Approach must be unique
Approach must be unique

Approach must be unique

Jemima Beukes
Reducing inequality is not easy, but Namibia will set a benchmark for the world to follow President Hage Geingob said.
Speaking during the Leadership Seminar on Closing the Gap of Inequality in Windhoek yesterday, the president said Namibia wishes to rid itself of inequality before it becomes fatal.
According to Geingob, a large number of black Namibians remain on the margin of the economy, despite common belief that the country has a good income.
“Namibia needs a tailor-made approach to reducing inequality, therefore, it should be like a suit, perfectly tailored to fit our unique body. We therefore cannot merely rent a body,” he said.
He also noted that meaningful and sustained development is not possible without effective leadership.
“I have no doubt that the concentration of intellectual knowledge and capacity, as well as leadership experience that is present here today will result in the realisation of tangible results in some of the key outcomes that we would like to achieve under the Harambee Prosperity Plan,” he said.
According to Geingob the country is committed to grow the economy in a sustained an inclusive manner and steer the country towards a future of shared prosperity, characterised by equitable income distribution.
“We can be proud that despite numerous challenges, we have made tremendous progress both politically, economically and socially. We have much to be grateful as a nation,” he said.
The seminar has been attended by the president, deputy ministers, regional governors, permanent secretaries and judiciary heads.
The two-day seminar held under the theme ‘Closing the Gap of Inequality’ is led by Professor Joseph Stiglitz, an American economist.


Stiglitz will present the combined principles of his two books titled, ‘The Price of Inequality’ and ‘The Great Divide’.
A high-level leadership seminar will be held this morning that will appeal to parliamentarians, business leaders, civil society and labour activists.
Later today a public lecture will be hosted for media practitioners and will be moderated by press secretary Albertus Aochamub.
The lecture will interrogate the media as the, ‘Fourth Arm of Democracy’.
The programme will conclude with the launch of the Namibia Business and Investment Guide this evening.


