Fima sloer steeds Die langverwagte Wet op Finansiële Instellings en Markte, of Fima, sal die bestaande wetgewing vir nie-bankinstellings vervang en deur Namfisa gereguleer sal word is steeds nie afgehandel nie. Konsultasies is moet nog in Khomas gehou word. Kenneth Matomola, die uitvoerende hoof van Namfisa, het ‘n opdatering oor die hangende Fima-wetgewing asook ander...
Emotions ran high at the Ministry of Finance and Public Enterprises consultation on the Financial Institutions and Market Act (FIMA) regulation on the preservation retirement benefit fund at Eenhana. Participants also highlighted that a lack of financial literacy in Namibia is a burden that needs action to educate the nation on financial matters. One of...
The Namibian Financial Institutions Supervisory Authority (Namfisa) says the Financial Institutions and Markets Act (Fima) is not only focused on preservation, but also addresses other aspects in the financial sector. This was said by Namfisa spokesperson Victoria Raimond (formerly Muranda) in an exclusive interview last week. “Fima is not exclusively focused on preservation, but encompasses...
Civil servants in the Kavango East Region are unhappy with the proposed Financial Institutions and Markets Act (FIMA) regulation of 75% preservation from their pension fund. The regulation only allows 25% access to the pension fund upon retirement. Civil servants raised their concerns at a consultation meeting with the Ministry of Finance. The government explained...