In 2000 the Namibian Mineworkers Investment Holdings Company resolved to establish the first Namibian financial services company controlled and owned by previously disadvantaged Namibians. Hence Nam-mic Financial Services Holdings (Pty) Ltd (NFSH) was created on 11 October 2001. NFSH currently has two subsidiaries; Nam-mic Financial Solutions (Pty) Ltd and Nam-mic Payment Solutions (Pty) Ltd. Additionally, NFSH owns percentages in companies, namely SANLAM, SANTAM Namibia Limited, Capricorn Group Limited and t