NamPost declares N$4,5 million dividend

WINDHOEK – Namibia Post Limited (NamPost) handed over a dividend of N$4,5 million to the Ministry of Works, Transport and Communications (MWTC) on Monday.

Speaking at the handing over ceremony, Deputy Minister of MWTC, Stefanus Mogotsi, commended the company, noting that parastatals have a key role to play in the national economy and are major stakeholders in the government’s National Development Plans and Vision 2030. “In making a positive contribution to the Fiscus through dividends, parastatals would remain relevant role players in adding value to government efforts in implementing development plans and achieving Vision 2030,” he said.Mogotsi indicated that NamPost, as the major role player in the postal sector in the country should ensure that the postal services adequately contribute to national development.He commended the company for its roadmap for the future with strategic focus on becoming a significant player in the financial services area and specifically to ensure that the poor, unbanked and under-banked are provided with affordable access to financial services.The company has 160 000 clients on Smart Switch Namibia (SSN) – a service that works on a debit-card principle.NamPost also provides a courier service and has an agency business, which allows customers to pay their bills and acquire postal services.It promotes the country internationally by expanding the customer-base of stamp collectors in foreign markets.”In this age where information and communication technologies have become commonplace and managing the convergence of technologies a major challenge for progressive companies, a special challenge has emerged for postal service delivery worldwide, namely that competing communication technologies have come to displace mail services,” he added.Nampa”In making a positive contribution to the Fiscus through dividends, parastatals would remain relevant role players in adding value to government efforts in implementing development plans and achieving Vision 2030,” he said.Mogotsi indicated that NamPost, as the major role player in the postal sector in the country should ensure that the postal services adequately contribute to national development.He commended the company for its roadmap for the future with strategic focus on becoming a significant player in the financial services area and specifically to ensure that the poor, unbanked and under-banked are provided with affordable access to financial services.The company has 160 000 clients on Smart Switch Namibia (SSN) – a service that works on a debit-card principle.NamPost also provides a courier service and has an agency business, which allows customers to pay their bills and acquire postal services.It promotes the country internationally by expanding the customer-base of stamp collectors in foreign markets.”In this age where information and communication technologies have become commonplace and managing the convergence of technologies a major challenge for progressive companies, a special challenge has emerged for postal service delivery worldwide, namely that competing communication technologies have come to displace mail services,” he added.Nampa