Namibia’s government has announced a temporary 50% reduction in fuel levies for at least three months, up to the end of June, to cushion consumers from rising fuel costs.
The decision comes as the Ministry of Industries, Mines and Energy confirmed a significant fuel price increase set to take effect on 1 April.
Addressing the media in Windhoek, Minister Modestus Amutse said petrol prices will go up by N$2.50 per litre, while both diesel variants will rise more sharply by N$4 per litre.
Following the adjustment, fuel prices at Walvis Bay will stand at N$22.08 per litre for petrol 95, N$23.63 per litre for diesel 50ppm, and N$23.73 per litre for diesel 10ppm.
Amutse acknowledged that the increases would put pressure on motorists and businesses. He said the government’s decision to cut fuel levies by half is intended to ease the impact of the price hike on consumers and the wider economy. He said:
“In addition, the Fund will continue to stabilise fuel price volatility for at least the next three months, while part of the under-recoveries expected in April 2026 will be absorbed by the National Energy Fund, amounting to approximately N$500 million per month.”
Amutse said the ministry will continue to monitor developments in global oil markets and take all necessary steps to safeguard Namibia’s energy security.
He urged citizens to remain calm, buy fuel responsibly, and trust that the government is taking proactive measures to protect their interests.
Amutse also reassured the nation that Namibia’s fuel supply remains stable, saying the main challenge is rising international oil prices rather than any physical shortage of fuel.
More: Namibia Economist
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