insert_link Business / EconomicsNAMFISA reports asset growth and higher complaints in financial sector Photo credit: James Cullen The Namibia Financial Institutions Supervisory Authority (NAMFISA) has reported that the country’s non-banking financial institutions sector continued to grow in the third quarter of 2025, with total assets reaching N$528.2 billion, despite ongoing compliance challenges in certain parts of the industry. In its Third Quarter 2025 Quarterly Statistical Bulletin, NAMFISA reported that assets grew by 5.3 percent from the previous quarter and 14.8 percent year-on-year, supported […] today17 December, 2025
insert_link Press ReleasesCrypto boom exposes Africa cyber risk Allan Juma, Technical Lead for ESET East Africa, an internet security solutions company. Juma oversees the company’s technical issues on security products. Cryptocurrency in Africa has evolved rapidly from a fringe financial activity into a major economic force - and cybercriminals are taking notice. Between July 2024 and June 2025, the continent recorded USD $205-billion in on-chain transactions, making it the world's third-fastest-growing crypto market. Driven by economic volatility and a […] today12 November, 2025
Business / EconomicsNon-Bank Financial Sector Shows Resilience with $474 Billion in Assets. The non-bank financial sector proved resilient in 2024, with total assets climbing 14.3% to $474.2 billion, NAMFISA CEO Kenneth Matumola reported. Overseeing 132 financial institutions and more than 14,700 intermediaries, the sector continues to underpin fiscal stability. Joanette Eises of NAMFISA: today26 September, 2025
