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Employer non-compliance with SSC contributions denies employee benefits

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Failure by employers to contribute to the Social Security Commission (SSC) has resulted in employees not receiving benefits from the commission.

This happens in many cases when workers need it the most in situations such as retrenchments and maternity leave.

Namfisa CEO highlights regulatory challenges

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The Chief Executive Officer of the Namibia Financial Institutions Supervisory Authority (Namfisa), Kenneth Matomola, has raised concerns regarding the current regulatory framework, saying it hampers Namfisa’s ability to fulfil its mandate.