31
Jul
Thirty-six years after independence, Namibia continues to carry an unenviable distinction. Despite its political stability, vast natural resources and upper-middle-income status, it remains one of the most unequal societies on Earth. The contradiction is striking. The country is rich in diamonds, uranium, gold, fisheries and, increasingly, green hydrogen potential. It boasts modern banking institutions, world-class infrastructure by regional standards and an economy expected to benefit significantly from offshore oil discoveries. Yet nearly one million Namibians still live in informal settlements. Youth unemployment remains alarmingly high. Thousands of households depend on social grants, while a relatively small segment of society controls…
