National

Thirteen boreholes are currently being drilled in the Oshikoto region to address the water crisis.

Senior hydrologist in the ministry of agriculture Leonard Hango confirmed that efundja has reached the Omusati region.

Health minister, Dr Kalumbi Shangula said the ministry is committed to attaining Universal Health Coverage (UHC) for Namibia and progress has been made thus far.

The Tsumeb Municipality, Road Fund Administration (RFA) and Roads Authority (RA) on Tuesday signed a three-year agreement to maintain and rehabilitate key roads in the town that have become dilapidated.

The continued formalisation of informal settlements, electrification of streets and houses as well as improving the general living standards of the town’s inhabitants are some of the top priorities for new Okakarara mayor Samuelline Ngairo.

Stocks fell yesterday, extending the sell-off seen on Wall Street, with analysts warning November’s rally, fuelled by bets on interest rate cuts, may have gone too far, forcing traders to take a step back.

The International Air Transport Association (IATA) released data for October 2023 on global air cargo markets, which indicates the third consecutive month of stronger year-on-year demand.

Both petrol and diesel prices will decrease by N$1.30 per litre today, 6 December 2023. This means the petrol price at the port of entry in Walvis Bay will be N$21.58 per litre, diesel 50ppm will be N$21.85 per litre, and diesel I0ppm will be N$22.05 per litre.

The impact of alleged currency manipulation by 28 local and international banks which apparently took place more than a decade ago and was recently uncovered by South African regulators, has been allayed through relevant legislation and a transparent banking sector.