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WINDHOEK, Sept. 29 (Xinhua) -- Namibia will increase the price of petrol by 1.90 Namibian dollars (about 0.13 U.S. dollar) per liter, while diesel will see a hike of 2.40 Namibian dollars, effective on Oct. 4, 2023, the Ministry of Mines and Energy said Friday.
The Ministry of Mines and Energy has blamed ‘significant under-recoveries’ for raising the prices of petrol and diesel yesterday.
Despite under-recoveries of between 50c and 54c per litre this month, fuel prices in Namibia will remain unchanged in August, the mines and energy ministry has said.The National...
Namibian diamonds are under threat posed by the production of synthetic diamonds.
As Botswana and the De Beers Group reached a mutually beneficial 50/50 diamond deal, the Namibian Government is preparing for a possible change in its collaboration with the diamond company.