AG concerned about NSFAF's ability to recoup student debt

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The Namibia Students Financial Assistance Fund (NSFAF) holds a financial asset in student loans of N$10.3 billion for the financial year that ended on 31 March 2024. 

However, the auditor general's latest report on the accounts of NSFAF raised concerns over poor loan recovery management.

Nekundi moves motion to write off NSFAF loans

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The Deputy Minister of Works and Transport, Veikko Nekundi, has moved a motion to discuss the possibility of incentivising the Namibian Student Financial Assistance Fund loan beneficiaries to boost entrepreneurship and job creation for the youth.