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Namibia: Government e-money system will be implemented this year – Shafudah – News

Namibia: Government e-money system will be implemented this year – Shafudah – News

Africa Links 24 with Nishi Felton
Published on 2026-02-27 16:16:35

The country’s first e-money system is set to be launched later this year, eliminating cash payouts for social grants over time.

Finance minister Ericah Shafudah during her budget speech on Thursday said the government will transition from cash disbursements to an instant payment system.

“This initiative will facilitate quick, secure government payments, reducing travel distances and queues for pensioners,” she said.

Instant Payments Namibia (IPN), the subsidiary of the Bank…

Read the Full article on The Namibian

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