The Grootfontein Municipality has appointed Red Force Debt Collectors to collect more than N$200 million owed to it by businesses and individuals.

The Grootfontein Municipality Acting Chief Executive Officer, Indileni Lungameni, says debtors still have time to settle their bills before the agent assumes operations next month.

Residents are advised to engage directly with Redforce regarding the settlement of their accounts.

The Namibia Financial Institutions Supervisory Authority (NAMFISA) has ordered the payment of N$200 million to customers following complaints.

NAMFISA's Manager for Corporate Communications and Consumer Education, Victoria Muranda, explained that the regulator received complaints largely attributed to the delays in the non-payment of pension benefit claims, repudiation of funeral claims, long-term and short-term insurance, pension funds, microlending, and credit agreements.