Momentum Namibia Blog

Millennial Investors who are looking to invest their N$ are faced with a much more diverse investment landscape than their parents.

Momentum Metropolitan Namibia, through their subsidiary Momentum Short Term Insurance Namibia (MSTIN) and Alexander Forbes Namibia Holdings have entered into a binding agreement, where Momentum Short Term Insurance Namibia will acquire all the issued shares of Alexander Forbes Insurance Namibia.

Momentum Namibia understands the difficulty many of our life insurance clients are experiencing due to the Covid-19 pandemic and we will support our clients as much as we can.

MSTI Namibia understands the difficulty many of our commercial clients are experiencing due to the Covid-19 pandemic and we will support our clients wherever possible.

In these extraordinary times, Momentum Metropolitan is committed to the health and well-being of our families, colleagues, customers, and partners. It is our top priority to maintain the business continuity needed to provide support and service to all our customers.

The decision to not invest in life insurance is generally based on a few assumptions that most people feel strongly about. The problem is that most of the focus is on why life insurance isn’t necessary, meaning that there is a complete disregard for why it is actually a necessity. Below is a list of some of the most common reasons identified by Momentum Namibia for not investing in life insurance, and why you should seriously rethink these reasons.

Having a financial plan that includes life insurance is the best way to ensure that you and your family are always taken care of financially, especially in the event that you become critically ill or disabled and can no longer earn a living, or in the event that you should pass away.

No business, is just a “business”. Every business began as a dream, one that was birthed into existence through determination, laboriousness and sacrifice. The bliss of owning a business also comes with inherent risks: An employee could get injured on the job; an unfortunate event could destroy property; a customer or a client could sue the business.

It is important to protect your assets from all those potential threats and unforeseen disasters. One of the best ways to do that is to make sure your business is adequately insured.

House insurance, a homeowners safety net. It helps break an otherwise nasty, rib breaking fall.

Let’s say you put your house up for rent, and one of the tenants throws an elaborate birthday party that goes a little out of hand, so out of hand in fact that no one can explain how there is a giant hole in the living room wall. Or in trying to remodel your home, your brother-in-law says his new construction company can do it at a cheaper price; you’re not convinced, but he’s family, so you let him do the job and he ends up bursting a water pipe, now your house is flooded. From reckless human behaviour, theft and unforeseen circumstances, without house insurance, you’re left to cover for the entire devastation. Which will surely do more financial damage, it is now up to you to cover the entire cost to repair the home.

Imagine a world where men and women are treated equally. A world where equal pay for equal work is a norm. A world where you are evaluated by your merits and not your gender. This is the kind of world that Ingah grew-up in. “My parents never made any distinction between boys and girls, we were treated the same, we got the same portions of food, my brothers would cook, the girls would clean the house and vice versa,” she explains.

MMI HoldingsNamibia is changing its name to Momentum Metropolitan Namibia Limited.

Lesley Rukoro talks of innovation, investment and customer satisfaction.

Johan Barnard the Chief Executive at Momentum Namibia Short-term Insurance speaks on the importance of investing in the right people in order to build the right business.

A sound financial future is something sought after by everyone, especially in the current unpredictable economic climate in which we find ourselves. Setting aside funds for retirement, making wise investment choices, making your hard-earned money work for you, and providing enough for your family, are all financial priorities that many focus on. In this blog post, we take a look at a few investment options available from Momentum, that can help ensure a secure financial future.