Government to inject N.dollars 1.3 billion to NEF to alleviate fuel price shocks

NAMPA

2026-05-07

OSHAKATI, 07 April 2026 - Minister of Industries, Mines and Energy, Modestus Amutse during the official handover of basic fencing materials worth to the Twayambekwa Green Scheme Project, an income-generating project for people living with disabilities in the Oshana Region. (Photo: Contributed)

WINDHOEK, 07 MAY (NAMPA) – The government has announced a financial intervention aimed at stabilising the domestic economy, committing approximately N.dollars 1.3 billion over two months (April and May) to cushion citizens and industries against skyrocketing global fuel prices.
Minister of Industries, Mines and Energy, Modestus Amutse announced on Thursday in Windhoek that the National Energy Fund (NEF) will absorb most of the rising costs associ...

Restricted content

WINDHOEK, 03 September 2019 - The National Petroleum Corporation of Namibia (Namcor) Filling Station at Hosea Kutako International Airport. (Photo by: Anna Salkeus) NAMPA

Oil & Gas

Kenya, DRC urge infrastructure planning for African industrialisation

2026-09-10 16:43:30

Dâures fertiliser project secures N$60 million funding

2026-09-10 14:10:53

Namibia shifts green hydrogen agenda towards green industrialisation

2026-09-09 16:36:09

EAN calls for strong foundations to prevent resource curse

2026-08-21 07:22:52

Shilunga calls for oil wealth to drive lasting economic transformation

2026-08-20 14:16:11

Amutse reaffirms local content as key to oil and gas benefits

2026-08-19 16:02:33

Nandi-Ndaitwah calls on oil and gas operators to prioritise local content

2026-08-19 14:48:13

Fourth NOGC commences in Windhoek

2026-08-18 14:12:36

Cabinet approves petroleum local content policy

2026-08-14 15:54:42

NOGC, NYEF renew partnership to advance youth participation in energy sector

2026-08-03 16:26:15

Oshana hosts public consultations on draft Nuclear Bill

2026-07-13 17:51:46

Latest NAMPA photos

SWAKOPMUND, 10 September 2026 - (l-f)Chief Executive Officer of Namibia Hydrogen Fund Managers Mercia Geises, Interim CEO at Daures Fertiliser Martin Nambundunga and European Union Ambassador to Namibia Ana Beatrice Martins during the signing of the funding to advance the Green Fertiliser Project. (Photo by: Isabel Bento) NAMPA

NAMPA

OTJIWARONGO, 10 September 2026 - Government officials, including representatives from the Office of the Prime Minister (OPM), gathered in Otjiwarongo on Thursday to validate a newly compiled National Disaster Risk Management Policy document. (Photo: Mulisa Simiyasa) NAMPA

NAMPA

OTJIWARONGO, 10 September 2026 - The Executive Director in the Office of the Prime Minister, Shivute Indongo, speaks at the two-day National Disaster Risk Management Policy workshop underway at the Otjozondjupa Regional Council chambers in Otjiwarongo. (Photo: Mulisa Simiyasa) NAMPA

NAMPA

WINDHOEK, 10 September 2026 - The Bank of Namibia (BoN) has received two awards from the Alliance for Financial Inclusion (AFI). (Photo: Contributed)

NAMPA

WINDHOEK, 09 September 2026 - NHP representatives and journalists from various media houses at the NHP media engagement session held in Windhoek on Wednesday. (Photo: Contributed)

NAMPA

WINDHOEK, 09 September 2026 - Minister of Industries, Mines and Energy Modestus Amutse (second from left sitted)) pictured with delegates at the Second International Conference on Finance and Sustainable Business (ICFSB 2026) hosted at NUST's Harold Pupkewitz Graduate School of Business on Wednesday. (Photo: Contributed) NAMPA.

NAMPA

WINDHOEK, 09 September 2026 - Young Warriors goalkeeper Micheni Kavendjii during the Under-20 national team announcement ahead of the Confederation of Southern African Football Associations (COSAFA) Under-20 Championship in Mozambique. (Photo: Hesron Kapanga) NAMPA

NAMPA

WINDHOEK, 09 September 2026 - Young Warriors head coach Lucky Shipanga (right) and team goalkeeper Micheni Kavendjii during the Under-20 national team announcement ahead of the Cosafa Under-20 Championship in Mozambique. (Photo: Hesron Kapanga) NAMPA

NAMPA