insert_link 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
insert_link Business / Economics MPs Sound Alarm Over Exploitative Lending Practices 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. today14 February, 2025