08
Nov
Niël Terblanché The Ministry of Finance and Public Enterprises has embarked on a comprehensive reform initiative of the Public Service Medical Aid Scheme (PSEMAS), resulting in the recovery of N$43 million. According to Wilson Shikoto, the spokesperson of the Finance Ministry, PSEMAS has had unsustainable expenditure patterns over the years, prompting a need for structural changes to ensure its long-term viability. “The unsustainable escalation of expenditures in recent years prompted the government to undertake a holistic reform effort,” Shikoto said in a statement. He indicated that a consortium of consultants with extensive expertise in the industry was engaged to provide…