Nambawan Super Limited (NSL)

Nambawan Super Members, with membership ID cards, can now enjoy an amazing 5 percent off mobile phones; 10 percent off all computers, drones and laptops above K5,000; and 15 percent off other selected products. 

CHM Group Managing Director, Raymond Chin said, “We are happy to be renewing this Partnership with NSL just in time for Christmas so that the 214,000 Nambawan Super Members can enjoy something special from us during the festive period and throughout 2023.” 

Nambawan Super Members, with membership ID cards, can now enjoy an amazing 5 percent off mobile phones; 10 percent off all computers, drones and laptops above K5,000; and 15 percent off other selected products.

CHM Group Managing Director, Raymond Chin said, “We are happy to be renewing this Partnership with NSL just in time for Christmas so that the 214,000 Nambawan Super Members can enjoy something special from us during the festive period and throughout 2023.”

The financial literacy program is delivered by fully certified NSL officers and covers five modules that cover the following topics:

Module 1 – Taking Charge of Personal Finances

Module 2 – NSL Superannuation Products and Services

Module 3 – Planning for Retirement

Module 4 – Buying Your Own Home

Module 5 – Financial Literacy Skills for MSMEs

Nambawan Supa Limited (NSL) and the National Cultural Commission (NCC) were pleased with the results of their recent partnership which led to 37 NCC staff receiving their Certificates of Completion for the training.

With the training the NCC staff are now equipped with the valuable skills needed to improve their financial wellbeing whilst they are working and when they retire.

The title was for the final portion of four land parcels owned by the Fund in trust for its more than 208,000 members. 
 
The Minister for Lands & Physical Planning, John Rosso, coordinated a small ceremony to recognise the efforts of all stakeholders involved to secure the final lease for NSL’s Nine-Mile land holdings. 
 
Upon receiving the land title, Dame Meg thanked Prime Minister Marape and the State for recognising NSL’s struggle to reclaim the land and for their efforts in ensuring all four portions were returned to NSL as the rightful owner. 

In a statement, NSL CEO, Paul Sayer, acknowledged the recent loan from Australia of AUD650 million (approx. PGK1.7 billion). "We anticipate that with this Budget support, the State is now in a much better position to quickly resolve the issue of the outstanding rental arrears owed to Nambawan Super and our members,” Sayer stated.
 

NSL previously informed its members on the NSL owned 9-Mile land Portions that there will be no exceptions made for members or any other organization, group or body illegally squatting on the land Portions.

To ensure the best development outcome, and lot configurations, the site must be vacant. Major civil works will be required across sites to deliver power, water, drainage and sealed roads.

These frontline workers include nurses, doctors, medical officers, teachers, police and correctional service officers who have continue to play a crucial role, in ensuring health, education and law and order services remain operational throughout PNG. 

“Nambawan Super congratulates our frontline workers in our towns and in remote parts of the country, for their commendable service. We recognise their efforts as they continue to serve under pressure with limited resources, staff shortage and even pay cuts in the toughest of times,” Nambawan Super Chairman, Reg Monagi said.

NSL held a held a groundbreaking ceremony for its new Waigani Office Complex in Port Moresby on Wednesday, 25^th of November.  

The building, which is expected to be completed in under two years, will provide vital cliental services for its members.

The new Waigani office complex will comprise of two new level office buildings, a separate warehouse and ample secure visitor car park. The ground floor will be used as the NSL head office.

The ceremony was held to kick-start the project with all stakeholders present to witness the important occasion.

In a statement, NSL said it is a disappointing outcome for all parties following months of negotiations.

NSL is currently seeking an alternative site and is hopeful that an orderly relocation of squatters can still be achieved. However, if no such site can be found, the Trustee of Nambawan Super will enforce their court-ordered rights to take vacant possession.

NSL has observed that some squatters are still openly building on the land and advises that to do so is ‘reckless’.