• Home
  • LOCAL NEWS
  • More than 500 000 Namibians lifted out of severe poverty – Geingob

More than 500 000 Namibians lifted out of severe poverty – Geingob

With overall poverty expected to increase by an estimated 4.2%, government is looking into a monthly cash transfer for marginalised communities as the first step to a conditional Basic Income Grant.
NAMPA
NAMPA







WINDHOEK

Since independence, given the comprehensive social safety net programmes, more than 500 000 Namibians have been lifted out of severe poverty, President Hage Geingob has said.

Geingob made these remarks during the African Green Revolution Forum (AGRF) Presidential 2021 Summit underway in Kenya, Nairobi, under the theme ‘Pathways to Recovery and Resilient Food Systems’, where heads of state and government drawn from the sub-Saharan Africa region have also reiterated their commitment to food security consensus as part of rampart recovery.

Geingob stated that during this administration’s first term in office, the food bank programme was rolled out across all regions, reaching 42 081 Namibians, while the drought relief Programme reached over 2.8 million Namibians cumulatively.

“During this period, no Namibian was reported to have died from hunger despite the country enduring one of the worst droughts in recent history,” Geingob added.

According to the October 2020 Socioeconomic Impact Assessment of Covid-19 in Namibia, overall poverty is expected to increase by an estimated 4.2% as a result of loss of income.

“We have thus responded by resolving to revise and convert the food bank and special feeding scheme for marginalised communities into a monthly cash transfer, as the first step to phase in a conditional Basic Income Grant,” he said.

Contributing to food security

To complement this social safety net programme, Geingob stated that Namibia will promote and facilitate the infusion of private strategic investments into the agricultural sector, noting that this ambition will contribute to the national goals of bolstering food security and self-sufficiency.

He said these schemes hold the potential to unlock the production of high-value crops and contribute to the export market demands while creating thousands of jobs.

“Namibia has established a green economic recovery plan as envisioned in June by African heads of state during the launch of the African Union Continental Green Recovery Action Plan. Our ambitious plans to develop a green and blue economy as articulated under the economic advancement pillar of our Harambee Prosperity Plan II is hinged on our ability to work with global and continental partners to capture our world-class renewable energy resource and utilise it to produce green hydrogen,” Geingob noted.

Fertile opportunity

According to the president, the emissions-free hydrogen will be converted into ammonia, which is a key building block for various fertiliser products. He said locally produced zero emissions fertiliser can be used to provide a fertile opportunity for local and regional sustainable economic development and will meaningfully contribute to a global effort to decarbonise economies while augmenting Africa’s ambitions to attain zero hunger.

“The new clean synthetic fuels industry has the potential to double our gross domestic product, create employment for thousands of Namibians and, importantly, contribute to a cleaner and more sustainable home for our children and our children’s children,” Geingob said.

