The Namibia Student Financial Assistant Fund(NSFAF), has promulgated that it’ll waive all hobby due and payable to it with the aid of beneficiaries who still owe on their imprest.

This designates that each one of the people who owe NSFAF will most effectively be required to pay the important quantity and not use a hobby charged.

NSFAF’s performing CEO Kennedy Kandume revealed that the overall interest quantity to be inscribed off by NSFAF is N$2, 6 billion.

The total first-rate debt because of NSFAF is N$7, 8 billion, with N$5.1 million because of the tremendous major amplitude.

The waiver might be efficacious from 1 July 2022 until 30 June 2023.

The promulgation changed into made on the release of NSFAF’s Amnesty campaign in Windhoek today.

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