Namibia Building Workers Pension Fund Disability Benefits

DID YOU KNOW?

Disability Benefits are included in the Namibia Building Workers Pension Fund

Member is classified as disabled if Aprevented for the duration of the waiting period by injury, surgical operation or disease from carrying out their own occupation or any other occupation which they are suited or could become suited to, taking into account their age, education, training, knowledge, ability or experience. The Registered Insurer must be convinced that the Member's disablement is total and permanent. A Member who was accepted as being disabled will be entitled to a benefit equal

in amount to the benefit that would have been payable, if they had died on the day they became disabled. The benefit is subject to a maximum benefit as may be specified from time to time by the Registered Insurer. The current benefit UPDATEEmployer’s Information amount is N$35,000. The waiting period is a period of absence from the employer’s (For Online Good Standing Certificate Application Process) service equal to 6 consecutive months from the first day of absence from work. Payment of the disability benefit will be made in a lump sum.

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The Namibian Ports Authority records the second breakbulk shipment of copper Cathodes via the Port of Walvis Bay

Namport recorded a significant milestone when the Unisea vessel docked at the Port of Walvis Bay earlier this week, loading over 8,500 metric tonnes of Copper Cathodes destined to the Port of

Panama, United States of America.

The shipment is the second consignment of copper being exported via the Port of Walvis Bay in a breakbulk format as an alternative to containerized export.

The copper cathodes are from the Mopani Copper mine in Zambia and were transported to Walvis Bay via road and loaded onto the Unisea vessel. Due to the ongoing global shortage in containers, it has become a phenomenon for shippers to opt for their consignments to be carried by bulk vessels to ensure continuity of operations and less dependency on containers.

With Namibia’s ports being strategically located along the West Coast of Africa and supplemented by the country’s excellent road infrastructure which is rated number one in Africa, the country continues to play a leading role in the facilitation of trade via our transport corridors serving hinterland markets within SADC. connects it to other SADC countries namely; Trans Kunene connecting Namibia to Angola, the Walvis Bay Ndola Lubumbashi Development Corridor connecting to Zambia and southern Democratic Republic of Congo, Trans Kalahari Corridor connecting Namibia to Botswana and lastly the Trans Oranje corridor responsible for connecting Namibia to the Republic of South Africa.

The Namibian ports are not only strategically located, but the Ports Authority has furthered this advantage by investing into state of the art infrastructure and equipment in order to provide a superior customer service experience to everyone making use of its facilities at both ports.