payment system

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Namibia

NamPost to handle nationwide cash distribution of social grants from October

The Ministry of Finance has declared that NamPost will become the official provider of cash social grant payments from 1 October 2025. This transition aims to improve access and streamline payment systems nationwide, especially in rural and underserved areas. Ministry spokesperson Wilson Shikoto explained this move aligns with government efforts to modernise payments and enhance financial inclusion through NamPost’s robust network across the country. Under the new model, beneficiaries residing […]

today30 July, 2025

World

Elon Musk blocked from accessing sensitive government data

Elon Musk — an unelected advisor to U.S President Donald Trump — has been blocked from accessing sensitive information within the US Treasury Department. A federal judge in Washington DC granted the order after the billionaire businessman's so-called Department of Government Efficiency was tasked with overhauling the government's payment system. From there, Benji Hyer reports.  

today7 February, 2025

Namibia

Bank of Namibia Introduces Universal Instant Payment Programme for Enhanced Financial Access

The Bank of Namibia hosted the industry kick-off for the Instant Payment Programme, a major initiative to improve financial inclusion and accessibility nationwide. The Instant Payment Solution, compatible with any device including non-smartphones, aims to ensure that vendors, taxi drivers, pensioners, and small business owners can use it easily. Sandra Garises, the Bank's principal communication officer.  

today2 July, 2024