Namibia: Petrol Price Goes Up Again in October, Diesel Remains the Same

What the report says

Namibia’s fuel prices will change again in October, with petrol set to rise by N$1.50 per litre while diesel prices will stay unchanged for the month, according to reporting distributed by AllAfrica from The Namibian in Windhoek. Energy minister Modestus Amutse announced the adjustment on Friday, and said the government would keep monitoring market conditions through October.

The article says the new pump prices in Walvis Bay will be N$26.58 for petrol, N$27.86 for diesel 50ppm and N$27.96 for diesel 10ppm. Amutse described the decision as difficult, noting diesel’s importance to industry. He also indicated that prices could be reviewed again at month-end depending on market developments.

The report links the increase to higher import costs and wider international pressures. Compared with August 2026, the cost of importing petrol into Namibia rose by 19.27% in September, while diesel import costs increased by about 13%, the minister said. He cited volatile global oil markets, geopolitical tensions, supply disruptions in the Middle East, higher shipping costs, export restrictions and a weaker Namibian dollar as factors pushing fuel costs up.

Amutse also said Namibia has enough fuel in stock and that there is no immediate shortage risk. The update matters because fuel price moves affect transport, household budgets and business costs across the country.