JEMIMA BEUKES

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Namibian Sun 2024-09-22

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Currie Cup: Fidelity ADT Lions 14 vs 16 Hollywoodbets Sharks XV Rugby Championship: Argentina 29 vs 28 Springboks | Australia 28 vs 31 New Zealand Premier League: Crystal Palace 0 vs 0 Manchester United | Tottenham Hotspur 3 vs 1 Brentford | Southampton 1 vs 1 Ipswich Town | Liverpool 3 vs 0 Bournemouth | Leicester City 1 vs 1 Everton | Fulham 3 vs 1 Newcastle | Aston Villa 3 vs 1 Wolves | West Ham 0 vs 3 Chelsea LaLiga: Real Madrid 4 vs 1 Espanyol | Valencia 2 vs 0 Girona | Osasuna 2 vs 1 Las Palmas | Real Valladolid 0 vs 0 Real Sociedad | Deportivo Alaves 2 vs 1 Sevilla | Leganés 0 vs 2 Athletic Club SerieA: Lecce 2 vs 2 Parma | Juventus 0 vs 0 Napoli | Venezia 2 vs 0 Genoa | Hellas Verona 2 vs 3 Torino | Cagliari 0 vs 2 Empoli European Championships Qualifying: West Bromwich Albion 1 vs 0 Plymouth Argyle | Sheffield United 1 vs 0 Derby County | Luton Town 2 vs 1 Sheffield Wednesday | Coventry City 1 vs 2 Swansea City | Cardiff City 0 vs 2 Leeds United | Burnley 2 vs 1 Portsmouth | Bristol City 2 vs 1 Oxford United | Sunderland 1 vs 0 Middlesbrough | Queens Park Rangers 1 vs 1 Millwall FC | Norwich City 4 vs 1 Watford | Stoke City 1 vs 3 Hull City English Championship: West Bromwich Albion 1 vs 0 Plymouth Argyle | Sheffield United 1 vs 0 Derby County | Luton Town 2 vs 1 Sheffield Wednesday | Coventry City 1 vs 2 Swansea City | Cardiff City 0 vs 2 Leeds United | Burnley 2 vs 1 Portsmouth | Bristol City 2 vs 1 Oxford United | Sunderland 1 vs 0 Middlesbrough | Queens Park Rangers 1 vs 1 Millwall FC | Norwich City 4 vs 1 Watford | Stoke City 1 vs 3 Hull City Katima Mulilo: 18° | 34° Rundu: 21° | 35° Eenhana: 22° | 35° Oshakati: 22° | 35° Ruacana: 21° | 36° Tsumeb: 21° | 31° Otjiwarongo: 19° | 31° Omaruru: 18° | 33° Windhoek: 16° | 29° Gobabis: 17° | 30° Henties Bay: 13° | 22° Wind speed: 19km/h, Wind direction: S, Low tide: 07:45, High tide: 14:07, Low Tide: 20:11, High tide: 02:00 Swakopmund: 13° | 16° Wind speed: 18km/h, Wind direction: SW, Low tide: 07:43, High tide: 14:05, Low Tide: 20:09, High tide: 02:00 Walvis Bay: 12° | 23° Wind speed: 23km/h, Wind direction: SW, Low tide: 07:43, High tide: 14:04, Low Tide: 20:09, High tide: 02:00 Rehoboth: 17° | 31° Mariental: 19° | 34° Keetmanshoop: 20° | 35° Aranos: 17° | 33° Lüderitz: 14° | 22° Ariamsvlei: 19° | 35° Oranjemund: 15° | 24° Luanda: 22° | 23° Gaborone: 10° | 25° Lubumbashi: 19° | 33° Mbabane: 7° | 19° Maseru: 8° | 20° Antananarivo: 14° | 28° Lilongwe: 17° | 23° Maputo: 13° | 23° Windhoek: 16° | 29° Cape Town: 15° | 28° Durban: 12° | 23° Johannesburg: 9° | 21° Dar es Salaam: 23° | 32° Lusaka: 16° | 23° Harare: 12° | 26° Currency: GBP to NAD 23.26 | EUR to NAD 19.53 | CNY to NAD 2.48 | USD to NAD 17.5 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.16 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.91 | USD to AOA 927.77 | USD to BWP 13.17 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.42 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1831.97 Down -0.38% | Casablanca Stock Exchange (CSE) MASI 14246.86 Up +0.44% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 622.24/OZ UP +1.35% | Copper US$ 4.31/lb DOWN -0.0032 | Zinc US$ 2 884.80/T DOWN -0.23% | Brent Crude Oil US$ 74.74/BBP DOWN -0.0019 | Platinum US$ 976.09/OZ DOWN -0.0067 Sport results: Currie Cup: Fidelity ADT Lions 14 vs 16 Hollywoodbets Sharks XV Rugby Championship: