The Namibia government has announced a temporary 50% reduction in fuel levies as part of measures to cushion consumers from the impact of rising global oil prices.
The country’s Minister for Industries, Mines and Energy, Hon. Modestus Amutse, said the decision was approved by Cabinet in response to increased volatility in international oil markets.
He explained that the levy reduction will be in effect for three months, from April to June 2026, as authorities seek to ease pressure on households and businesses.
According to Hon. Amutse, the intervention follows a sharp rise in global oil prices in March, driven by escalating geopolitical tensions in the Middle East involving the United States, Israel, and Iran, which have pushed up both crude and refined fuel costs.
Despite the relief measure, domestic fuel prices are still expected to increase from April.
Petrol will rise by N$2.50 per litre, while both diesel variants will increase by N$4 per litre.