Motor Vehicle Accident Fund has made a swift recovery in recent years, with the state-owned enterprise’s assets currently standing at N$1,7 billion. This is according to MVA Fund chief executive officer (CEO) Rosalia Martins-Hausiku, while speaking to the Namibian. Martins-Hausiku said this turnaround has been one of the highlights of her tenure, as the parastatal was in the red when she took over as CEO. She says the company assets are standing at N$1,7 billion, so the target is to reach the N$2 billion mark. Martins-Hausiku said the fund in the past struggled to achieve its mandate – largely due to its financial constraints. Going forward, the fund aims to continue improving its service delivery with plans to open more service centers and a trauma center.
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