Nambawan Super Chairman, Reg Monagi said at the recent Annual Employer Conference 2022.
He said, “In 2021, we saw great improvements in returns from many of our investments as the global and local markets started recovering from the tough economic climates brought on by the Pandemic,” he said.
“Last year, the Fund achieved a net surplus of K526 million which resulted in the growth of its net assets to K8.8 billion and a declaration of a 6.5 percent crediting rate for our more than 214,000 Nambawan Super Members.