The Government Institutions Pension Fund (GIPF) benefit payments in the last five years between 2019 and 2023 totalled N$27 billion while employee contributions received over the same period amounted to N$22.4 billion, insights from GIPF’s integrated annual report for the 2023 financial year reveal. This indicates a 20% higher pay-out in benefits compared to employee...
Tag: contributions
FNB Namibia sponsors World NGO Day, recognizing humanitarian contributions
FNB Namibia, in partnership with the Namibia Development Trust (NDT), announced its sponsorship of World NGO Day 2024, honoring individuals dedicated to humanitarian causes. The event, celebrated on 27 and 28 February under the theme “Building a Sustainable Future: The Role of NGOs in Achieving the Sustainable Development Goals (SDGs),” highlights the crucial role NGOs...
IN MEMORY | NANSO reflects on contributions of late Dr. Hage Geingob to the state of education – nbc
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Geingob praised for his contributions to Namibia
President Hage Geingob’s lawyer, Sisa Namandje, has described Geingob as a distinguished freedom fighter, a liberation icon, and a public servant of exceptional skill. Namandje said this at a memorial service at Geingob’s house in Windhoek on Tuesday. Geingob died in Windhoek on Sunday. He was 82. In his statement, Namandje lauded Geingob’s contributions to...
NWR lauds Geingob’s contributions to tourism and conservation – Windhoek Observer
Martin Endjala While paying tribute to President Hage Geingob, the Namibia Wildlife Resorts (NWR) stressed the significant advancements made in the tourism industry and conservation sectors under his leadership. Acknowledging the vital contribution of tourism to the Gross Domestic Product (GDP), President Geingob was praised for his dedication to ensuring the safety and security of...
Amended fund rules open builders’ pension fund for higher contributions
Changes to the rules of the Namibian Building Workers Pension Fund that allow higher contributions from members and employers, have made the fund more attractive as a retirement vehicle for employees and professionals in the build environment. The fund’s Principal Officer, Enwich Kazondu said “the recent amendment of Rule 4 (Contributions) of the Fund Rules...
FlyNamibia hosts inaugural Agent Awards Gala recognising outstanding contributions
FlyNamibia recently hosted its premiere FlyNamibia Agents Awards, spotlighting the exceptional achievements of travel agents pivotal to the airline’s remarkable success. Themed “Glamour of the Golden Age of Travel,” the evening evoked nostalgia for an era synonymous with elegance and sophistication in air travel. FlyNamibia took the opportunity to recognise both individual agents and agencies...
The impact of collective contributions for Sustainable Development – Business Express
By Joachim Komeheke The concept of sustainable development has evolved over the past decades. These changes are rooted in the global community’s numerous environmental and social awareness achievements. Namibia is an excellent example of how far we have come in driving sustainable development, particularly in ensuring the protection and conservation of our natural environment, an...
The impact of collective contributions for Sustainable Development
By Bank Windhoek’s Sustainable Finance and Environmental, Social and Governance (ESG) Analyst, Joachim Komeheke The concept of sustainable development has evolved over the past decades. These changes are rooted in the global community’s numerous environmental and social awareness achievements. Namibia is an excellent example of how far we have come in driving sustainable development, particularly...
Contributions towards late Ambassador Hishongwa’s funeral
Staff Reporter NAMIBIANS have once again demonstrated their togetherness after news broke about the passing on of Ambassador Hadino Hishongwa on the 1st of September. Messages of condolences poured in and so did monetary and in-kind contributions towards the costs of the funeral. An amount of more than N$160 000 and eight oxen were contributed...