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Fuel price hikes – The Namibian

Date.

05 Sep 2018

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CONSUMERS must brace themselves for another tough month as fuel prices were increased for a fourth consecutive month, with analysts predicting that prices will continue on an upward trajectory for the remainder of 2018 (…)

Economic Association of Namibia research associate Klaus Schade added that the continuation of the depreciation of the Namibia dollar against major currencies as well as oil supply-side uncertainties owing to the ban threatened by the United States administration on Iranian oil from November onwards are likely to exert further upward pressure on domestic fuel prices (…)

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