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 Africa Nigeria’s Dangote Oil Refinery Holds 500 Million Litres of Petrol Nigeria's Dangote oil refinery possesses a reserve of 500 million litres of petrol, according to its billionaire founder, refuting assertions from marketers that they require additional imports to address fuel shortages. CNBCAfrica indicates that, in response to the situation, Nigeria's President, Bola Tinubu, convened a meeting on Tuesday in Abuja with oil regulators, the head of the state-owned NNPC, the finance minister, and Aliko Dangote. today31 October, 2024
insert_link Africa Uganda revamps oil imports Uganda is seeking to revamp its oil import procedures by shifting to Tanzania as its primary import hub. As it stands Ugandan fuel companies acquire 90 percent of their supplies through Kenyan companies. Daniel Kijo reports from Dar es Salaam. today19 February, 2024
