Business Reporter NAMIBIANS will be given a another chance to have their say in public consultations on the Financial Institutions Markets Act which has brought about much debate for one of it’s clause that oppose the common practice of withdrawing of retirement savings early to meet short term financial needs. The FIMA was blasted for...
December 28, 2024
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August 16, 2023August 16, 2023Uncategorized
N$28 million earmarked for Air Namibia Retirement Fund Payouts
Employees bemoan money still frozen in investments Staff Reporter The Namibia Financial Institutions Supervisory Authority (Namfisa) has released the figures for the retirement fund of Air Namibia, with a total of N$28,017,834.24 earmarked for payout to former employees in the retirement fund’s preliminary liquidation and distribution account. However, employees have expressed dissatisfaction with the current...