insert_link Business / Economics Microlending Sees Sharp Growth Reliance on microlenders continues to climb, the latest report from the Namibia Financial Institutions Supervisory Authority reveals. Term borrowers average nearly N$28,000 per month, while payday borrowers, who constitute 82 percent of the portfolio, borrow just under N$4,000. Total loans jumped 45 percent in 2024 to N$5.2 billion: NamFISA chief executive officer Kenneth Matomola. today30 September, 2025
insert_link Oshiwambo O Namibia Financial Institutions Supervisory Authority (Namfisa) oya gandja oodola 447 239 momumvo shimaliwa gwawo go 2024-2025 oku yambidhidha iinakugwanithwa yopankalathano ya yooloka noyomapungulo moshilongo Kenneth Matomola omukuluntu wiliki go NAMFISA ohela okwati iimaliwa otayi pewa iiyetwapo yelongo,oohedhi,nyopankalathano. Oopololeka odha kwatelamo oopolohalama dhoo bursaries okuyambulapo owino mo actuarial science ,Industrial Engineering,economics no Risk Management. Mokati kiiputudhilo ya pewa eyambidhidho o NAMCOL ya pewa oodola 10 000. Oshowo o Kids Soup Kicthen,ya pewa oondjato dhomagano 300 dhaanona mboka yeli mompumbwe. Omanga oskola ya Khomastura ya pewa uututa waakadhona. today18 June, 2025
insert_link Business / Economics NAMFISA CEO Raises Alarm Over Low AGM Turnout Financial Institutions Supervisory Authority CEO Kenneth Matomola has urged members of medical aid funds to take Annual General Meetings more seriously, citing consistently low attendance. He emphasized that AGMs are essential governance platforms for influencing how members’ contributions are managed, especially amid rising healthcare costs. Victoria Raimond is the Manager for Corporate Communications and Consumer Education at NAMFISA. today18 June, 2025
insert_link Business / Economics Consumer Credit Bill to be tabled by Parliament next year, says NAMFISA’s annual report The Namibia Financial Institutions Supervisory Authority has released its annual report which outlines the implementation of key financial regulations and the resolution of 91% of 691 complaints, resulting in N$14.7 million returned to complainants. Namfisa CEO, Kenneth Matomola said most complaints were from micro-lenders, insurers, and pension funds. He also revealed that the Consumer Credit Bill will be tabled by Parliament next year. today26 September, 2024
insert_link Business / Economics Namfisa CEO advises public to learn and understand FIMA for better dialogue CEO of the Namibia Financial Institutions Supervisory Authority, Kenneth Matomola has urged the public to familiarise themselves with the Financial Institutions and Market Act to enable informed discussions with his office regarding sections they may not fully understand. FIMA brings together different laws to create a framework for overseeing and regulating financial intermediaries, pension funds, insurers, and other non-banking financial institutions. today2 September, 2024
