Africa Links 24 with Shania Lazarus
Published on 2025-11-13 12:24:49
Finance minister Ericah Shafudah has approved the implementation of the Financial Institutions and Markets Act (Fima), excluding the contested retirement fund preservation rule.
The part of the act which allows a person to access 25% of their retirement fund with the remainder retained until they reach the age of 55 has, however, been rejected.
Namibia Financial Institutions Supervisory Authority (Namfisa) chief executive Kenneth Matomola announced this on Thursday.
“The minister…
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