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MPs take aim at loan sharks

OSHAKATI – The National Assembly Standing Committee on Economy and Industry, Public Administration and Planning has raised concerns over mushrooming cash loans, which have pushed many into financial distress. The lawmakers said some people have been trapped in debt – and in some cases, committed suicide due to high debt levels. The committee, chaired by... The post MPs take aim at loan sharks appeared first on New Era .

New Era18 Aug 2026, 10:00 am
MPs take aim at loan sharks

OSHAKATI – The National Assembly Standing Committee on Economy and Industry, Public Administration and Planning has raised concerns over mushrooming cash loans, which have pushed many into financial distress.

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Originally published by New Era on 18 Aug 2026, 10:00 am. View original article
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