NAMFISA urges consumers to report fraudulent practices

NAMPA

2026-08-26

ONGWEDIVA, 26 August 2026 - The Namibia Financial Institutions Supervisory Authority (NAMFISA) mobile office at the 25th edition of the Ongwediva Annual Trade Fair. (Photo: Ali Negumbo) NAMPA

ONGWEDIVA, 26 AUG (NAMPA) – The Namibia Financial Institutions Supervisory Authority (Namfisa) has raised concern over fraudulent and unethical practices by some microlenders, demanding personal documents or sensitive banking information from clients.
In an interview with Nampa at the Ongwediva Annual Trade Fair, Namfisa Consumer Education Specialist, Junias Erasmus, said the regulator has identified a growing number of complaints involving consu...

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