When was the last time you checked your credit report? The likelihood is that you have never ever bothered to even care about where your credit record is kept. Knowing your credit record is the cornerstone of financial literacy and the first step in managing your own financial affairs. Information is power and the more Read more about Saving Tips TO MANAGE YOUR CREDIT RECORD[…]
Dear readers, Insurance is one of the most important aspects of our lives. Having or acquiring insurance is a fundamental part of being financially prepared for any eventuality that may befall us. Taking out insurance will give you the comfort that one day your insurance will cover for you in cases of fire, theft, vehicle Read more about If your loved ones or family members depend on your financial support for their livelihood, then life insurance is a must[…]
Consumers have been encouraged to report malpractices to NAMFISA for swift supervisory action against unscrupulous entities. The Chief Executive Officer of NAMFISA, Mr. Phillip Shiimi, has stated that consumers of financial services and products should by no means hesitate to approach NAMFISA through its Complaints Department. The Complaints Department has the responsibility to receive, screen Read more about NOTICE Consumers have been encouraged to report malpractices to NAMFISA for swift supervisory action against unscrupulous entities.[…]
In terms of the Usury Act, 1968 (Act No. 73 of 1968) a moneylender is defined as any person who is granting or has granted a loan or a sum of money to a prospective borrower in terms of a money lending transaction. The Minister issued Exemption Notice No. 189 of 25 August 2004 under Read more about MICROLENDING INTEREST RATES[…]