Swimming in cash-loan debt - The Namibian
As Namibians dive into ‘is fkkl is festive’, many of them are doing so under a dark cloud of debt owed to loan sharks who charge interest as high as 40%.
Iyaloo Naris Uaatjo Kaurimuje Yvonne Stramiss Kauna Shikwambi Namibia Financial Institutions Supervisory Authority Namfisa Microlending Act
Source: namibian.com.na