In terms of the Usury Act, 1968 (Act No. 73 of 1968), a money lender 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 Read more about MICRO-LENDING OPERATION[…]
Ekwashilipaleko lyOnkalamwenyo Efalomo NAMFISA okwa kala ta mono omanyenyeto ogendji kombinga yomahangano omakwashilipaleki goonkalamwenyo taga tindi okufuta omawuwanawa molwa “omatumbulo taga keelele” nenge “inaaga tulwa puuyelele”. Momakonaakono ga ningwa omolwa omanyenyeto ga holoka po, osha hololwa kutya aayakulwa ohaya shayina omawuvathano kaye ga uvite, yo kaye uviteko oompango noma-landulathano ga tulwa po, tashi etitha shoka Read more about LIFE ASSURANCE (OSHIWAMBO)[…]
Commentary from our Manager: Inspections and AML Compliance – Ms. Lovisa Indongo-Namandje If you have tried to control your debt by budgeting and debt consolidation, but are still struggling and unable to make the minimum repayments it’s time to take decisive measures to keep your debt from spiralling out of control. One way of doing Read more about Debt Management (Part I) Understanding Debt Administration[…]
What are retirement annuities (RA’s)? RA‘s are safe forms of long-term savings plans where you pay a monthly premium into the retirement annuity plan and in return, upon retirement receive a monthly payment for the rest of your life. An annuity is a long term insurance product that pays out income and can be used Read more about LIFE ASSURANCE: Retirement Annuities[…]