Namfisa says it is protecting public

The Namibia Financial Supervisory Institutions Authority (Namfisa) says it is busy with its own investigation into allegations that Lewis Stores (Namibia) (Pty) Limited have, on behalf of Mutual & Federal, sold long-term insurance without being authorised to do so, and that supervisory actions are already taken.

“The authority at all times acts in the interest of the consumers and of the industry,” Isack Hamata, manager of corporate communications of Namfisa, said. Read more about Namfisa says it is protecting public