NBFIRA to clamp down of illegal microlenders

Thursday, October 13, 2016

LOBATSE: Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has warned individuals who continue to engage in illegal cash loan operations.

Speaking at a full council seating here, communications and public affairs manager at the regulatory body, Tapologo Kwapa said Batswana continue to fall victim to cash swindling due to unlicensed cash loaners who operate within their homesteads at worrisome amounts of interest rates.

Kwapa further said NBFIRA has embarked on a process to flush out individuals who have continued to engage in microlending activities without proper licencing.

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NBFIRA to clamp down of illegal microlenders

LOBATSE: Non-Bank Financial Institutions Regulatory Authority (NBFIRA) has warned individuals who continue to engage in illegal cash loan operations.

The audacity to be a unicorn

Faulty gadgets top complaints to BOCRA

Civil Society fights 'flawed' constitutional amendment

Civil Society calls for Constitution review governing Act

IEC rejects 2,513 registrations

Motshegwa prevails against detractors

Serowe woman ingests acid, attempts suicide

Serowe man 'loses' P1m in trading

Inspect the voters' roll!