The Namibian Financial Institutions Supervisory Authority (NAMFISA) as a responsible corporate citizen plays a meaningful role in society by funding projects and activities that positively contribute to national development in Namibia.

In this regard, NAMFISA identified and supported activities within communities through which it created the highest level of positive impact given the limited resources at its disposal.

During the official handover ceremony of beneficiaries which took place recently in Windhoek, NAMFISA’s CEO Mr Kenneth Matomola explained that consumers of financial services extend across Namibia, therefore sponsorships and investments should be representative as such.

“The corporate social responsibility operations are enshrined in NAMFISA CSRIPolicy that focuses on the following areas: Educational initiatives, Sports, Arts and Culture, General (i.e. health, national concerns), and Informational Communication Technology,” matomola said, adding that NAMFISA encourages its employees to actively participate in CSRI initiatives through identifying deserving causes or volunteering their time.

During the current financial year, the Authority committed N$262 500.00 towards the following qualifying beneficiaries:

  1. UNAM Postgraduate Student Support Services (Khomas Region) – Donation of 10 Desktop PCs and related software towards the Post Graduate Department.


  1. National Youth Service and Public Enterprise Sports Games (Otjozondjupa Region) – Sponsorship towards upgrading the sports field for the upcoming Sports Games scheduled for 31 May to 3 June 2023 in Rietfontein at the NYS Youth Sports Centre.


  1. My Culture My Pride Project (National) – Sponsorship towards the My Culture My Pride project that aims to promote arts and culture among the youth through community engagements, school engagements, competitions, and campaigns across the country.


  1. Zambezi Regional Council (Zambezi Region) – Sponsorship of furniture to the Siseme Combined School in the Bukalo Circuit.


  1. Ohangwena Governor’s Office (Ohangwena Region) – Sponsorship towards schools’ infrastructure initiative in the region.


  1. Parliamentary Standing Committee and Economics and Public Administration (Oshikoto Region) – Sponsorship towards the Niigambo Combined School in Omuthiya.


  1. Kunene Regional Council’s Development Fund (Kunene Region) – Sponsorship towards assisting learners to pay for tertiary education.


  1. Shack Dwellers Federations (National) – Sponsorship through Standard Bank’s Buy-a-Brick Project to assist vulnerable communities in need of shelter.


  1. Ohangwena Youth for Change (Ohangwena Region) – Sponsorship towards sports tournament.


  1. Young Men’s Christian Association (YMCA) Namibia (Khomas Region) – Sponsorship towards health education and sports project in Groot Aub.


  1. Orange Babies Foundation Namibia – Sponsorship towards foundation that supports vulnerable communities.


  1. Inge’s Kindergarten (Khomas Region) – An initiative in collaboration with the Yetu Social Club members. NAMFISA and the Social Club collectively donated a secondhand playground and nonperishable food items to the kindergarden.


  1. Marembo Foundations Spoon for Hope Soup Kitchen (Khomas Region) – An initiative that came from the staff and facilitated by the Yetu Social Club. The Sponsorship went towards supporting the Men on the Side of the Road with meals.


  1. The Namibian Newspaper (Khomas Region) – Sponsorship towards an intern journalist for a period of 6 months


  1. Consumer News (Khomas Region) – Sponsorship towards the monthly publication for a camera and equipment as well as advertising mileage.


  1. Highline Secondary School (Khomas Region) – Sponsorship of tables and chairs to the school.


In the photo: The Namibian Financial Institutions Supervisory Authority (NAMFISA).