Non-banking financial sector records growth despite compliance challenges

NAMPA
2025-06-30
WINDHOEK, 03 August 2018 - Namfisa Chief Executive Officer, Kenneth Matomola. (Photo by: Linea Dishena) NAMPA WINDHOEK, 03 August 2018 - Namfisa Chief Executive Officer, Kenneth Matomola. (Photo by: Linea Dishena) NAMPA
WINDHOEK, 30 JUN (NAMPA) – The Namibia Financial Institutions Supervisory Authority (Namfisa) has reported steady growth across the non-banking financial sector, despite notable compliance challenges.
According to Namfisa’s Statistical Report for the first quarter of 2025, the sector’s total assets stood at N.dollars 481.6 billion, reflecting a 1.6 per cent quarter-on-quarter increase and a 12.8 per cent year-on-year rise. The growth was attribut...
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