Financial Struggles Worsen as State Support and Shack Dwellings Increase

About 25% of Namibians earning an income spend only N$521 monthly, while 90% cannot afford more than N$5,000, reflecting widespread financial struggles, according to Cirrus Capital. State support sustains nearly a quarter of households, with drought relief beneficiaries doubling to 364,927 in 2024. Shack dwellers now make up 28.7% of households, tripling since 2011 to 217,000, especially in the Khomas region. Rising inflation and declining self-sourced income have worsened inequality across the country.