CONSUMER PROTECTION: Financial ombud claws back R60m and warns of reckless borrowing

CONSUMER PROTECTION: Financial ombud claws back R60m and warns of reckless borrowing

[Daily Maverick - Zambia] - 15/12/2025
The National Financial Ombud Scheme (NFO) Banking Division recovered more than R60m for consumers in 2025, but warned that consumers who are dishonest when taking out loans or accessing credit cannot cry ‘reckless lending’ later.
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