This implies that over 50 per cent of the Namibian population does not have secure and tradable land rights. It further means that half of the Namibian people cannot use their land to raise capital. Consequently, it means that 38 per cent of Namibia’s land is what is termed as “dead capital”.
Director of Ceremonies, this is another example of a dual Namibia, that is, one country, with a less formal tenure system for the communal areas and an advanced one that allows for security and tradability for the rest of the country. Ladies and Gentlemen, the land tenure system is an important factor in explaining development or lack thereof.