The Bank of Namibia (BoN), in collaboration with the Government Institutions Pension Fund (GIPF), held a stakeholder engagement at Otjiwarongo to address the rising cases of illegal financial activities, such as pyramid schemes. The session focused on pensioners, a targeted group due to their guaranteed retirement benefits from GIPF, including lump sums and monthly incomes. The engagement highlighted the value of financial literacy, where BoN provided insights to assist individuals in identifying patterns, avoiding, and reporting the scams.