The Ministry of Mines and Energy of Namibia has announced a decrease in fuel prices.
The price of Unleaded Petrol 95 will drop by 80 cents per litre, 50ppm Diesel by 60 cents per litre, and 10ppm Diesel by 70 cents per litre.
According to the announcement, the lower prices will be effective from 3 July.
In addition to the downward price adjustments for consumers, the ministry also increased the industry margin by 23 cents to 189 cents per litre and the dealer’s margin for service station operators by 9 cents per litre to 192 cents per litre.
Report: Niël Terblanché
