10
May
Hertta-Maria Amutenja The Financial Institutions and Markets Act of 2021 (FIMA) Technical Committee will be officially inaugurated by Finance Minister Iipumbu Shiimi next week. Wilson Shikoto, the Finance Ministry’s Spokesperson announced that Shiimi referred the Act, which has been experiencing issues with the preservation of retirement benefits, to a technical committee last year. “The Minister will inaugurate the technical committee for consultation. The committee is going to consult on the standard and regulations of FIMA. When people were concerned with the FIMA regulations last year, it was then suspended to allow enough time for consultations,” Shikoto said. The committee will…
