On March 21, 2025, Netumbo Nandi-Ndaitwah was inaugurated as Namibia’s first feminine president, marking a historic milestone for the nation. In her inaugural handle, she emphasised plans to diversify the economic system past its conventional reliance on pure assets. A key element of this technique contains boosting investments within the agricultural sector to reinforce home meals manufacturing and obtain self-sufficiency. Nandi-Ndaitwah additionally highlighted the significance of worth addition to pure assets, aiming to make sure that Namibians profit extra instantly from the nation’s wealth. Addressing the nation’s excessive unemployment charges, significantly among the many youth, she underscored the necessity for job creation by way of financial diversification. Moreover, the president dedicated to upholding excessive moral requirements in public service and intensifying efforts to fight corruption. Regardless of current financial development pushed by investments in oil, fuel, and inexperienced hydrogen, Namibia continues to grapple with vital revenue inequality, rating second highest globally in response to World Financial institution information.
Supply: Reuters
