• Business & Economy
  • Companies
  • Agriculture
  • Technology
  • Africa
Wednesday, August 20, 2025
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Property
  • E-Editions
No Result
View All Result
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Property
  • E-Editions
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
No Result
View All Result
Home Business & Economy

Electric vehicle boom in Namibia worries RFA

by editor
January 18, 2024
in Business & Economy
31
A A

The Road Fund Administration (RFA) has raised concern about the possibility of losing revenue due to the expected boom in electric vehicles in Namibia.

RFA Chief Executive Officer Alli Iipinge acknowledged the inevitable arrival of EVs and their disruptive potential for the fund’s current funding approach, heavily reliant on fuel levies.

Iipinge thus appealed to lawmakers to proactively research, consult, and draft policies to prepare Namibia for the impending surge in electric vehicles (EVs).

“Many African states and entities dealing with roads have a common challenge of funding. As much as we are struggling now with revenue generation for road maintenance and construction, we have a problem approaching and it will be bigger.

Therefore, it is very important for our policymakers to prepare for what is coming so that we already have avenues on how we can survive,” said Iipinge.

RFA’s main source of income is on fuel levy which is at N$1.98 as well as the Road User Charging System. With the emergence of fuel-efficient vehicles, the entity has been pondering how to find ways in which it can still generate revenue to fill the void being created.

The Road User Systems was developed to recover the full cost of road expenditure from road users, which is subsequently used to construct and maintain national roads.

Iipinge’s fear is elevated by local fueling stations that are planning on establishing EV charging stations, a development that will see a rapid increase in such vehicles.

According to Sybrand de Waal, who has written extensively on EVs in Namibia, there are currently about 100EVs in Namibia, with an initial goal of 10,000EVs by 2030 which was later increased to 96,500 by 2025.

On the other hand, Namibia currently has about 400,000 combustion vehicles.

author avatar
editor
See Full Bio
Tags: africa newsAlli Iipingeeconomyenergynamibianamibia newsRoad Fund Administration (RFA)Sybrand de Waal
Share193Tweet121Share34
Previous Post

Namibia exports N$2.8bn worth of uranium to China

Next Post

Puranium Energy plans N$21m raise for Namibia uranium exploration

MUST READ

DBN youth SME funding sees only N$1.25m disbursed amid low uptake
Business & Economy

DBN youth SME funding sees only N$1.25m disbursed amid low uptake

July 23, 2025
Namibia targets to formalise 950 informal businesses by 2030
Business & Economy

Namibia targets to formalise 950 informal businesses by 2030

July 22, 2025
AfDB flags fiscal risks, urges deeper reforms in Namibia
Business & Economy

AfDB flags fiscal risks, urges deeper reforms in Namibia

July 18, 2025
Women now lead over 70% of Namibian SMEs
Business & Economy

Women now lead over 70% of Namibian SMEs

July 8, 2025
Namibia seeks stronger U.S. partnerships at Africa Business Summit
Business & Economy

Namibia seeks stronger U.S. partnerships at Africa Business Summit

June 23, 2025
April inflation rises to 3.6%, driven by food and housing costs
Business & Economy

April inflation rises to 3.6%, driven by food and housing costs

May 13, 2025
Next Post
Puranium Energy plans N$21m raise for Namibia uranium exploration

Puranium Energy plans N$21m raise for Namibia uranium exploration

Related News

Rural areas upgrade poised to bring economic diversification

Rural areas upgrade poised to bring economic diversification

September 25, 2023
Namibia to host aviation sector conference, AviaDev Africa 2024

Namibia to host aviation sector conference, AviaDev Africa 2024

June 16, 2023
NamRA clamps on multimillion-dollar import tax fraud

NamRA clamps on multimillion-dollar import tax fraud

February 16, 2023

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • Finance
  • Finance
  • Fisheries
  • Green Hydrogen
  • Health
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • Namibia
  • namibia
  • News
  • Opinions
  • Property
  • Retail
  • Technology
  • Tourism
  • Trade

CATEGORIES

  • Business & Economy
  • Companies
    • Agriculture
    • Finance
    • Fisheries
    • Health
    • Property
    • Retail
    • Technology
    • Tourism
    • Trade
  • Finance
  • Green Hydrogen
  • Investing
  • Latest
  • Market
  • Mining & Energy
  • namibia
  • News
    • Africa
    • Namibia
  • Opinions
    • Analysis
    • Columnists

CONTACT US

Cell: +264814612969

Email: newsdesk@thebrief.com.na

  • Home
  • Companies
  • Business & Economy
  • Mining & Energy
  • Opinions
  • Property
  • E-Editions

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Trade
    • Tourism
  • Business & Economy
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Property
  • E-Editions