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Namibia: LPM calls for 71% youth leadership and 50% state-owned mining – News

Namibia: LPM calls for 71% youth leadership and 50% state-owned mining – News

Africa Links 24 with Shelleygan Petersen
Published on 2024-10-14 17:00:00

The Landless People’s Movement (LPM) will renegotiate all Namibia’s mining deals for the state to own more than 50%.

This is detailed in the party’s 85-page manifesto.

“Renegotiate all mining deals for the state to own not less than a 50% stake in all mining activities similar to the De Beers and government’s 50/50 deal,” the manifesto reads.

Social and economic justice activist Nafimane Hamukoshi yesterday said this move could be seen as an attempt to regain control…

Read the Full article on The Namibian

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