Author: Maihapa Ndjavera (Maihapa Ndjavera )

The Bank of Namibia (BoN) monetary policy committee (MPC) is expected to make the fourth monetary policy announcement of the year today at the bank’s Oshakati branch. 

While sharing and harvesting ideas for the national budget formulation, finance minister Iipumbu Shiimi says education and health sectors remain priorities, despite repeated undesirable results. 

The overall water supply situation remains a major concern in many areas of the country due to poor rainfall received for the season. As such, most water catchment areas have already dried up due to insufficient water inflow.

T he ne w ly es t a b l i s h e d Implementation Authority Office for the green hydrogen programme has resulted in numerous questions in the public domain. 

The state of food security in Namibia has significantly deteriorated as a result of a highly unfavourable agricultural production during the 2022/2023 cropping season.

The Japanese government’s increased interest in Africa’s rare earth minerals, particularly lithium and cobalt, resulted in an agreement being signed with Namibia this week, which aims to enhance mining sector cooperation. 

Trade minister Lucia Iipumbu has urged newly appointed board members and management at state-owned enterprises (SOEs) to focus on matters that drive economic revival. Speaking at Monday’s inauguration of board members, Iipumbu said there is no room nor time to waste on unimportant issues.

Russian mining companies are convinced of the economic viability and environmental friendliness of the controversial in-situ leach (ISL) mining method. The method is defined as the extraction of uranium from the host sandstone by chemical solutions, resulting in the recovery of uranium at the surface. 

TransNamib will soon operate the first dual-fuel locomotive in Africa. If all goes according to plan, two locomotives being converted locally and in South Africa will utilise a combination of green hydrogen to be produced in Namibia and diesel fuel.