Consumers are shark bait

Cash-strapped consumers have flocked to microlenders since the start of the Covid-19 pandemic plunged Namibia into a historic recession.
Jo-Mare Duddy Booysen
Jo-Maré Duddy – Broke consumers owed registered microlenders in Namibia nearly N$6.95 billion at the end of June this year – N$908.95 million more than they did at the end of ...