Wednesday, May 25, 2022
  • Login
Upgrade
The Southern African Times
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs
No Result
View All Result
The Southern African Times
No Result
View All Result
Home in Southern Africa

Namibia faces tough challenge to reverse apartheid legacy:President

by SAT Reporter
October 7, 2020
in in Southern Africa, Just In, Namibia, Politics
0
Namibia faces tough challenge to reverse apartheid legacy:President
0
VIEWS

WINDHOEK (The Southern African Times) – Namibian President Hage Geingob said on Thursday that the southwestern African country must take care in its efforts to reverse the legacy of racist white minority rule, so as not to be seen as grabbing wealth.

Speaking at a virtual session at an event organised by international organisation Horasis, Geingob said Namibia’s status as an upper middle income country belied the fact that some 80% of its population, mostly Black, was living in poverty, while whites who make up less than 5% of Namibia’s 2.4 million people were wealthy.

“We are proud to be an upper middle income country … But that is forgetting that we are coming from an apartheid background where Blacks were left out,” he said.

Namibia, an ex-German colony, was run by South Africa during the time that the latter was controlled by the white minority apartheid regime. It only achieved independence in 1990.

“Distribution is an issue, but how do we do it?” Geingob said. “We have a racial issue here, a historical racial divide. Now you say we must grab from the whites and give it to the Blacks, it’s not going to work. That is not our purpose here.”

He did not give further details, but the 79-year-old leader in the past drafted a policy that Namibia would make it mandatory for white-owned businesses to sell a 25% stake to Blacks, only for the country to later rescind it as unworkable.

A similar policy worked in South Africa, but in its neighbour Zimbabwe, expropriation of white-owned land by the government two decades ago triggered economic challenges arguably brought by the US, European, Australian and Canadian combined embargoes.

The country’s economy, which heavily relies on diamond mining and tourism, is set to contract by a record 11.1% this year according to the statistics office, owing to the fallout from the COVID-19 pandemic this year and a brutal drought last year.

Geingob said he hoped to revive the economy with investments in wind and solar energy, as well as fisheries.

Previous Post

South Africa Hawks police not aware of imminent arrest of ANC’s Magashule

Next Post

Nigeria aims to revamp refineries, end oil-for-fuel swaps

SAT Reporter

Related Posts

Zimbabwe anti-sanctions lobby seek support from U.S. black congressional members
ZIMBABWE

Zimbabwe anti-sanctions lobby seek support from U.S. black congressional members

by SAT Reporter
May 25, 2022
Africa’s leading financial institution will avert looming food crisis
Business

Africa’s leading financial institution will avert looming food crisis

by SAT Reporter
May 25, 2022
S Africa’s Ramaphosa: Russia sanctions hurting ‘bystander’ states
South Africa

S Africa’s Ramaphosa: Russia sanctions hurting ‘bystander’ states

by SAT Reporter
May 25, 2022
Chinese firm to invest 300 mln USD in Zimbabwe’s lithium mine
Business

Chinese firm to invest 300 mln USD in Zimbabwe’s lithium mine

by SAT Reporter
May 24, 2022
Zimbabwe president urges emphasis on the digital economy
Zimbabwe

Zimbabwe president urges emphasis on the digital economy

by SAT Reporter
May 24, 2022
Next Post
Nigeria aims to revamp refineries, end oil-for-fuel swaps

Nigeria aims to revamp refineries, end oil-for-fuel swaps

Premium Content

First delivery of German-donated COVID vaccines to COVAX land in Mauritania

New COVID-19 cases drop in Rwanda amid rising vaccination

September 18, 2021
Britain no longer in top 10 for trade with Germany as Brexit bites

Britain no longer in top 10 for trade with Germany as Brexit bites

September 13, 2021
Kenyan artists resurrecting ancient beats amid cultural renaissance

Kenyan artists resurrecting ancient beats amid cultural renaissance

March 7, 2021

Browse by Category

  • African Continental Free Trade Area
  • African Start ups
  • Algeria
  • Analysis
  • Angola
  • Asia
  • BOTSWANA
  • Botswana
  • Burkina Faso
  • Burundi
  • Business
  • Business
  • Cameroon
  • Central Africa
  • China
  • Climate Change
  • Climate Changev
  • Congo Republic
  • COVID 19
  • Culture
  • Democratic Republic of Congo
  • Eastern Africa
  • Egypt
  • Entertainment
  • Environment
  • Ethiopia
  • Europe
  • Fashion
  • Finance
  • Food
  • Food and Drink
  • Foods
  • Ghana
  • Global
  • Guinea
  • Health
  • Immigration
  • in Southern Africa
  • International news
  • Just In
  • Kenya
  • Lesotho
  • Libya
  • Life Style
  • Lifestyle
  • Malawi
  • Malawi
  • Mali
  • Markets
  • Middle East
  • Mozambique
  • Namibia
  • Nigeria
  • North Africa
  • Opinion
  • Politics
  • Rwanda
  • Senegal
  • Seychelles
  • South Africa
  • South Sudan
  • Sports
  • Startup Africa
  • STOCK EXCHANGE
  • Tanzania
  • Tech
  • Togo
  • Travel
  • Travel
  • Tunisia
  • Uganda
  • Uncategorized
  • West Africa
  • World
  • World
  • ZAMBIA
  • Zambia
  • ZIMBABWE
  • Zimbabwe

Browse by Tags

African business news Africa New Africa News african footballer African investments African news African start-up Business Classic Content coronavirus Cyclone Idai Egypt Explore Bali Finance Foods football Health Hopewell Mauwa kwacha Life Style mali news Market Stories MthuliNcube news Odion Ighalo Oilandgas Opinion Pandemic Premium reserve bank of Zambia Russia soccer South Africa Southern African News sports Stay Home United Stated Vaccine Work From Home Wuhan Zambia Zimbabwe Zimbabwe Harare Manufacturing Africa Employment creationn Zimbabwe job creation

WHO WE ARE

The Southern African Times is a regional bloc digital newspaper that covers Southern African and the world news. The paper also gives a nuanced analysis on news and covers a wide range of reporting which include sports, entertainment, foreign affairs, arts and culture.

Facebook Twitter Youtube Instagram Rss

Copyright © 2022 The Southern African Times | Powered by The Southern African Times

Privacy Policy

Terms and Conditions

  • Home
  • Southern Africa
  • Global
  • Business
    • African Start ups
    • African Continental Free Trade Area
  • Tech
  • Opinion
  • Sports
  • Lifestyle
    • Health
    • Culture
    • Food and Drink
    • Entertainment
  • SAT Jobs

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
Are you sure want to unlock this post?
Unlock left : 0
Are you sure want to cancel subscription?