MobiPay, MTC, Deloitte and banks to distribute relief grant

THE Ministry of Finance says it would collaborate with MobiPay, MTC, Deloitte and commercial banks, who have volunteered to facilitate the rollout of the emergency income grant.

This was announced by the ministry’s spokesperson, Tonateni Shidhudhu, on Monday.

“In the rollout of the announced emergency income grant for Namibians who have lost their jobs or income due to the Covid-19 outbreak, MTC, Deloitte Namibia, MobiPay and commercial banks have offered their services pro bono, that is, at their own cost,” Shidhudhu stated.

The income grant is part of the N$8,1 billion stimulus package that will be rolled out to households, employers and the economy at large.

The emergency income grant is valued at a maximum of N$562 million, based on the national poverty line of about N$250 per person per week.

The four entities will use their resources and infrastructure to facilitate the distribution of the grants.

MTC will receive, process and build a database of self-nominated beneficiaries’ applications remotely, while MobiPay will run validation checks on the database of beneficiaries and submit tokens to banks.

Commercial banks would make payments to the beneficiaries through eWallet services and Deloitte, as an independent auditor, would audit the data validation and systems of MobiPay as well as the payment of commercial banks.

Shidhudhu said further announcements on the rollout of the first phase of stimulus and relief measures would be made this week.

Email: erastus@namibian.com.na

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