State to save N$54m without paymaster
By Stefanus Nashama
The Ministry of Finance and Public Enterprises says the government has been spending a total of N$120 million annually to pay private contractors for the management and distribution of social grants across the country.
However, with the recent announcement to cutout middlemen, such as the current contractor, Epupa Investment Technology and the handover the operations to NamPost, government is expected to save up to N$54 million annually in this transition. NamPost will officially assume responsibility starting 1 October 2025.