024