Opinions

The decision by the Bank of Namibia to begin purchasing gold from local producers marks one of the most consequential shifts in the country’s reserve management strategy since independence. By targeting gold to make up approximately 3% of Namibia’s net foreign exchange reserves, the central bank has signalled a deliberate and strategic recalibration of how it intends to shield the economy from global turbulence. At face value, the move appears prudent. Central banks worldwide have been reassessing their exposure to foreign currencies in an era marked by geopolitical tensions, persistent inflationary pressures and volatile capital flows. Gold, historically regarded as…

Minister of Works and Transport Veikko Nekundi has taken a decision that many before him have avoided. In stating unequivocally that government employees evicted from state-owned houses will not receive special treatment or automatic relocation, he has drawn a firm line between entitlement and accountability. It is a decision grounded not in hostility, but in principle. At a time when public infrastructure is under strain and housing demand continues to rise, the minister’s stance reflects a necessary commitment to restoring integrity in the management of state assets. The numbers alone underscore the gravity of the matter. Government immovable assets are…