Namibia’s first lady pledges to give all her wealth to charity

Namibia's first lady pledges to give all her wealth to charity





© Leigh Vogel/Getty Images for Concordia Summit
FILE: First Lady of the Republic of Namibia Monica Geingos speaks onstage during the 2018 Concordia Annual Summit – Day 2 at Grand Hyatt New York on September 25, 2018 in New York City.


WINDHOEK – Promising to give away all her wealth – estimated at $3 million – to charity when she dies, Monica Geingos is on a mission to change the image of African first ladies and tackle sexism and inequality in Namibia, the world’s second most unequal country.

Tool: Currency converter 

Geingos married Hage Geingob on Valentine’s Day in 2015 – a month before he was sworn in as president of the southern African desert nation, which gained independence from apartheid South Africa in 1990 but remains starkly unequal.

The couple then voluntarily declared their combined assets of some 110 million Namibian dollars ($7.44 million), a popular move in a continent where politicians and their wives, like Zimbabwe’s Grace Mugabe, grab headlines over unexplained riches.

“I strongly believe that inheritance is one of the biggest drivers of inequality,” the 43-year-old lawyer and former head of Namibia’s first and largest private equity fund, told the Thomson Reuters Foundation in an interview at State House.

“If I’m telling poor children that they must be well educated, have the right attitude, and they must stay away from self-destructive behaviour and they’ll be fine, then surely that message should apply to my kids too?”

About 6% of Namibia’s 2.5 million people are white. They dominate businesses and land ownership, a legacy of German and South African colonial rule, along with a growing black elite.

Her veteran politician husband, who is about 30 years her senior, both have children from previous marriages.

Geingob faced criticism last year over the ‘fishrot’ scandal involving allegations that two ministers received kickbacks from an Icelandic fishing company in exchange for fishing quotas. Both men were arrested.

PRIVILEGE

While presidents’ wives are often portrayed as promiscuous, materialistic or political meddlers, said Geingos, her contemporaries are in reality doctors, economists and academics “who ran very productive lives before they became first ladies”.

Geingos has thrown her weight as first lady behind the One Economy Foundation, which she founded in 2016, and plans to leave all her money to it when she dies.

“Of all my achievements, the title of first lady resonates the least with me because it’s the one title that I have really done nothing to deserve, that I got by virtue of marriage,” said Geingos, whose husband won a second and final term in November.

“It is, to me, a form of unearned privilege but … it has changed a lot of my views on socio-economic issues in the country,” she said, adding that it felt “schizophrenic” to witness both wealth and poverty in her life and work.

Geingos’ parents were only allowed a basic primary education under Namibia’s racially segregated regime – an injustice which she said drives her to make the most of her life.

Her charity lends money to entrepreneurs, gives grants to students and supports victims of gender-based violence. Its board members include a security guard and a domestic worker.

Geingos offered free legal and psychosocial support to victims of sexual harassment last year when Namibia’s own #MeToo movement went viral on social media, with hundreds of women naming and shaming sexual predators.

Namibia ranked 12 out of 153 surveyed countries in the World Economic Forum’s Global Gender Gap, beating Denmark and France.

But Geingos said sexism remains common in Namibia’s private sector and media, which is quick to tear down prominent women like Isabel Dos Santos, Africa’s richest woman and daughter of Angola’s former president, recently accused of corruption.

“I am not saying she isn’t guilty. But there is a lack of consistency (in media coverage),” Geingos said adding that she and Geingob will soon update their wealth declaration.

“You will always be accused of everything under the sun in these kind of roles. But what you can do is put the information out there and let people decide themselves.”

She denied rumours of her presidential ambitions.

“I am not available for any executive political function … I am very convinced that you do not need to be a politician to effect change,” she said. “But I do feel this deep need that I can and I must do more.”

Billionaires’ Row and Clifton: World’s wealthiest neighbourhoods (Provided by StarsInsider) 

($1 = 14.8110 Namibian dollars) (Reporting by Kim Harrisberg @kimharrisberg; Editing by Katy Migiro.

Thomson Reuters Foundation is the charitable arm of Thomson Reuters, that covers humanitarian news, women’s and LGBT+ rights, human trafficking, property rights, and climate change. 

Leave a Comment