Fuel price shock to take up to nine months to reach shop prices

NAMPA

2026-11-05

WINDHOEK, 04 November 2026 - Namibia's economy is set to grow by 1.9% this year, below the 2.3% in the mid-year budget review, as growth slows to about 0.7% in the second half, according to Cirrus Capital. This was stated by Cirrus economist Robert McGregor at the 2026 Road Fund Administration (RFA) Stakeholders Consultation on Wednesday. (Photo by: Chelva Wells) NAMPA

WINDHOEK, 05 NOV (NAMPA) - Higher fuel costs will take between three and nine months to filter through to other prices, and inflation, which reached 5.4% in September, is likely to stay elevated for at least the next six months, according to Cirrus Capital’s Robert McGregor.
“Motorists have felt only the first round of the increase at the pump,” the economist said while speaking at the 2026 Road Fund Administration (RFA) stakeholder consultation...

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