October dedicated to consumer protection

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October dedicated to consumer protection



The Namibia Financial Institutions Supervisory Authority (Namfisa) has dedicated October as consumer protection month to educate consumers on their financial rights and obligations.

The financial services company said this in a statement today.

“Consumer Protection Month provides a unique platform to underscore the vital importance of safeguarding and upholding the rights of all consumers, shielding them from market abuses, and educating consumers on their responsibilities when dealing with financial institutions,” said Kenneth Matomola, chief executive officer of Namfisa.

Matomola urged consumers to protect their data by safeguarding their personal and financial information while being vigilant against fraud, identity theft, and scams that can compromise their financial security.

According to the spokesperson of Namfisa, Victoria Muranda, the nationwide Consumer Protection Month celebration will include shopping mall activations and public entities, educational institutions and government ministries’ workplace forums.

“Namfisa wll be celebrating Consumer Protection Month from 1-31 October,” said Muranda.



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