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 NAMFISA 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 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 Business / Economics Non-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
insert_link Oshiwambo Media ombudsman iindiile eiyutho lyooveta dhiikundaneki oku gamena oshilongo Media Ombudsman Sadrag Shihomeka okwati eiyutho lyuudha lyooveta dhiikundaneki osha simana oku gamena oshilongo,uuthemba womuntu,nompito yoku mona uuyelele. Ta popi moshigongiilonga sho NAMFISA mo Windhoek,Shihomeka okwa londodha kutya okwaaha simaneka omilandu nenge ooveta dhiikundaneki oshina oshiponga okweeta okwaaha inekelwa,nengwangwano moshigwana. Shihomeka tiindiile iikundaneki yi wayimine o Editors Forum oku nkondopeka iilonga yawo. today2 September, 2025
insert_link Uncategorized GIPF to launch pension-backed home loan scheme following government approval The Government Institutions Pension Fund (GIPF) is preparing to implement its long-awaited Pension-Backed Home Loan Scheme (PBHLS), following approval from the Ministry of Finance. Under the initiative, active GIPF members will be able to use a portion of their pension savings as collateral to access home loans, a significant step toward improving affordable housing access for civil servants. Finance Minister Ericah Shafudah announced the scheme's formal endorsement in […] today1 July, 2025
insert_link Namibia Pension-backed housing scheme targets civil servants The government has approved a Pension-Backed Home Loan scheme allowing civil servants to use a portion of their pension savings as collateral for affordable housing loans, Finance Minister Ericah Shafudah announced in Parliament yesterday. Under amendments to the Pension Funds Act 24 of 1956, members of the Government Institutions Pension Fund (GIPF) may access loans to purchase residential property or land, construct or renovate homes, settle existing mortgages, or improve […] today26 June, 2025
insert_link Oshiwambo Epangelo ola shiivifa la dimina etulomoilonga lo vanailonga vakale hava kufako oshipambu sho penjela yavo Epangelo ola shiivifa la dimina etulomoilonga lo mulandu upe oo ta ukapitika ovanailonga ve pangelo va dule oku kala hava pewako ko shipambu shavo sho imaliwa yo pendjela opo shi va pitike oku futa omikuli davo oko vedi pula ngenge va dopa oku shunako. Oo eli ominsiter yeembongo oshoyo eungaungo lo mayakulo oshikuvila sho vanhu va pumbwa omayambidido Ericah Shafudah, edi okwe di koleka pefimbo lo shipopiwa shaye meumbo lo […] today26 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
