insert_link Local Fuel Price Decreases Announced for July 2024 The Ministry of Mines and Energy has completed its review of the fuel prices for July 2024, with significant changes announced following a recent decline in global oil prices. Global Oil Price Trends Oil prices recently dropped to a four-month low, influenced by the Organization of the Petroleum Exporting Countries and its allies (OPEC+) decision to maintain production levels steady until the end of 2025. This decision, […] todayJuly 1, 2024 576
Namibia The Electricity Control Board announces an 8% increase in NamPower bulk tariffs! https://youtu.be/-NY5wzN-1P0 By Ketemba Tjipepa The Electricity Control Board has announced an 8% increase in the 2024/2025 NamPower bulk electricity tariffs, which is inclusive of both generations and transmission. The increase is applicable to NamPower bulk customers, such as Regional Electricity Distributors, Local Authorities, Regional Councils and mines. The bulk customers are required by law to apply to the ECB for a review of […] todayJune 28, 2024 32
insert_link Namibia Consultative meeting on public finance’s draft Bill underway at Otjiwarongo A one-day consultative meeting on the Public Finance Management’s Draft Bill, which is aimed at repealing the Finance State Act of 1991, officially commenced Thursday morning at Otjiwarongo. The meeting is being attended by chief executive officers from the local authority councils of Otjozondjupa and Kunene regions, as well as the directors in finance division and departments at the two regional councils. Some traditional authority leaders from the […] todayApril 18, 2024 33