
The Brief is an online news portal and going source with a focus on the Namibian business sector, current affairs, companies and financial markets.
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There is a portion of Namibia’s population that is more financially and emotionally stressed than the rest and goes unnoticed by most. A Savings and Investment survey done by Old Mutual two years ago, indicated that 63% of Namibians are “sandwiched” between two generations who rely on them financially.
The Namibia Financial Institutions Supervisory Authority (NAMFISA) says there was no increase in the number of claims filed to short-term insurance companies following the December 2022 heavy rainstorm that damaged property worth millions of dollars in Windhoek.
We all strive to give our children the best we can, and building generational wealth is one way to help them on their journey to financial wellbeing.
At a recent information-sharing session hosted by the Social Security Commission (SSC) and the Ministry of Labour, the ILO, supported by Ministry of Labour, seems to be intent on imposing its model for a National Pension Fund.
The upcoming Bank of Namibia Monetary Policy Committee announcement scheduled for 14 June 2023 will be very significant as it will provide insights into the direction of the country's monetary policy.
The Minister of Finance and Public Enterprises Iipumbu Shiimi has on Tuesday summoned NamPower's management and board to discuss how to avert the electricity suspension which was deployed in northern and southern parts of the country, as a debt recovery mechanism.