After its monthly review, the Ministry of Industries, Mines and Energy has decided to keep the fuel price for November unchanged.

The Bank of Namibia has condemned recent acts of currency mutilation circulating on social media.

The central bank warns of serious legal action against any person tampering with the features of the country's banknotes and new coinage series.

Although global oil prices have increased, local motorists will not pay extra for fuel in October. Local prices for both petrol and diesel grades remain unchanged.

The declining cost of unleaded petrol and automotive diesel oil in the global oil market is among several factors that led to the fuel prices for the month of September remaining unchanged.

Individual councillors involved in the Katima Mulilo Town Council Land for Vehicle programme will be held responsible for the legal costs in case companies that participated in the project decide to sue the government through the Town Council.

The Ministry of Agriculture, Fisheries, Water and Land Reform is in the process of reviewing and strengthening policy and legislative reforms to reduce food imports and scaling up production through green scheme projects.

The transport sector heads into the month of June with a bit of relief, with motorists set to pay less for both petrol and diesel.

The price of petrol will decrease by 30 cents per litre, while prices of both diesel variants, Diesel 50ppm and Diesel 10ppm will decrease by 70 cents per litre.

Consumers in the |Khomas Region paid more for average retail prices of selected products for December last year compared to other regions.

This is contained in the Consumer Price Index released by the Namibia Statistics Agency (NSA).

Fixed-line subscriptions continue with a downward trend as more Namibians are now using mobile telecommunications services.

Motorists will not need to budget for extra fuel during the festive season, as petrol and diesel prices will remain unchanged in January 2025.

The fuel price trends in December showed a moderate rise in diesel prices, driven by the continued uptick in global demand.