Annual Employer Conference 2022

The Fund informed attendees at its recent Annual Employer Conference 2022, and Nambawan Super Chairman, Reg Monagi explained that the Fund is expecting to encounter a number of challenges in 2022 and in the future.

However, he said the Fund is always actively looking at effective ways to counteract these challenges to deliver the best possible results for their over 214,000 Members.

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.

Nambawan Super Chairman, Reg Monagi, remarked that the conference this year successfully connected Employers with the Fund, enabling them to understand and provide feedback on the Fund’s new initiatives, upcoming challenges and opportunities available for both Employers and Members.

“Since the onset of the Coronavirus Pandemic, we have had limited face-to-face interactions. But as a Fund, we recognise how valuable these are, and are thankful that it is now possible to welcome our Employers in person.