Financial Institutions and Markets Act

Erongo governor calls for accountable and transparent governance

Erongo governor calls for accountable and transparent governance

Niël Terblanché Neville Andre, the governor of the Erongo region, stressed the vital importance of effective public administration in shaping the future of Namibia, while officially opening a five-day workshop in Swakopmund aimed at enhancing public service delivery. The workshop, hosted by the Parliamentary Standing Committee on Economics and Public Administration, is centred around the theme, “Maximizing the Potentials of Public Administration, Public Service Management, and Public Service Delivery in Namibia.” Andre stressed that a well-functioning public administration is essential for the efficient and transparent operation of any government, including Namibia's. "An efficient, responsive, transparent, and accountable public administration is…
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FIMA enactment put on hold

FIMA enactment put on hold

Martin Endjala Feedback on the concerns of the public and stakeholders regarding the Financial Institutions and Markets Act will be shared by the Namibia Financial Institutions Supervisory Authority (Namfisa) during the last quarter of this year. This was announced by Namfisaá corporate communication and consumer education manager, Victory Muranda in a media statement on Friday. Muranda also said that the controversial regulations regarding retirement benefits claims will also not be introduced on 1 October as initially planned. The public was particularly opposed to the draft regulation that persons younger than 55 years can only claim 25 percent of their pension…
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