Argentina 29 vs 28 Springboks | Australia 28 vs 31 New Zealand Premier League: Crystal Palace 0 vs 0 Manchester United | Tottenham Hotspur 3 vs 1 Brentford | Southampton 1 vs 1 Ipswich Town | Liverpool 3 vs 0 Bournemouth | Leicester City 1 vs 1 Everton | Fulham 3 vs 1 Newcastle | Aston Villa 3 vs 1 Wolves | West Ham 0 vs 3 Chelsea LaLiga: Real Madrid 4 vs 1 Espanyol | Valencia 2 vs 0 Girona | Osasuna 2 vs 1 Las Palmas | Real Valladolid 0 vs 0 Real Sociedad | Deportivo Alaves 2 vs 1 Sevilla | Leganés 0 vs 2 Athletic Club SerieA: Lecce 2 vs 2 Parma | Juventus 0 vs 0 Napoli | Venezia 2 vs 0 Genoa | Hellas Verona 2 vs 3 Torino | Cagliari 0 vs 2 Empoli European Championships Qualifying: West Bromwich Albion 1 vs 0 Plymouth Argyle | Sheffield United 1 vs 0 Derby County | Luton Town 2 vs 1 Sheffield Wednesday | Coventry City 1 vs 2 Swansea City | Cardiff City 0 vs 2 Leeds United | Burnley 2 vs 1 Portsmouth | Bristol City 2 vs 1 Oxford United | Sunderland 1 vs 0 Middlesbrough | Queens Park Rangers 1 vs 1 Millwall FC | Norwich City 4 vs 1 Watford | Stoke City 1 vs 3 Hull City English Championship: West Bromwich Albion 1 vs 0 Plymouth Argyle | Sheffield United 1 vs 0 Derby County | Luton Town 2 vs 1 Sheffield Wednesday | Coventry City 1 vs 2 Swansea City | Cardiff City 0 vs 2 Leeds United | Burnley 2 vs 1 Portsmouth | Bristol City 2 vs 1 Oxford United | Sunderland 1 vs 0 Middlesbrough | Queens Park Rangers 1 vs 1 Millwall FC | Norwich City 4 vs 1 Watford | Stoke City 1 vs 3 Hull City Weather: Katima Mulilo: 18° | 34° Rundu: 21° | 35° Eenhana: 22° | 35° Oshakati: 22° | 35° Ruacana: 21° | 36° Tsumeb: 21° | 31° Otjiwarongo: 19° | 31° Omaruru: 18° | 33° Windhoek: 16° | 29° Gobabis: 17° | 30° Henties Bay: 13° | 22° Wind speed: 19km/h, Wind direction: S, Low tide: 07:45, High tide: 14:07, Low Tide: 20:11, High tide: 02:00 Swakopmund: 13° | 16° Wind speed: 18km/h, Wind direction: SW, Low tide: 07:43, High tide: 14:05, Low Tide: 20:09, High tide: 02:00 Walvis Bay: 12° | 23° Wind speed: 23km/h, Wind direction: SW, Low tide: 07:43, High tide: 14:04, Low Tide: 20:09, High tide: 02:00 Rehoboth: 17° | 31° Mariental: 19° | 34° Keetmanshoop: 20° | 35° Aranos: 17° | 33° Lüderitz: 14° | 22° Ariamsvlei: 19° | 35° Oranjemund: 15° | 24° Luanda: 22° | 23° Gaborone: 10° | 25° Lubumbashi: 19° | 33° Mbabane: 7° | 19° Maseru: 8° | 20° Antananarivo: 14° | 28° Lilongwe: 17° | 23° Maputo: 13° | 23° Windhoek: 16° | 29° Cape Town: 15° | 28° Durban: 12° | 23° Johannesburg: 9° | 21° Dar es Salaam: 23° | 32° Lusaka: 16° | 23° Harare: 12° | 26° Economic Indicators: Currency: GBP to NAD 23.26 | EUR to NAD 19.53 | CNY to NAD 2.48 | USD to NAD 17.5 | DZD to NAD 0.13 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.35 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.65 | ZWL to NAD 0.04 | BRL to NAD 3.16 | RUB to NAD 0.19 | INR to NAD 0.21 | USD to DZD 131.91 | USD to AOA 927.77 | USD to BWP 13.17 | USD to EGP 48.46 | USD to KES 128.48 | USD to NGN 1593.37 | USD to ZAR 17.42 | USD to ZMW 26.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index Same 0 | Namibian Stock Exchange (NSX) Overall Index 1831.97 Down -0.38% | Casablanca Stock Exchange (CSE) MASI 14246.86 Up +0.44% | Egyptian Exchange (EGX) 30 Index 30937.69 Up +1.96% | Botswana Stock Exchange (BSE) DCI 9651.25 Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 622.24/OZ UP +1.35% | Copper US$ 4.31/lb DOWN -0.0032 | Zinc US$ 2 884.80/T DOWN -0.23% | Brent Crude Oil US$ 74.74/BBP DOWN -0.0019 | Platinum US$ 976.09/OZ DOWN -0.0067