01
Jul
Niël Terblanché Namibian consumers will feel some financial relief after the Ministry of Mines and Energy announced a decrease in fuel prices. The price of petrol in Walvis Bay will drop to N$22.20 per litre, 50ppm Diesel to N$21.57 per litre, and 10ppm Diesel to N$21.67 per litre. Effective from 3 July, the downward adjustment of fuel prices follows a comprehensive review of the global oil market and local pricing dynamics, reflecting recent trends in oil prices and the Namibian Dollar's exchange rate. According to the energy ministry, a notable decline in oil prices to a four-month low, driven by…
