Fuel hike prices remedy lies in oil discovery: NALOBA

Martin Endjala Namibia Local Business Association (NALOBA) Vice President Peter Amadhila, believes that the continued hike of fuel prices, which proves to be somewhat cumbersome for Namibians due to international oil market prices, its remedy lies within the recent oil discovery in the country. Amadhila, who was reacting to the recent fuel hike prices announced by the Ministry of Mines and Energy, told this publication that Namibia has no control over the oil prices since these prices are in the hands of Global oil-producing giants. “If you have noticed, for the past three to four weeks, our country has been…