Emotions ran high at the Ministry of Finance and Public Enterprises consultation on the Financial Institutions and Market Act (FIMA) regulation on the preservation retirement benefit fund at Eenhana.

Participants also highlighted that a lack of financial literacy in Namibia is a burden that needs action to educate the nation on financial matters.

One of the Technical Advisory Committee members conducting consultations, Martino Olivier, felt that the participants did not give the committee time to respond to their concerns.