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State makes first payment of rent to Nambawan Super

State makes first payment of rent to Nambawan Super

Last Friday, the State presented a cheque of K50 million as the first tranche for the agreed payment of the outstanding K130 million in rental arrears. The parties agreed to settle the total amount owed to the Fund in three instalments to ease the strain that the...

New levy will harm members’ retirement savings

New levy will harm members’ retirement savings

Nambawan Super Limited (NSL) supports BSP’s statement that rejects the secretive new revenue measures included in the proposed Papua New Guinea 2022 Budget.  No consultations had been undertaken with any of the Authorised Super Funds (ASFs) or key stakeholders about...

Nambawan Super ground breaking for Waigani Office Complex

Nambawan Super ground breaking for Waigani Office Complex

Today marked the ground breaking ceremony for the commencement of work on Nambawan Supers’ new Waigani Office Complex on Kumul Avenue, Port Moresby.  Mr. Reginald Monagi, Chairman of the NSL Board, said that the Fund will move its Head Office to the new Waigani Office...

NSL responds on State SOEs

NSL responds on State SOEs

Nambawan Super Limited Chairman, Mr Reg Monagi, responded to the National Executive Council’s push to privatise State Owned Entities (SOEs) through the superannuation industry. The statement was issued following claims that the PNG Government is pursuing a reform...

Nambawan Super remains ‘Cautiously Optimistic’

Nambawan Super remains ‘Cautiously Optimistic’

Most people are cautious in times of uncertainty. In Papua New Guinea, while we remain cautious due to the global Covid-19 pandemic, it’s also important to remain optimistic and take opportunities as they arise. Nambawan Super’s CEO Paul Sayer and Chief Investment...

NSL supports Midwifery Symposium

NSL supports Midwifery Symposium

Nambawan Super Limited (NSL) is pleased to have joined its Members from the medical fraternity at the fourth PNG Midwifery Symposium as participants and stakeholders came together to support the important work of PNG’s midwives. The recent symposium took place in Port...

NSL supports IRC tax awareness in Mt Hagen

NSL supports IRC tax awareness in Mt Hagen

Nambawan Super Limited (NSL) is pleased to have been a part of the recent Internal Revenue Commission’s (IRC) General Tax Awareness Workshop, held in Mt Hagen. The awareness focused on educating registered taxpayers about how to complete and submit tax returns and...