Search Results

INVITATION TO ALL ESTATE AGENTS AND AGENCIES Key Topics Include 1. Compliance Assessment Observations 2. Sanction Name Match Activity (SNMA) Reporting 3. STR/SAR Reporting Behaviour 4. Namibia Grey listing Update 5. AOB Join Meeting Here: https://teams.microsoft.com/l/meetup-join/19%3ameeting_YTUwNDBmNzQtMmQ3Ni00MzU5LThhY2MtN2Q4ZDdhODgzZjI2%40thread.v2/0?context=%7b%22Tid%22%3a%22825eab69-3cb1-4fb1-b171-d59088f5e632%22%2c%22Oid%22%3a%22ca63ae23-7b9b-47ea-8d8a-a5e1c247f788%22%7d Please contact Marvelous Ngarizemo at 061 - 285 0015 regarding the above session.

INVITATION TO ALL ESTATE AGENTS AND AGENCIES The Financial Intelligence Centre (FIC) cordially invites all estate agents, agencies, and nonpracticing members to attend the Real Estate Agents Sectoral Meeting on 15 April 2025. Agenda Items 1. Compliance Assessment Observations 2. Sanction Name Match Activity (SNMA) Reporting 3. STR/SAR Reporting Behaviour 4. Namibia Grey listing Update 5. AOB Meeting Date, Time, and Venue Date: 15 April 2025 Time: 09:30 to 11:30 Venue: Microsoft Teams MS Teams Link: https://teams.microsoft.com/l/meetup-join/19%3ameeting_YTUwNDBmNzQtMmQ3Ni00MzU5LThhY2MtN2Q4ZDdhODgzZjI2%40thread.v2/0?context=%7b%22Tid%22%3a%22825eab69-3cb1-4fb1-b171-d59088f5e632%22%2c%22Oid%22%3a%22ca63ae23-7b9b-47ea-8d8a-a5e1c247f788%22%7d Please contact Marvelous Ngarizemo at 061 - 285 0015 regarding the above session.

The Namibia Estate Agents Board (NEAB)  is seeking a highly skilled and proactive Accountant  to join our Administrative and Finance Division . If you have a passion for financial integrity and compliance, we encourage you to apply.

Protect Your Investment!! Consumers are warned only to use the services of estate agents registered with the NEAB and possessing valid fidelity fund certificates. When doing business with an estate agent/agency, consumers must ensure that the firm is registered with NEAB and has been issued a valid fidelity fund certificate for the year in question. NB!!! PLEASE MAKE SURE OF THE FOLLOWING BEFORE HANDING OVER TRUST MONEY DIRECTLY TO AN ESTATE AGENT Firstly, ensure the estate agent is registered with NEAB and possesses a valid fidelity fund certificate.   Then, ensure that the estate agent is employed by a firm registered with the NEAB and has an active trust account held at a registered bank in Namibia and that the trust money will be deposited into such trust account.   If unsure whether an estate agent or firm is registered with the Namibia Estate Agents Board, consumers are urged to contact us on 061 249885  or 0811221828  to confirm the estate agent's or firm's registration status before doing business or handing over trust money. TRUST MONEY MEANS Money entrusted to an estate agent in his/her capacity as an agent; Money collected or received by an estate agent and payable in respect of or on account of the sale, purchase, letting, hiring, market, or managing of immovable property; or Any other money, including insurance premiums, collected or received by an estate agent and payable in respect of any immovable property, business undertaking, or contract for the building or erection of any improvement on immovable property. For media enquiries, email to supervisor@neab.co.na Authorized by Mr. F.S. Unengu Manager: Namibia Estate Agents Board #NEAB #EstateAgentsNamibia #ConsumerProtection #TrustMoney #RealEstateSafety #FidelityFund

In Memory of the Founding Father On 11 February 2025 , Mr. Festus Unengu , the Manager of the Namibia Estate Agents Board (NEAB) , visited the residence of His Excellency Dr. Sam Shafiishuna Nujoma , Namibia’s Founding Father, to pay his respects following the nation’s loss. Mr. Unengu solemnly signed the book of condolences , extending his heartfelt sympathies to the family and the people of Namibia. He acknowledged Dr. Sam Nujoma’s unparalleled contribution to the country’s independence, development, and national identity. As the country unites in mourning, the NEAB stands in solidarity with all Namibians in honoring the profound legacy of His Excellency Dr. Sam Shafiishuna Nujoma . #RememberingNujoma #LegacyOfAStatesman Namibia Estate Agents Board (NEAB)

