insert_link Business / Economics Fuel Prices Review Complete for January The Ministry of Industries, Mines and Energy’s Anna Salkeus announced that the review of fuel prices for January next year has been finalised. She said international oil prices fell in November 2025 due to oversupply, weak demand growth, a softer US dollar, increased US shale production, and the easing of OPEC+ output cuts. today22 December, 2025
insert_link Business / Economics December Fuel Prices Set to Rise The Ministry of Industries, Mines and Energy has confirmed a 21-cent-per-litre increase for petrol and both diesel types starting later this week. In Walvis Bay, petrol will cost N$20.58 per litre, 50ppm diesel N$20.13, and 10ppm diesel N$20.23. Diesel under-recoveries will be absorbed by the National Energy Fund. The Ministry’s Anna Salkeus stressed the importance of balancing cost recovery with consumer protection while ensuring steady fuel supply, wishing residents a safe and prosperous holiday season. today1 December, 2025
insert_link Business / Economics Fuel Prices Adjusted Amid Global Shifts Global oil prices and currency fluctuations are driving the latest fuel price review, says energy ministry spokesperson Anna Salkeus. The adjustments aim to ease the burden on consumers, while safeguarding the fuel supply chain from potential disruptions. The ministry is working to protect citizens from even steeper increases. today1 September, 2025
insert_link Business / Economics August Fuel Prices Remain Unchanged, Ministry Confirms Fuel prices will stay unchanged throughout August, according to Anna Salkeus of the Ministry of Mines, Industry and Energy. While petrol saw a minor over-recovery and diesel a notable under-recovery, the National Energy Fund will offset the losses. This stability is attributed to a stronger Namibian dollar and reduced shipping costs. today4 August, 2025
insert_link Business / Economics Relief for motorists as fuel prices remain unchanged Ministry of Industries, Mines, and Energy building Motorists can breathe a sigh of relief after the Ministry of Industries, Mines, and Energy announced that fuel prices will remain unchanged for May 2025. Following its monthly fuel price review, the Ministry recorded over-recoveries of 13.36 cents per litre for petrol, 17.39 cents per litre for diesel 50ppm, and 25.83 cents per litre for diesel 10ppm. These over-recoveries have enabled the Ministry […] today28 April, 2025
insert_link Namibia Fuel prices go up as government adjusts dealer margins Image contributed (Xinhua/Chen Cheng) Motorists will face higher fuel costs from Wednesday, as the Ministry of Mines and Energy has announced a 50-cent per litre price increase. At the same time, fuel retailers will see their margins rise by 30 cents per litre, while the Road Fund Administration levy will increase by 20 cents per litre. The ministry says the adjustments are due to the introduction of a new minimum […] today4 March, 2025
insert_link Business / Economics Fuel Prices to Stay Steady in December Motorists can breathe a sigh of relief as the Ministry of Mines and Energy has confirmed that fuel prices for December will remain unchanged. Here is Anna Salkeus from the ministry with more details. today2 December, 2024
insert_link South Africa In S.A The GOOD Party Welcomes Inflation Drop, Highlights Need for Long-Term Economic Solutions In S.A, the GOOD Party welcomes the cooling of inflation, saying this brings some relief to all South Africans. Consumer inflation dropped to 2.8-percent in October, the lowest level since June 2020. This marks a significant decrease from the 3.8-percent in September, driven primarily by a sharp month-on-month decline in fuel prices. GOOD’s secretary-general, Brett Herron, says citizens urgently need an economy that will create long-term jobs, and […] today21 November, 2024
insert_link Business / Economics S.A Union Welcomes Inflation Drop, Urging Reserve Bank to Lower Repo Rate S.A Union federation Cosatu has welcomed the drop in consumer inflation from 4.4-to 3.8-percent, saying it offers relief to struggling workers. Spokesperson Matthew Parks is urging the South African Reserve Bank to reduce the repo rate by at least 50 basis points to ease debt burdens. He also calls for government intervention to stabilise Eskom and reduce fuel prices: today24 October, 2024