Editorial – Page 4 – Windhoek Observer

20 Feb

A golden buffer or gilded gamble? Bank of Namibia’s strategic bet on local gold

Editorial, Featured, 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…

19 Feb

Khomas region at a tipping point

Editorial, Featured

Namibia cannot afford to treat the latest census figures as just another statistical update. A 44.6% population increase in the Khomas region since 2011, pushing the population to nearly 495 000, is not merely demographic growth. It is a structural shift with profound economic, fiscal and social consequences for the entire country. Khomas, anchored by Windhoek, is not just another region. It is Namibia’s administrative headquarters, financial nerve centre and primary commercial hub. What happens in Khomas does not stay in Khomas. It reverberates across the nation’s economy and political system. And right now, the warning lights are flashing. Urbanisation…

18 Feb

Meatco must prove its turnaround is real, not cosmetic

Editorial, Featured

For an institution that has spent the better part of five years in financial distress, the announcement by the Meat Corporation of Namibia (Meatco) that it has recorded an operating profit of N$106 million is, on the face of it, welcome news. After consecutive annual losses between 2020 and 2024, repeated government bailouts and boardroom instability, any sign of recovery in a strategic national enterprise should be applauded. But applause must never replace accountability. We caution Meatco against becoming “trigger happy” in posting positive financial results, particularly if those results are framed in a manner designed to impress the government…

17 Feb

FATF: reforming for compliance, guarding against overreach

Editorial, Featured

The government says we have made measurable progress in addressing the deficiencies identified by the Financial Action Task Force (FATF) as we work toward exiting the grey list. That progress is welcome. But as reforms gather pace, we must ensure that compliance strengthens our economy rather than quietly constraining it. Grey listing does not mean our country is corrupt. It signals weaknesses in systems meant to combat money laundering and terrorism financing. For us, a small, open economy dependent on diamonds, uranium, fisheries, tourism and regional trade, reputation matters. International banks and investors pay attention to these signals, sometimes more…

16 Feb

A necessary line in the sand: protecting public housing and restoring accountability

Editorial, Featured, Opinions

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…

12 Feb

Another shack fire, another funeral, another promise unkept

Editorial

At 03h00 on Tuesday morning in Kuisebmond’s Kilimanjaro Street, neighbours were awakened by screams. Not by thunder. Not by celebration. Not by alarm sirens. By screams. By the time they ran outside, a hardboard shack was already engulfed in flames. Inside, trapped, were 20-year-old Beauty Guidao-Oas and her two-year-old niece, Gloria Guibes. Neighbours tried to break into the structure. They tried to save them. The fire was too fierce. It spread rapidly, consuming six shacks and affecting fourteen people. By sunrise, two lives were gone. Another shack fire. Another funeral. Another police statement confirming bodies transported to the mortuary and…

11 Feb

Diamonds in decline: Namibia’s economic backbone faces a wake-up call

Editorial

For decades, diamonds have been more than just glittering stones in Namibia. They have been a symbol of national pride, a key driver of economic growth, and a cornerstone of our export-led economy. Today, however, the foundations of this once-stable sector are visibly shaking. Global demand remains subdued, diamond prices have declined, and established players like De Beers, long regarded as a pillar of the industry, are under mounting pressure to reassess their market valuation. The choices made in the coming months will have profound consequences for our nation, our businesses, and the livelihoods of thousands of Namibians. The signals…

10 Feb

Why Namibia’s Constitution Day must matter more than ever

Editorial, Featured

Every year on 9 February, Namibia marks Constitution Day. It is a date that should command national attention, deep reflection and collective pride. Yet too often it passes quietly, almost unnoticed, despite the immense significance it holds in the life of our Republic. On 9 February 1990, just weeks before Independence, the Namibian Constitution was adopted, laying the legal and moral foundation upon which our democracy was built. This year, Constitution Day falls in a month heavy with national grief and remembrance. On 8 February, the nation mourned the passing of its Founding Father and first President, Dr Sam Shafiishuna…

09 Feb

Justine Shiweda did not have to die; not like this

Editorial, Featured

Namibia is mourning, but mourning alone is not enough. The death of Justine Shiweda, a public prosecutor who died from injuries sustained in a brutal, targeted attack, should leave this nation shaken to its moral core. She did not die of illness. She did not die by accident. She died in the line of duty because she dared to do her job. And that should outrage every single one of us. Justine Shiweda did not deserve to die. Not like this. Not violently. Not as a warning. Not as collateral damage in a society that too often shrugs when women…

06 Feb

When tourists become targets, the nation is at risk

Editorial

President Netumbo Nandi-Ndaitwah’s warning about the rising incidents of crime targeting tourists should be taken with the seriousness it deserves. Speaking at the opening of the Legal Year at the Supreme Court, the President correctly noted that such crimes do not merely harm individual victims but threaten jobs, livelihoods and Namibia’s hard-earned global reputation. These are not abstract concerns. They go to the heart of our economy, our national identity, and our moral compass as a people. We share the President’s concern deeply. Yes, tourism is a commercial industry. It generates revenue, supports employment and contributes significantly to national development.…