
Namibia announces fuel price hike for September due to volatile oil markets and increased road levies
Namibia's Ministry of Energy has announced an increase in fuel prices for September, effective Wednesday, September 2. Petrol will rise by 60 cents per litre to N$25.08, while diesel prices will increase by N$1.60 per litre, bringing diesel 10ppm to N$27.86 and diesel 50ppm to N$27.96. Energy Minister Modestus Amutse attributed the increases to volatile international oil markets, geopolitical tensions, and disruptions to crude oil flows. The ministry's review showed an 11% increase in diesel costs and a 5.7% increase in petrol costs. Additionally, the road user charge levy will increase by 30 cents per litre, from 243 cents to 273 cents, to fund national priority feeder road projects.