Preparing for Future Success!! On February 7, 2025, the Namibia Estate Agents Board (NEAB) proudly hosted its first induction training workshop for candidates who successfully passed their Principles of Real Estate Online Examination in December 2024. This milestone event marked the beginning of an exciting journey for aspiring estate agents in Namibia, equipping them with the necessary knowledge and skills to thrive in the real estate industry. The induction was a collaborative effort, bringing together key industry stakeholders, including the following: City of Windhoek (COW), Business and Intellectual Property Authority (BIPA), First National Bank (FNB), Financial Intelligence Centre (FIC), and the Public Accountants and Auditors Board (PAAB). Their involvement provided invaluable insights and guidance, reflecting the comprehensive approach NEAB takes in preparing new professionals for the field. The event commenced with warm welcoming remarks from Ms. Liberty Ithete , Board Member and Chairperson of the Education Committee, who emphasized the importance of continuous learning and professional integrity in the real estate sector. The keynote address, delivered by a distinguished representative from the Ministry of Industrialization and Trade , highlighted the critical role estate agents play in Namibia’s economic development and the importance of adhering to industry standards and regulations. Mr. Festus Unengu , Manager of NEAB, expertly facilitated the training workshop. His dedication ensured that all candidates received thorough and practical information essential for their registration as estate agents. The interactive sessions provided a platform for participants to engage with industry leaders, ask pertinent questions, and gain a deeper understanding of the regulatory and operational landscape of real estate in Namibia. This induction workshop not only celebrated the achievements of the new candidates but also reinforced NEAB’s commitment to fostering a well-informed, ethical, and professional real estate community in Namibia. Congratulations to all the inductees, and we look forward to witnessing your growth and success in the industry. #NEABInduction2025 #NamibiaRealEstate #FutureEstateAgents #ProfessionalGrowth #RealEstateTraining #IndustryLeaders #NEAB #EstateAgentsNamibia #RealEstateSuccess

In Memory of the Founding Father The Namibia Estate Agents Board joins the nation in mourning the passing of His Excellency Dr. Sam Shafiishuna Nujoma, the Founding President of the Republic of Namibia. His visionary leadership and unwavering dedication have left an indelible mark on our country. As we reflect on his life and contributions, we honor a man whose courage and commitment laid the foundation for Namibia's independence and growth. Born on May 12, 1929, in the Oshana Region of Namibia, Dr. Sam Nujoma's journey from a young activist to a national hero was defined by resilience and an unyielding spirit. As the leader of the South West Africa People's Organization (SWAPO), he played a pivotal role in the liberation struggle against colonial rule and apartheid. His leadership galvanized a movement and united a nation under the banner of freedom and self-determination. In 1990, Dr. Sam Nujoma became the first President of an independent Namibia, guiding the country through its formative years with a focus on nation-building, reconciliation, and socio-economic development. His presidency was marked by efforts to foster unity among diverse communities and to establish democratic institutions that continue to uphold Namibia's stability and progress. Beyond his political achievements, Dr. Sam Nujoma was a symbol of perseverance and hope. His legacy transcends borders, inspiring freedom movements and leaders across Africa and the world. His life's work is a testament to the power of determination and the enduring impact of visionary leadership. As Namibia mourns the loss of its founding father, the Namibia Estate Agents Board celebrates the remarkable life of His Excellency Dr. Sam Shafiishuna Nujoma. His legacy will forever live on in the hearts of Namibians and the annals of history as a beacon of freedom, unity, and national pride. May his soul rest in eternal peace. Namibia Estate Agents Board (NEAB)

