Employees of the Namibia Financial Institutions Supervisory Authority (NAMFISA) are on strike over a wage dispute. They are demanding a salary increase of 8%, while the company only offered 6%. Approached for comment, NAMFISA’s Spokesperson Victoria Muranda says the union’s demands are unrealistic. She says the board already approved the 6% increment for all employees with effect from 1 April 2019 while the union’s letter containing a demand for 8% came after the 6% was already approved in June. In addition, Muranda says NAFINU is acting outside its mandate in dictating what remuneration to be paid to management. Despite the strike she says business will continue as usual although hiccups may be experienced here and there.
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December 6, 2025

