News

Published on 31 January, 2018

Viceroy Research recently released a report in which it alleges that Capitec has been engaging in what it called "reckless lending practices". As a result, Capitec’s shares were trading down by as much as 20% on Tuesday 30 January 2018.

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Published on 18 January, 2018

This is our first news update for 2018 and we, at the NFMW, wish you and your loved ones a year filled with peace, prosperity and happiness. We are excited about the year ahead and will, as always, keep you informed about what is happening in the fund through our regular updates.

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Published on 7 December, 2017

The National Fund for Municipal Workers (NFMW) is in the process of conducting trustee elections to fill four (4) vacancies on the Board of Trustees. 

In accordance with the rules of the fund the following seats are up for election:

Gauteng -  1 member

Western Cape, Eastern Cape and Northern Cape combined -  1 member

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Published on 20 November, 2017

The 2016/2017 Annual report is included in this month's edition which provides an overview of the fund's activities. You can watch the video on the key highlights for this period and download the complete document by clicking on the links below.

Please feel free to contact us if you have any questions or require assistance with fund-related matters.

Kind regards

Sean Samons
Principal Executive Officer

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Published on 27 October, 2017

We are in the final stretch to the end of 2017 and I think most of us are looking forward to a well-deserved break in December. The NFMW had another successful year. The latest Annual report that provides an overview of the fund's activities will be e-mailed to members at the end of November with a hard copy of the report going in the mail during December.

Enjoy reading this edition of the monthly mailer and please feel free to contact us if you have any questions or require assistance with fund-related matters.

Kind regards

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Published on 18 October, 2017

From the office of the Principal Executive Officer - It was recently confirmed that Government intends to push forward with the introduction of a National Social Security Fund (NSSF). This centrally managed public fund is aimed at providing pensions, death, disability benefits and unemployment benefits and will operate on a defined-benefit basis.

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Published on 29 September, 2017

NFMW-greetings

We are pleased to report that the respective NFMW investment portfolios are continuing to outperform their investment objectives. The latest portfolio returns are provided in this edition and also uploaded onto the fund website on a monthly basis. Members can register for the interactive facility, which enables them to access information on their current risk cover options, investment portfolios selected and their updated fund credit.

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Published on 12 September, 2017

The NFMW is honoured to have received this prestigious award which confirms our commitment to reach our objectives which are; to always keep our members informed about what is happening in their fund, educate them so they understand the benefits they enjoy as members, guide and provide them with the necessary tools through ongoing personal interaction and equip them to make informed decisions to ultimately retire financially sound.

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Published on 31 August, 2017

Enjoy reading this edition of the monthly mailer, which includes an article on divorce claims submitted to the fund and the latest portfolio investment returns declared.

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