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Namibia

LPM Rejects Oil and Gas Bill Amendments

Landless People’s Movement leader Bernadus Swartbooi says the party opposes proposed amendments to the Exploration and Production Amendment Bill that would place the upstream oil and gas sector under presidential control, reports Namibia Business Review. Critics argue the move would weaken parliamentary oversight and reduce the authority of the Minister of Industries, Mines and Energy. Swartbooi instead called for stronger action against alleged corruption within the ministry and state-owned petroleum company Namcor. 

today19 February, 2026

Namibia

Fuel Prices Remain Unchanged for November

The Ministry of Industrialisation, Mines, and Energy has announced that fuel prices will remain unchanged for November. Petrol will stay at N$20.37 per litre, while Diesel 50ppm and Diesel 10ppm will remain at N$19.92 and N$20.02 per litre, respectively. The ministry added that the National Energy Fund will continue to support the adjustment in the industry margin. Here is Simonis Storm economist, Almandro Jansen.

today3 November, 2025