Namibia Special Risks Insurance Association (NASRIA) handed over a dividend of N$10 million for the 2023 financial year to its sole shareholder, the Namibian Government.

The company has attributed its improved performance to sound governance and dedication to delivering on its mandate.

Adrians Vugs, NASRIA's Board Chairperson, says that despite the economic headwinds that have faced the country, the current dividend payment is a testament to NASRIA’s resilience and ability to adapt to changing dynamics in the financial services sector and the economy at large.

The Bank of Namibia has declared a dividend of N$413. 7 million to the government. 

The dividend was handed over at the launch of the bank's 2022 Annual Report in Windhoek. 

Commending the bank, on behalf of the government, was the Deputy Minister of Finance who noted that the dividends will make a difference in the lives of the less privileged, previously marginalized communities as well as in building the economy.