19
Nov
Renthia Kaimbi The Namibia Financial Institutions Supervisory Authority (Namfisa) says it is not opposing Entrepo Finance’s court application and only stepped into the case to help the High Court understand the legal framework it oversees. The regulator made this point in its written submissions in the ongoing dispute between Entrepo and the minister of finance, Ericah Shafudah, over consumer protection rules in the microlending sector. Entrepo accused Namfisa of siding with the minister after the regulator filed an explanatory affidavit. Entrepo claimed that Namfisa was acting in support of the minister in its case against the company, but Namfisa dismissed…
