Fifth Fuel Price Hike Imminent

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The Namibian (Windhoek)

Jo-MarÉ Duddy

11 May 2011


Consumers will probably face their fifth fuel price increase next week, with both grades of petrol becoming 31 cents per litre more expensive, while diesel is expected to go up by 15 cents a litre.

The Namibian has reliably learnt that the latest hikes will come into effect next Wednesday.

The May increase will mean that the petrol price has shot up by N$1,81 per litre since January. Diesel has become N$2 per litre more expensive.

The Ministry of Mines and Energy is expected to officially announce the increase by the end of the week.

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Fifth Fuel Price Hike Imminent