News

TO: Non-Bank Financial Institutions (NBFIs) DATE: June 16, 2023 SUBJECT: COMMENCEMENT OF THE RELATED PARTY TRANSACTIONS GUIDELINES The Non-Bank Financial Institutions (“NBFIs”) are regulated by the Non-Bank Financial Institutions Regulatory Authority (“NBFIRA”) in accordance with the NBFIRA Act of...

The Non-Bank Financial Institutions Regulatory Authority ("NBFIRA") would like to inform the public that Moneymate Solutions (Pty) Ltd is not licensed to offer non­ bank lending activities as per the NBFIRA Act, 2016. Members of the public are therefore advised not to make any non-bank lending...

The Non-Bank Financial Institutions Regulatory Authority (“NBFIRA”) would like to inform members of the public that Exel Wise Enterprises (Pty) Ltd has surrendered its licence and accordingly NBFIRA has cancelled their licence. Please note that the effect of the cancellation of licence is that Exel...

The Non-Bank Financial Institutions Regulatory Authority (“NBFIRA”) would like to inform members of the public that it has, acting in terms of Section 46 (4) (a) of the Insurance Industry Act, 2015 (“the Act”), appointed Mr. Paul Masie as Statutory Manager of Westlife Insurance Botswana (Pty) Ltd...