1.6 million SIM cards have been registered across the country as of last month. 

Individuals who have not yet registered their cards are given a 15-day window to do so.

The deadline for SIM card registration remains unchanged at the end of this month, and those who do not register by then risk being suspended from telecommunication service. 

The Chief Executive Officer of the Namibia Financial Institutions Supervisory Authority (Namfisa), Kenneth Matomola, has raised concerns regarding the current regulatory framework, saying it hampers Namfisa’s ability to fulfil its mandate.

During a briefing at the Government Information Centre (GIC) on Tuesday, Matomola said Namfisa is tasked with overseeing non-bank financial institutions, but outdated laws pose significant obstacles to achieving their objectives.