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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

Wealth distribution

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Background

Namibia

Lawmakers set to debating prison conditions and equitable wealth distribution

Lawmakers are set to debate prison conditions, infrastructure development, and equitable wealth distribution. Concerns are being raised about overcrowded correctional facilities and inadequate rehabilitation programs. Infrastructure talks are focusing on improving roads and public utilities in underserved regions. MPs are also examining how national resources are distributed under the One Namibia, One Nation principle. Further discussions are shaping potential reforms in these sectors.

todayMarch 6, 2025 11

Africa

Africa’s millionaire population expected to increase by 65%

There is USD 2.5 trillion in total investable wealth currently held on the African continent, and its millionaire population is set to rise by 65% over the next 10 years. This is according to the 2024 Africa Wealth Report, published by Henley & Partners and wealth intelligence company New World Wealth. In its 9th edition, the latest report reveals that there are currently 135,200 high-net-worth individuals with a liquid investable […]

todayApril 16, 2024 6