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EDITORIAL: Dancing around the golden calf

Besides breaking free from the heinous yoke of oppression, apartheid and colonialism, the liberation struggles waged in Africa - and specifically in our region - were spurred on by the hopes of a better life and the restoration of dignity, which largely remain unfulfilled.

The golden calves of corruption and self-enrichment have laid waste to so many grand desires and dreams, as leaders dance around the idols of greed and pampering. Even a cursory look at the former liberation movements that eventually ascended to political power in southern Africa reveals their evolution into parties that have vacuumed resources meant for the benefit of the poor and still disadvantaged. This mockery has spawned both populism and apathy among the restless majority, who look on with hungry eyes as the rich get richer, and the poor get poorer.

In some regional nations, the ‘ruling party’ has overtaken the country as more important, and decisions are made not in national interest, but to keep warring intra-party factions from tearing former liberation movements from limb to limb.

It is, of course, true that when elephants fight - even those from the same herd - it the grass that suffers. What cannot continue is how resources, power and money are dished out based on political proximity. We cannot allow individuals to continue to stuff their pockets on the basis that they are connected to those who wield the levers of political power.

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Namibian Sun 2025-01-20

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Katima Mulilo: 19° | 27° Rundu: 19° | 30° Eenhana: 20° | 35° Oshakati: 23° | 34° Ruacana: 21° | 35° Tsumeb: 19° | 28° Otjiwarongo: 19° | 30° Omaruru: 22° | 36° Windhoek: 22° | 31° Gobabis: 20° | 32° Henties Bay: 16° | 21° Swakopmund: 16° | 18° Walvis Bay: 16° | 21° Rehoboth: 22° | 34° Mariental: 25° | 36° Keetmanshoop: 23° | 39° Aranos: 24° | 36° Lüderitz: 16° | 28° Ariamsvlei: 22° | 39° Oranjemund: 15° | 25° Luanda: 25° | 27° Gaborone: 22° | 31° Lubumbashi: 17° | 19° Mbabane: 16° | 25° Maseru: 17° | 32° Antananarivo: 17° | 25° Lilongwe: 17° | 26° Maputo: 22° | 32° Windhoek: 22° | 31° Cape Town: 17° | 29° Durban: 21° | 25° Johannesburg: 17° | 29° Dar es Salaam: 27° | 32° Lusaka: 17° | 21° Harare: 17° | 21° Currency: GBP to NAD 22.92 | EUR to NAD 19.09 | CNY to NAD 2.5 | USD to NAD 18.09 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3 | RUB to NAD 0.17 | INR to NAD 0.21 | USD to DZD 132.89 | USD to AOA 910.98 | USD to BWP 13.67 | USD to EGP 49.54 | USD to KES 129.61 | USD to NGN 1678.72 | USD to ZAR 18.09 | USD to ZMW 26.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 84700.44 Up +1.25% | Namibian Stock Exchange (NSX) Overall Index 1834.96 Up +2.25% | Casablanca Stock Exchange (CSE) MASI 16021.76 Down -0.37% | Egyptian Exchange (EGX) 30 Index 29728.61 Up +0.42% | Botswana Stock Exchange (BSE) DCI 10061.77 Up +0.02% | 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$ 2 708.65/OZ UP +0.45% | Copper US$ 4.29/lb DOWN -0.0096 | Zinc US$ 2 980.00/T UP 0.75% | Brent Crude Oil US$ 79.91/BBP DOWN -0.0162 | Platinum US$ 947.64/OZ DOWN -0.0016 Sport results: Weather: Katima Mulilo: 19° | 27° Rundu: 19° | 30° Eenhana: 20° | 35° Oshakati: 23° | 34° Ruacana: 21° | 35° Tsumeb: 19° | 28° Otjiwarongo: 19° | 30° Omaruru: 22° | 36° Windhoek: 22° | 31° Gobabis: 20° | 32° Henties Bay: 16° | 21° Swakopmund: 16° | 18° Walvis Bay: 16° | 21° Rehoboth: 22° | 34° Mariental: 25° | 36° Keetmanshoop: 23° | 39° Aranos: 24° | 36° Lüderitz: 16° | 28° Ariamsvlei: 22° | 39° Oranjemund: 15° | 25° Luanda: 25° | 27° Gaborone: 22° | 31° Lubumbashi: 17° | 19° Mbabane: 16° | 25° Maseru: 17° | 32° Antananarivo: 17° | 25° Lilongwe: 17° | 26° Maputo: 22° | 32° Windhoek: 22° | 31° Cape Town: 17° | 29° Durban: 21° | 25° Johannesburg: 17° | 29° Dar es Salaam: 27° | 32° Lusaka: 17° | 21° Harare: 17° | 21° Economic Indicators: Currency: GBP to NAD 22.92 | EUR to NAD 19.09 | CNY to NAD 2.5 | USD to NAD 18.09 | DZD to NAD 0.14 | AOA to NAD 0.02 | BWP to NAD 1.28 | EGP to NAD 0.36 | KES to NAD 0.14 | NGN to NAD 0.01 | ZMW to NAD 0.66 | ZWL to NAD 0.04 | BRL to NAD 3 | RUB to NAD 0.17 | INR to NAD 0.21 | USD to DZD 132.89 | USD to AOA 910.98 | USD to BWP 13.67 | USD to EGP 49.54 | USD to KES 129.61 | USD to NGN 1678.72 | USD to ZAR 18.09 | USD to ZMW 26.95 | USD to ZWL 321 | Stock Exchange: JSE All Share Index 84700.44 Up +1.25% | Namibian Stock Exchange (NSX) Overall Index 1834.96 Up +2.25% | Casablanca Stock Exchange (CSE) MASI 16021.76 Down -0.37% | Egyptian Exchange (EGX) 30 Index 29728.61 Up +0.42% | Botswana Stock Exchange (BSE) DCI 10061.77 Up +0.02% | 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$ 2 708.65/OZ UP +0.45% | Copper US$ 4.29/lb DOWN -0.0096 | Zinc US$ 2 980.00/T UP 0.75% | Brent Crude Oil US$ 79.91/BBP DOWN -0.0162 | Platinum US$ 947.64/OZ DOWN -0.0016