In response to the high cost of living, the Tsumeb Municipality has approved a budget of N$171 million for the 2023–2024 financial year.

The budget aims to strike a balance between residents' needs, future planning, and investments.

Additionally, residents can breathe a sigh of relief as the municipality announces that there will be no increases on rates and taxes, sewerage, refuse, water, building plan fees, or fitness certificates.

While presenting the budget, Mayor Mathews Hangula stated that it has been designed to address the impact of inflation on service delivery and safeguard the survival of numerous households and businesses.

"We recognise the opportunity we have this year to move forward together, listening to each other in a spirit of unity and respect. The budget we present today reinforces a surplus forecast for this year with less debt and smaller deficits compared with recent budgets. In all our decisions, we seek to strike a considered, disciplined balance between spending restraint to keep the pressure off inflation while doing what we can to help people struggling to make ends meet. Seeing our people through hard times and settling our town up for a better future."
 
The council, Hangula said, will spend N$60 million on infrastructure projects to benefit residents.

"The bulk of which will go towards the servicing of extension 9 in Nomtsoub with water, sanitation, and electrification, the upgrading of the water dam, construction of the water filtration plant, and upgrading the road infrastructure."
  
N$2.6 million goes towards the council's social responsibility to assist pensioners with properties in the town.