Through the Namibia Industrial Development Agency (NIDA), the Ministry of Industries, Mines and Energy (MIME) is advancing major industrialisation projects, including a pipe manufacturing initiative valued at N$390 million covering construction and operational phases.
Minister of Industries, Mines and Energy, Modestus Amutse, says the green hydrogen programme falls within Vision 2030 and the Sixth National Development Plan, with a clear objective to transition Namibia from a primary commodity exporter to a diversified, industrialised economy.
The Minister of Industries, Mines and Energy, Modestus Amutse, said it is not within his mandate to extend or terminate contracts of CEOs within mining companies.
Namibia can no longer depend on exporting raw minerals alone but must focus on adding value to its natural resources to create jobs, grow the economy, and increase local participation in the mining sector.
The Ministry of Industries, Mines and Energy has maintained fuel prices for this month, a move aimed at supporting price stability amid ongoing global market volatility.
Fuel prices for domestic consumption for unleaded petrol 95 will remain unchanged at N$20.58 per litre.
A public-private electrification project is transforming the lives of 257 families in the Usab Informal Settlement at Karibib.
Residents in the Usab Informal settlement used to suffer when they had no access to electricity.
An agreement to revive the Ondangwa Northern Tannery project, which has been dormant for 15 years, was signed in Windhoek on Friday.
The Namibian government has reaffirmed its commitment to working closely with the business fraternity to address challenges that hinder trade and investment growth.
