play_arrow

keyboard_arrow_right

Listeners:

Top listeners:

skip_previous skip_next
00:00 00:00
playlist_play chevron_left
volume_up
  • play_arrow

    Josia Shigwedha

  • play_arrow

    Josia Shigwedha

Business / Economics

MPs Sound Alarm Over Exploitative Lending Practices

today14 February, 2025

Background

Lawmakers in the National Assembly debated financial reforms to curb rising debt levels in Namibia, especially among civil servants. Inna Hengari from PDM criticized microlenders such as Letshego for profiting N$199 million in six months while borrowers sink deeper into financial distress. Hertha Ekandjo reports for One Africa’s NewsOnOne.

  • cover play_arrow

    MPs Sound Alarm Over Exploitative Lending Practices Leonard Witbeen

 

Written by: Leonard Witbeen