NSFAF staff failing to pay back the money

• By Tracy Tafirenyika

EMPLOYEES of the Namibia Students Financial Assistance Fund (NSFAF) who benefited from study loans have defaulted with the fund progressing towards blacklisting them.

From a staff compliment of nearly 100, Confidente has been informed that 43 employees accessed loans with five having defaulted and already dished with demand letters.

Of the 43, however, 38 are reimbursing their loans through salary deductions, Miriam Dikuua, NSFAF chief financial officer told Confidente this week.

To date, the fund has afforded its employees study loans of up to N$1.5 million.

Read the full story in this week’s edition.