The 17 per cent increase in Namibia’s banked population since 2007 came mostly from low-income earners, aged 32 to 39, living in rural areas.Since ID management is one of the post office's main functions, it was really interesting to see this article about how the Namibian post office NamPost is contributing to the increasing number of Namibians with access to financial services.
Better financial access was driven largely by innovative, low-cost and safer products and services by NamPost. “NamPost has changed their product and strategy which has significantly driven product uptake: the physical savings book product was terminated and a biometric smartcard aimed at low-income users was introduced,” the survey said. Significant growth in bank branches across the country also improved.
See: The Post Office, Identity Assurance & Biometrics from Friday.
