Namibia's annual inflation rate for February 2023 has significantly increased to 7.2%, compared to 4.5% recorded in February 2022, according to official figures.

Former Namibia Students Financial Assistance Fund (NSFAF) beneficiaries owe the Fund a cumulative N$9 billion since inception.

Money is easily one of the sources of financial comfort in our lives, simultaneously, money can also be the biggest cause of worry in our lives.

Namibia is working on curtailing illicit financial outflows through various mechanisms that are also aimed at enhancing tax collection. 

The Namibia Students Financial Assistance Fund (NSFAF) is planning to garnish bank accounts of 88,640 debtors who owe the fund N$4,215 billion.