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    Josia Shigwedha

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    Josia Shigwedha

#ConsumerProtection

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Business / Economics

NAMFISA Warns Against Unregistered Microlenders

The Namibia Financial Institutions Supervisory Authority has cautioned consumers to only obtain short-term credit from registered microlenders to avoid exploitation. NAMFISA Manager for Corporate Communications and Consumer Education Victoria Raimond urges the public to verify lenders on the authority’s website and report suspected illegal microlending activities.   

today15 January, 2026

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Namibia

The Namibian Competition Commission has transferred a total of N$65 million in penalties to the State Revenue Fund since its establishment in 2009, with the latest N$9 million payment made for the 2024/25 financial year.

The Namibian Competition Commission has transferred a total of N$65 million in penalties to the State Revenue Fund since its establishment in 2009, with the latest N$9 million payment made for the 2024/25 financial year. According to the NaCC, the N$9 million collected during the financial year came from settlement agreements in the non-financial (N$1 million), cement (N$5 million), and fuel and air transport (N$3 million) sectors. Here is the […]

today23 October, 2025