07
Aug
The Namibian government’s recent announcement that it will take up a 51% stake in all mining operations came at an interesting time, right in the middle of the Mining Expo, where international investors were visiting the country. The timing was clearly intentional, aimed at signaling a new era of resource nationalism. For many Namibians, the declaration sounded like a long-overdue corrective to decades of foreign dominance in the sector. The applause was loud, and understandably so. Who would not support the idea of Namibians finally owning the wealth beneath their soil? But beneath the rhetoric lies a more complicated reality.…