Following a fuel price increase announcement by the Ministry of Mines and Energy, we asked the Secretary-General of the Namibia Bus, and Taxi Association, Pendapala Nakathingo about the implications for the industry. The post Bus and Taxi Association weighs impact of fuel price hike first appeared on Future Media. Source link
Tag: price
White maize producer price at N$6 680
THE Namibian Agronomic Board (NAB) has set N$6 680,19 per tonne as the floor price for white maize bought or delivered between 18 September and 1 October. According to a notice from NAB chief executive Fidelis Mwazi addressed to white maize grain producers and millers in Namibia, the South African Futures Exchange(Safex)-fortnight weighted average price formula...
Fuel Price Hike Pain at the Pumps, but it Could Pushes Inflation
By Josef Kefas Sheehama The Ministry of Mines and Energy, announces the adjustment of fuel prices based on current local and international factors with effect from the 6th of September 2023. The headache for Namibia consumers and businesses, as the prices of petrol increase by N$1.20 per liter and of diesel by N$1.70 per liter. Demand for...
Namibia Grapples with Fuel Price Hike Amid Global Uncertainty – Namibia Daily News
By Josef Kefas Sheehama Namibia’s Ministry of Mines and Energy has announced an adjustment in fuel prices, set to take effect from September 6, 2023, in response to a complex web of local and international factors. Unfortunately, this news brings a headache for both consumers and businesses, as petrol prices are poised to rise by...
Namibians face a sharp increase in fuel price – Windhoek Observer
Niël Terblanché NAMIBIAN motorists face a sharp increase in spending as the price of fuel has been drastically adjusted upwards for the month of September. The Ministry of Mines and Energy issued a statement in which it announced that the pump price for petrol will increase by N$1.20 and both kinds of diesel sold in...
NAB sets new white maize floor price
The Namibian Agronomic Board (NAB) has set the new floor price at N$5 719,85 per tonne for white maize delivered between 21 August and 3 September. In a memorandum to producers and millers in Namibia dated 21 August, NAB chief executive officer Fidelis Mwazi said in terms of the white maize marketing agreement for 2023,...
Namibia Wildlife Resorts announces price reduction for local and SADC tourists. – Business Express
Namibia Wildlife Resorts (NWR) has announced a limited-time offer that will delight and reward Namibians and those in the SADC areas seeking to explore their own backyard. NWR is introducing an unprecedented special, offering up to 50% off at select resorts, including Ai-Ais Hotsprings and Spa, Hardap Dam Resort, Gross Barmen, Popa Falls, Namib Naukluft,...
Multichoice exits Malawi amid price dispute
South African entertainment company Multichoice, which owns and operates satellite pay-TV service DSTV, has withdrawn from Malawi after a court barred its local franchise from increasing prices. The withdrawal of services from Malawi, according to the BBC, marks the end of a hostile relationship between Multichoice and the regulator. Source link
Hike in fuel price pushed me into armed robbery, says bolt driver
The police command in Lagos State has arrested a 29-year-old ‘bolt’ driver, Jeremiah Adeniran, who allegedly robbed some of his passengers. Adeniran, during an interview with journalists on Friday in Ikeja, confessed that the hike in fuel price led him to robbery. “Before, I can do 15 trips a day but after the rise in...
Nigerians protest against fuel price hike, rising costs.
Hundreds marched through major Nigerian cities on Wednesday. This was on the first day of a nationwide strike to protest at the removal of a petrol subsidy and demand a new minimum wage but businesses remained open, though with reduced traffic in some places. Reuters reports that President Bola Tinubu, who was sworn into office...