The lack of a formal decision by the government to construct a fence between Angola and Namibia and funding are hampering the government’s 12-year plan to remove the veterinary cordon fence (redline). In the preliminary report on the progress of the second land conference in 2018, the government says the redline, which splits Namibia into...
Tag: funds
Retirement Funds Institute of Namibia gears up for annual conference
The Retirement Funds Institute of Namibia will host its 16th annual Conference from 21-22 September 2023 at Droombos, Windhoek, under the theme, “Towards a Relevant, Resilient and Resourced Future – Putting the “R” back into Savings”. Here is Sabrina Jacobs, the institute’s Vice-Chairperson. https://futuremedia.com.na/wp-content/uploads/2023/08/ENG-Sabrina-Jacobs-conference.mp3 Source link
Avail funds for medicine to be readily available, Govt told – Windhoek Observer
Stefanus Nashama POPULAR Democratic Movement (PDM) Elders Council has asked government to grant additional funds to the Ministry of Health and Social Services (MoHSS) in order for the Ministry to be able to furnish government hospitals and clinics with readily available medicines and health passports. The Council also recommended that government provide suitable and sufficient...
The Role of Pension Funds in Promoting Financial Literacy
The significance of financial and pension literacy in enhancing retirement planning and overall financial decision-making cannot be overstated. Not only can it have a profound influence on an individual’s saving habits, it can contribute to Namibia’s economic growth. According to the 2013 Financial Literacy Baseline Survey, the average Namibian above the age of 16 scored...
St Mary’s church renovation underway, more funds required
Maria David THE Anglican mission St Mary’s parish at Odibo in the Ohangwena Region will be hosting a fundraising event to raise money for the renovation of their church. The building has met its cracks and requires tremendous renovation if it is to stand for many years to come. The church was established in August...
UK offers relocation funds to unlawful non-UK citizens
Staff Reporter THE UK Government has introduced a voluntary repatriation program for non-UK citizens living in the country unlawfully. This initiative includes financial assistance of up to £3 000, approximately N$60 000 in Namibian currency, to support their relocation back to their home countries. The provided funds are intended to help them secure accommodation, seek...
The Role of Pension Funds in Promoting Financial and Pension Literacy among Members, Pre-pensioners, and Pensioners.
By Vincent Shimutwikeni The significance of Financial and Pension literacy in enhancing retirement planning and overall financial decision-making cannot be overstated. It exerts a profound influence on an individual’s saving habits which could contribute to the economic growth of Namibia. According to the 2013 Financial Literacy Baseline Survey, the average Namibian above the age of...
Namfisa will not prevent voluntary dissolution of medical aid funds – WINDHOEK OBSERVER
Martin Endjala The Namibia Financial Institutions Supervisory Authority (Namfisa) has reiterated that in terms of its prudential supervision of medical aid funds, it does not necessarily prevent the liquidation or voluntary dissolution of such funds. Namfisa stated that its function is merely to reduce the likelihood of liquidation or dissolution as other unforeseen factors may...
Trigon raises funds for Kombat mining operations
Canadian company Trigon Metals, which has operations in Namibia and Morocco, is raising funds for further mineral exploration at its Namibian projects. According to Trigon’s chief executive officer, Jed Richardson, the company closed its previously announced private placement offering of units after which it issued 25 million units at a price of US$0,20 per unit...
Capricorn commits funds to poverty alleviation
The Capricorn Foundation has made available N$750 000 to support vulnerable communities. The foundation has committed the funds through its implementation partner, Imago Dei Welfare and Poverty Relief Association. Some of the projects funded include Hope for Life Foundation, Burgershoek Children Community Project, Grace Welfare Project, Namibia Christian Women Aid Society, and Family of Hope Services....