Hike in fuel prices
Petrol prices in Namibia will increase by N$1.00 per litre on August 5, while diesel will be 70c per litre more expensive.
According to the ministry of mines and energy fuel prices were kept unchanged in July despite huge under-recoveries.
By July 24, the under-recovering on petrol was about N$2.04 per litre, while that on diesel 50ppm was nearly N$1.65 per litre.
According to the ministry of mines and energy fuel prices were kept unchanged in July despite huge under-recoveries.
By July 24, the under-recovering on petrol was about N$2.04 per litre, while that on diesel 50ppm was nearly N$1.65 per litre.
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