Comments

Namibian Sun 2024-04-18

No comments have been left on this article

Please login to leave a comment

Premier League: Chelsea 6 vs 0 Everton LaLiga: Osasuna 0 vs 1 Valencia SerieA: Atalanta 2 vs 2 Hellas Verona | Fiorentina 1 vs 1 Genoa European Championships Qualifying: Southampton 3 vs 0 Preston North End English Championship: Southampton 3 vs 0 Preston North End Katima Mulilo: 18° | 34° Rundu: 18° | 33° Eenhana: 20° | 36° Oshakati: 22° | 35° Ruacana: 21° | 35° Tsumeb: 20° | 33° Otjiwarongo: 18° | 32° Omaruru: 20° | 34° Windhoek: 17° | 31° Gobabis: 18° | 31° Henties Bay: 16° | 24° Wind speed: 22km/h, Wind direction: S, Low tide: 06:51, High tide: 13:03, Low Tide: 18:49, High tide: 01:16 Swakopmund: 16° | 19° Wind speed: 23km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:01, Low Tide: 18:47, High tide: 01:14 Walvis Bay: 17° | 26° Wind speed: 28km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:00, Low Tide: 18:47, High tide: 01:13 Rehoboth: 18° | 32° Mariental: 21° | 34° Keetmanshoop: 21° | 35° Aranos: 20° | 33° Lüderitz: 15° | 28° Ariamsvlei: 21° | 35° Oranjemund: 15° | 24° Luanda: 26° | 29° Gaborone: 18° | 30° Lubumbashi: 16° | 25° Mbabane: 15° | 26° Maseru: 11° | 24° Antananarivo: 10° | 24° Lilongwe: 17° | 24° Maputo: 19° | 30° Windhoek: 17° | 31° Cape Town: 16° | 24° Durban: 19° | 26° Johannesburg: 15° | 26° Dar es Salaam: 23° | 29° Lusaka: 18° | 28° Harare: 15° | 28° Currency: GBP to NAD 23.7 | EUR to NAD 20.32 | CNY to NAD 2.63 | USD to NAD 19.06 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.02 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.62 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.1 | USD to AOA 832.83 | USD to BWP 13.77 | USD to EGP 48.28 | USD to KES 132.73 | USD to NGN 1147.53 | USD to ZAR 19.06 | USD to ZMW 25.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 72995.19 Down -0.01% | Namibian Stock Exchange (NSX) Overall Index 1521.3 Up +0.05% | Casablanca Stock Exchange (CSE) MASI 13384.83 Up +0.17% | Egyptian Exchange (EGX) 30 Index 29667.71 Up +0.91% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 385.33/OZ UP +0.73% | Copper US$ 4.40/lb UP +1.96% | Zinc US$ 2 832.60/T UP 0.42% | Brent Crude Oil US$ 87.17/BBP DOWN -0.0061 | Platinum US$ 938.43/OZ DOWN -0.0017 Sport results: Premier League: Chelsea 6 vs 0 Everton LaLiga: Osasuna 0 vs 1 Valencia SerieA: Atalanta 2 vs 2 Hellas Verona | Fiorentina 1 vs 1 Genoa European Championships Qualifying: Southampton 3 vs 0 Preston North End English Championship: Southampton 3 vs 0 Preston North End Weather: Katima Mulilo: 18° | 34° Rundu: 18° | 33° Eenhana: 20° | 36° Oshakati: 22° | 35° Ruacana: 21° | 35° Tsumeb: 20° | 33° Otjiwarongo: 18° | 32° Omaruru: 20° | 34° Windhoek: 17° | 31° Gobabis: 18° | 31° Henties Bay: 16° | 24° Wind speed: 22km/h, Wind direction: S, Low tide: 06:51, High tide: 13:03, Low Tide: 18:49, High tide: 01:16 Swakopmund: 16° | 19° Wind speed: 23km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:01, Low Tide: 18:47, High tide: 01:14 Walvis Bay: 17° | 26° Wind speed: 28km/h, Wind direction: SW, Low tide: 06:49, High tide: 13:00, Low Tide: 18:47, High tide: 01:13 Rehoboth: 18° | 32° Mariental: 21° | 34° Keetmanshoop: 21° | 35° Aranos: 20° | 33° Lüderitz: 15° | 28° Ariamsvlei: 21° | 35° Oranjemund: 15° | 24° Luanda: 26° | 29° Gaborone: 18° | 30° Lubumbashi: 16° | 25° Mbabane: 15° | 26° Maseru: 11° | 24° Antananarivo: 10° | 24° Lilongwe: 17° | 24° Maputo: 19° | 30° Windhoek: 17° | 31° Cape Town: 16° | 24° Durban: 19° | 26° Johannesburg: 15° | 26° Dar es Salaam: 23° | 29° Lusaka: 18° | 28° Harare: 15° | 28° Economic Indicators: Currency: GBP to NAD 23.7 | EUR to NAD 20.32 | CNY to NAD 2.63 | USD to NAD 19.06 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.33 | EGP to NAD 0.38 | KES to NAD 0.14 | NGN to NAD 0.02 | ZMW to NAD 0.74 | ZWL to NAD 0.04 | BRL to NAD 3.62 | RUB to NAD 0.2 | INR to NAD 0.23 | USD to DZD 134.1 | USD to AOA 832.83 | USD to BWP 13.77 | USD to EGP 48.28 | USD to KES 132.73 | USD to NGN 1147.53 | USD to ZAR 19.06 | USD to ZMW 25.45 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 72995.19 Down -0.01% | Namibian Stock Exchange (NSX) Overall Index 1521.3 Up +0.05% | Casablanca Stock Exchange (CSE) MASI 13384.83 Up +0.17% | Egyptian Exchange (EGX) 30 Index 29667.71 Up +0.91% | Botswana Stock Exchange (BSE) DCI Same 0 | NSX: MTC 7.75 SAME | Anirep 8.99 SAME | Capricorn Investment group 17.34 SAME | FirstRand Namibia Ltd 49 DOWN 0.50% | Letshego Holdings (Namibia) Ltd 4.1 UP 2.50% | Namibia Asset Management Ltd 0.7 SAME | Namibia Breweries Ltd 31.49 UP 0.03% | Nictus Holdings - Nam 2.22 SAME | Oryx Properties Ltd 12.1 UP 1.70% | Paratus Namibia Holdings 11.99 SAME | SBN Holdings 8.45 SAME | Trustco Group Holdings Ltd 0.48 SAME | B2Gold Corporation 47.34 DOWN 1.50% | Local Index closed 677.62 UP 0.12% | Overall Index closed 1534.6 DOWN 0.05% | Osino Resources Corp 19.47 DOWN 2.41% | Commodities: Gold US$ 2 385.33/OZ UP +0.73% | Copper US$ 4.40/lb UP +1.96% | Zinc US$ 2 832.60/T UP 0.42% | Brent Crude Oil US$ 87.17/BBP DOWN -0.0061 | Platinum US$ 938.43/OZ DOWN -0.0017