Parliament probes debt trap as civil servants buckle under loan burden
The parliamentary standing committee on economy, industry, public administration and planning has launched public hearings regarding whether Namibia’s current laws adequately protect citizens from exploitation by lending institutions and informal money lenders. The hearings stem from a motion referred to the committee by the National Assembly in September 2025, calling for scrutiny of the growing […] The post Parliament probes debt trap as civil servants buckle under loan burden appeared first o
The parliamentary standing committee on economy, industry, public administration and planning has launched public hearings regarding whether Namibia’s current laws adequately protect citizens from exploitation by lending institutions and informal money lenders.
The hearings stem from a motion referred to the committee by the National Assembly in September 2025, calling for scrutiny of the growing household debt crisis and the effectiveness of existing consumer protection measures.
