• Contact Us
  • About Us
  • Advertisement
  • Privacy & Policy
Thursday, July 3, 2025
SUBSCRIBE
The Brief | Namibia's Leading Business & Financial News
13 °c
Columbus
19 ° Tue
21 ° Wed
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
  • e-edition
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
TB image banner 750x140
Home Business & Economy

SSC governance structure under review

by editor
November 11, 2024
in Business & Economy
14
A A
366
SHARES
6.1k
VIEWS
Share on FacebookShare on TwitterShare on LinkedIn

The Social Security Commission (SSC) has initiated a review of its governing act to align with the latest developments and enhance operational efficiency.

You might also like

Namibia seeks stronger U.S. partnerships at Africa Business Summit

April inflation rises to 3.6%, driven by food and housing costs

NamRA uncovers N$666,000 tax refund fraud scheme

The SSC’s Chief Executive, Milka Mungunda, explained that the current act, being outdated, contains provisions that hinder progress in certain areas.

For instance, she said while the Bank of Namibia has phased out the use of cheques, the SSC still requires them due to outdated legislation.

“We are reviewing our act, which is a little bit old, and there are certain provisions in it that are not in line with the latest developments. Once the act is amended, there are certain things we can do to move faster,” said Mungunda at a recent Information Sharing Session.

This comes as the Social Security Commission was established by Parliament under the Social Security Act of 1994 (Act No. 34 of 1994).

One of the significant challenges SSC faces is the technological aspect of its operations.

While progress has been made, Mungunda pointed out that there is still room for improvement, particularly in moving away from traditional methods.

Furthermore, the SSC has been working on revising its ceiling for maternity benefits in compliance with the International Labour Organisation (ILO) convention.

Despite these efforts, challenges persist, particularly for those injured on duty, where the act’s restrictions limit the improvements that can be made to certain benefits.

“We have a ceiling, and we are always revising it, but when it comes to certain benefits, we cannot improve because the act restricts us. These are the challenges we are looking at,” noted Mungunda.

Another concern raised by the public involves early retirement. While the SSC Act stipulates payouts at age 60, questions have been raised regarding payment options for individuals retiring before that age.

She acknowledged the issue and said the SSC is in discussions with the Office of the Prime Minister to address the matter.

“The act strongly provides for payments up to the age of 60, but we’ve received many concerns about early retirement, and it’s something we are looking into,” Mungunda confirmed.

Meanwhile, SSC is advancing its digital transformation to enhance efficiency and streamline operations.

The commission has rolled out several digital services, including online submission of Form Ten and electronic payments, reducing the need for in-person visits. A chatbot now assists users with queries.

“We are moving towards fully digitising our systems. Employers can now submit forms, check contributions, and request good-standing certificates from their desks. Payments can be made through EFT, reflecting immediately in our system,” said Mungunda.

SSC has also introduced digital cashiers across its offices, phasing out cash transactions to minimise risk. Employees involved in cash collection are being retrained to support the digital shift.

“We are moving away from handling cash due to the risks involved. We’re retraining and upskilling our staff to take on new roles, ensuring no one is retrenched during this process,” Mungunda explained.

author avatar
editor
See Full Bio
Tags: bank of namibiaeconomyfinancegoverning actMilka Mungundanamibianamibia newsSSC
Share146Tweet92Share26
Previous Post

Paratus targets 600,000 new connections

Next Post

Sustaining the future of broadcasting in Namibia

Recommended For You

Namibia seeks stronger U.S. partnerships at Africa Business Summit

by reporter
June 23, 2025
0
Namibia seeks stronger U.S. partnerships at Africa Business Summit

Namibia will participate in the 2025 U.S.-Africa Business Summit, with the country’s attendance aimed at deepening economic ties with the United States and promoting investment and trade opportunities....

Read moreDetails

April inflation rises to 3.6%, driven by food and housing costs

by reporter
May 13, 2025
0
April inflation rises to 3.6%, driven by food and housing costs

Namibia’s annual inflation rate rose to 3.6% in April 2025, primarily fuelled by increases in food and housing-related costs, the Namibia Statistics Agency (NSA) has reported. According to...

Read moreDetails

NamRA uncovers N$666,000 tax refund fraud scheme

by editor
May 5, 2025
0
NamRA uncovers N$666,000 tax refund fraud scheme

The Namibia Revenue Agency (NamRA) has uncovered a fraudulent scheme that resulted in the illegal payout of tax refunds totaling more than N$666,000 between January and April 2025,...

Read moreDetails

141,000 non-compliant businesses face deregistration by BIPA

by editor
May 2, 2025
0
141,000 non-compliant businesses face deregistration by BIPA

More than 141,000 businesses in Namibia are at risk of being deregistered after the Business and Intellectual Property Authority (BIPA) began a phased process to remove entities that...

Read moreDetails

Namibia to create 3,600 jobs through global accelerator project

by editor
April 30, 2025
0
Namibia to create 3,600 jobs through global accelerator project

Namibia is set to roll out the Global Accelerator project during the current financial year, aiming to generate over 3,600 jobs through the biomass sector and other sustainable...

Read moreDetails
Next Post
Sustaining the future of broadcasting in Namibia

Sustaining the future of broadcasting in Namibia

Related News

Namibia finalizing oil sector local participation policy

Namibia finalizing oil sector local participation policy

March 8, 2023
Navigating risk management for sustainability

Navigating risk management for sustainability

July 31, 2024
Bank of Namibia to introduce new notes and coins 

Bank of Namibia to introduce new notes and coins 

March 5, 2025

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist

No Result
View All Result
  • Home
  • Companies
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2025 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.