MVA ready for most notorious months.edited
MVA ready for most notorious months.edited

MVA ready for deadly December

• Getting ready for festive season
In 2021, the MVA fund paid out 2 741 claims valued at N$71 million, and in 2022, 2 581 claims amounting to N$62 million were settled. 
Elizabeth Kheibes
The Motor Vehicle Accident (MVA) Fund CEO, Rosalia Martins-Hausiku, said on Friday that the fund is ready for December, when car crashes are expected to rise steeply again.

Martins-Hausiku said this during a media information engagement where she highlighted the fund's aggression towards safety on the roads.

"It still looks like we're going to end the year with a decline in crashes and fatalities because we are now past the notorious months of June, July, and August because of the trade fairs and the Heroes Day celebrations.

"Those are quite notorious for us. But now it's going to quiet down a bit, and then in December, during the festive season, it rises again. So we're going to be very aggressive again this December so that we can maintain the low fatalities," she said.

She noted that the fund has seen a decline in crashes and fatalities over the last three years. In 2021, the fund recorded 3 104 crashes, 550 fatalities, and 5 458 injuries.

Last year, it recorded 3 070 crashes, 466 fatalities, and 5 262 injuries.

Between January and August this year, the fund recorded 1 943 crashes, 264 fatalities, and 3 457 injuries.

Not over yet

The fund revealed that annually, it budgets for N$200 million in claims, and so far between January and August, they've spent just over N$25 million on 1 552 claims.

Martins-Hausiku said clients have 12 months to file claims, so the claims might still increase.

"The year is not over, so the amount for claims might still increase within the next few months," she said.

The claims cover funeral costs, injury, loss of support, and income. In 2021, the fund paid out 2 741 claims valued at N$71 million, and in 2022, 2 581 claims amounting to N$62 million.

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Namibian Sun 2024-05-14

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Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 357.05/OZ UP +0.79% | Copper US$ 4.85/lb UP +2.20% | Zinc US$ 3 006.00/T UP 0.27% | Brent Crude Oil US$ 82.81/BBP DOWN -0.0124 | Platinum US$ 1 036.97/OZ UP +3.56% Sport results: Premier League: Aston Villa 3 vs 3 Liverpool | Manchester United 0 vs 1 Arsenal | Nottingham Forest 2 vs 3 Chelsea | Newcastle 1 vs 1 Brighton | Wolves 1 vs 3 Crystal Palace | Everton 1 vs 0 Sheffield United | West Ham 3 vs 1 Luton Town | Bournemouth 1 vs 2 Brentford | Tottenham Hotspur 2 vs 1 Burnley | Fulham 0 vs 4 Manchester City LaLiga: Barcelona 2 vs 0 Real Sociedad | Real Betis 3 vs 2 Almería | Valencia 0 vs 0 Rayo Vallecano | Atletico Madrid 1 vs 0 Celta Vigo | Cadiz 1 vs 0 Getafe | Athletic Club 2 vs 2 Osasuna | Granada 0 vs 4 Real Madrid | Villarreal 3 vs 2 Sevilla | Mallorca 1 vs 0 Las Palmas SerieA: Fiorentina 2 vs 1 Monza | Lecce 0 vs 2 Udinese | Atalanta 2 vs 1 AS Roma | Juventus 1 vs 1 Salernitana | Genoa 2 vs 1 Sassuolo | Hellas Verona 1 vs 2 Torino | SS Lazio 2 vs 0 Empoli | AC Milan 5 vs 1 Cagliari | Napoli 0 vs 2 Bologna European Championships Qualifying: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United English Championship: West Bromwich Albion 0 vs 0 Southampton | Norwich City 0 vs 0 Leeds United Weather: Katima Mulilo: 13° | 31° Rundu: 13° | 30° Eenhana: 17° | 32° Oshakati: 17° | 32° Ruacana: 18° | 32° Tsumeb: 15° | 28° Otjiwarongo: 13° | 27° Omaruru: 13° | 29° Windhoek: 12° | 25° Gobabis: 14° | 25° Henties Bay: 15° | 32° Wind speed: 26km/h, Wind direction: S, Low tide: 13:52, High tide: 07:51, Low Tide: 02:00, High tide: 20:47 Swakopmund: 17° | 24° Wind speed: 27km/h, Wind direction: SW, Low tide: 13:50, High tide: 07:49, Low Tide: 02:00, High tide: 20:45 Walvis Bay: 20° | 32° Wind speed: 30km/h, Wind direction: SW, Low tide: 13:50, High tide: 07:48, Low Tide: 02:00, High tide: 20:44 Rehoboth: 14° | 26° Mariental: 15° | 29° Keetmanshoop: 19° | 30° Aranos: 16° | 28° Lüderitz: 18° | 35° Ariamsvlei: 19° | 31° Oranjemund: 14° | 29° Luanda: 24° | 27° Gaborone: 13° | 27° Lubumbashi: 13° | 27° Mbabane: 12° | 24° Maseru: 9° | 24° Antananarivo: 14° | 22° Lilongwe: 13° | 26° Maputo: 19° | 26° Windhoek: 12° | 25° Cape Town: 16° | 20° Durban: 17° | 26° Johannesburg: 15° | 23° Dar es Salaam: 23° | 31° Lusaka: 16° | 26° Harare: 12° | 23° Economic Indicators: Currency: GBP to NAD 23.09 | EUR to NAD 19.87 | CNY to NAD 2.54 | USD to NAD 18.38 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.3 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.71 | ZWL to NAD 0.04 | BRL to NAD 3.55 | RUB to NAD 0.2 | INR to NAD 0.22 | USD to DZD 133.86 | USD to AOA 834.06 | USD to BWP 13.6 | USD to EGP 46.8 | USD to KES 129.48 | USD to NGN 1498 | USD to ZAR 18.38 | USD to ZMW 25.25 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 78632.56 Down -0.07% | Namibian Stock Exchange (NSX) Overall Index 1710.9 Down -2.52% | Casablanca Stock Exchange (CSE) MASI 13501.46 Down -0.29% | Egyptian Exchange (EGX) 30 Index 25339.77 Down -0.16% | Botswana Stock Exchange (BSE) DCI 9151.06 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 357.05/OZ UP +0.79% | Copper US$ 4.85/lb UP +2.20% | Zinc US$ 3 006.00/T UP 0.27% | Brent Crude Oil US$ 82.81/BBP DOWN -0.0124 | Platinum US$ 1 036.97/OZ UP +3.56%