On February 4, 2025, the Namibia Estate Agents Board (NEAB) and the Financial Intelligence Centre (FIC) convened a pivotal collaboration discussion session aimed at enhancing compliance and fostering stronger partnerships within Namibia’s real estate sector. The session provided a dynamic platform for both organizations to engage in meaningful dialogue, addressing key regulatory challenges and exploring effective strategies to combat financial crimes, including money laundering and the financing of terrorism. The discussions emphasized the critical role of estate agents in upholding financial integrity and adhering to Anti-Money Laundering (AML), and Countering the Financing of Terrorism (CFT) regulations. Key highlights from the session included: Regulatory Updates:  The FIC provided updates on current AML/CFT regulations and compliance expectations for estate agents. Risk Management Strategies:  NEAB and FIC discussed best practices for risk assessment and mitigation within the real estate industry. Capacity Building:  Both institutions emphasized the importance of continuous training and awareness programs to equip estate agents with the necessary knowledge and tools to identify and report suspicious activities effectively. The collaborative session underscored the shared commitment of NEAB and FIC to safeguard Namibia’s financial system and promote ethical practices within the real estate sector. Moving forward, both entities pledged to strengthen their partnership through regular engagements and joint initiatives, ensuring that estate agents remain well-informed and compliant with national and international financial regulations. Stay tuned for more updates on future collaborative efforts and compliance initiatives within the real estate industry. #NEAB #FIC #NamibiaRealEstate #ComplianceMatters #AML #CFT #FinancialIntegrity #RealEstateRegulations

GENERAL NOTICE EXAMINATION IN ACCORDANCE WITH GOVERNMENT NOTICE R1409 OF 1 JULY 1983 (as amended) Please note that the NEAB will conduct examinations in accordance with Government Notice R1409 of 1 July 1983 (as amended). The NEAB ONLINE ESTATE AGENTS’ EXAMINATION details are as follows: - Online registration starts: 03rd February 2025 - Online registration closes: 20th March 2025 - Online examination date: 29th March 2025 a. Online Registration Process i. Visit NEAB website ( https://www.neab.co.na/ ) ii. Click on Online Exam Registration b. Examination fees payable are as follows (Exam Registration & Study Material): Total Costs: N$ 2,200.00 c. Enquiries: i. Telephone Number: 061 – 249 885 / 081 122 1828 ii. Email: supervisor@neab.co.na / admin2@neab.co.na d. Compulsory Induction Training: Compulsory Induction training in line with section 8( c ) of the Estate Agents Act 112 of 1976 will be conducted after passing the examination; Festus Unengu Manager: Namibia Estate Agents Board

NEAB Office Closure Notice for the Festive Season As the festive season approaches, the Namibia Estate Agents Board (NEAB) would like to inform all stakeholders, estate agents, and the public that our office will be closed from Thursday, 19 December 2024, to Wednesday, 08 January 2025 . We will reopen and resume normal operations on Thursday, 09 January 2025 . During this time, we encourage everyone to take a well-deserved break, spend quality time with loved ones, and enter the new year with renewed energy and inspiration. Should you have any urgent matters, please ensure they are attended to before the closure. The NEAB team wishes you a joyous festive season filled with happiness, peace, and prosperity. We look forward to serving you again in 2025! Warm regards, Namibia Estate Agents Board (NEAB)

Overview At NEAB, we constantly strive to improve our services and provide a seamless experience for our valued customers. We are thrilled to announce the migration of your data to our newly upgraded system. This new system ensures efficient and effective email and SMS communication with all estate agents and agencies. In addition, it introduces the convenience of applying for and receiving electronic certificates, making the process faster, more reliable, and environmentally friendly. More information will be shared on this process with all stakeholders.   What You Need to Know Some agents may have already received an email or SMS from the new system regarding their registration and new enrolment number as part of this migration.   Key Benefits of the New System Streamlined Communication We can now reach you more effectively, whether it’s through email or SMS, ensuring you stay informed and up to date. Electronic Certificates and Yearly Renewals With this new system, we will be able to issue electronic examination pass certificates, induction training certificates, and FFC Certificates. You will also be able to renew your yearly non-practicing member membership online. More will be shared when this service becomes available for all agents and agencies.   Next Steps Check Your Email or SMS:  If you’ve received a notification about your enrolment number, please take a moment to verify and save it for future reference. Need Help?  If you have questions or face any issues, please contact us at info@neab.co.na or +264 61 249 885 .   We’re excited about the opportunities this new system brings and are confident it will significantly enhance your experience with NEAB. Thank you for being a part of this journey with us. Stay tuned for more updates as we continue to innovate and improve! NEAB