Namibians, much like people worldwide, find themselves confronting a pressing cost of living crisis. In brief, here’s why: the country likely faces double-digit inflation, and.
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Inequality holds Namibia back… analysts call for major socio-economic intervention
2021-03-03
A local labour expert has warned that without a fundamental change in Namibia’s social and economic architecture, the country will continue to see rising levels of inequality.
This warning by Herbert Jauch is issued even though between 1990 and 2019 Namibia’s Human Development Index (HDI) increased by more than 11% from 0.581 to 0.646. Despite this improvement, the UN report shows that Namibia remains one of the most unequal societies in the world where more than 50% of the population earn less than N$1 400 per month. “Socio-economic inequalities do not disappear simply because equal legal rights are introduced. This is clearly shown in Namibia where huge levels of inequality have been maintained since independence. The power imbalance in society has remained and therefore inequalities continue to reproduce themselves,” said Jauch in response to questions by