Friday, August 21, 2026
Subscribe
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
  • Home
  • Companies
    • Finance
    • Agriculture
    • Technology
    • Property
    • Trade
    • Tourism
  • Business & Economy
  • E-PAPERreader
  • Mining & Energy
  • Opinions
    • Analysis
    • Columnists
  • Africa
No Result
View All Result
The Brief | Namibia's Leading Business & Financial News
Subscribe
No Result
View All Result
Home Latest

Car ownership costs set to rise for Namibians

by reporter
November 17, 2025
in Latest
19
A A

Namibian motorists may soon face higher monthly transport costs as the Road Fund Administration (RFA) plans to increase the fuel levy by N$2.06 per litre to N$4.46.

The adjustment is expected to push average fuel expenses above N$150 per month for private vehicle owners.

Simonis Storm economist Almandro Jansen said the proposed increase is aimed at closing a widening road maintenance funding gap.

He said the rise comes at a time when the costs of owning a vehicle are already elevated due to high fuel prices, insurance inflation and rising repair charges.

“Economically, the levy increase introduces a clear upward shock to the total cost of vehicle ownership (TCO),” Jansen said.

He noted that private motorists could face additional monthly expenses of between N$150 and N$300 depending on vehicle size and distance travelled.

“High-mileage users, including taxis, couriers and freight operators, are expected to see monthly increases of N$900 to more than N$1,000,” he said. “The added burden over a five-year financing cycle is material, ranging from N$9,000 for small vehicles to more than N$50,000 for fleet operators.”

Jansen said the impact would resemble higher instalments at a time when household and business budgets remain tight.

The economist added that concerns over how infrastructure funds are spent complicate public sentiment around the levy increase.

“Industry commentators have criticised the development of unnecessarily high-specification projects, so-called ‘Rolls-Royce roads’, noting that Namibia could achieve wider network coverage through more cost-effective designs,” he said.

Jansen said the planned fuel levy rise also risks worsening depreciation rates if basic road maintenance is neglected.

He noted that the October 2025 interest rate cut to 6.50 percent provides only partial relief and does not counter the structural pressures caused by higher levies.

“In the end, the success of the policy will depend on credibility and execution,” he said. “If levy proceeds are ring-fenced and visibly directed toward road preservation rather than high-cost projects, the long-term benefits would include safer roads, lower maintenance inflation and more stable vehicle depreciation patterns.”

He warned that if this does not happen, motorists could face both higher fuel costs and rising repair bills as affordability pressures continue to build, influencing consumer behaviour into 2026.

author avatar
reporter
See Full Bio
Previous Post

Govt targets delivering 10,000 erven and 10,000 affordable houses annually

Next Post

Namibia’s Mid-Year Budget Review FY2025/26: Prudent borrowing amid fiscal pressures

Must Read

Bright yellow license plates with large black numbers stacked diagonally in the frame, overlapping each other.
Latest

Govt plans new national standard for vehicle number plates

August 20, 2026
Straight highway through a desert landscape under a blue sky with a few clouds.
Latest

Roads Authority targets N$2.1bn upgrade of nine Oshana roads

August 20, 2026
Smiling woman with a black top and gold jewelry against a dark blue studio backdrop.
Latest

The bankability bridge: Turning Namibia’s economic potential into SME participation

August 18, 2026
Construction workers in high-visibility vests along a dirt road under construction beside a busy highway; muddy tire tracks, piles of soil, and distant hills.
Latest

Auas Road Phase 3 kicks off, targets major expansion over next 12 months

August 18, 2026
Construction-site fence with a Namibian Competition Commission banner in front of a modern brick building; street signs show Marien Ngouabi St and Wisserstraat.
Latest

Namibia’s merger rules out of step with regional peers despite proposed increase

August 17, 2026
Why Namibia urgently needs consumer protection laws on home auctions
Latest

Blood is no longer thicker than water

August 14, 2026
Load More

Related News

Here’s what you need to know about Shiimi’s budget

Here’s what you need to know about Shiimi’s budget

February 24, 2022
Cattle for slaughter dip further in September

Cattle for slaughter dip further in September

November 9, 2022
HDF among independent power producers to ink Eskom land lease agreements

HDF among independent power producers to ink Eskom land lease agreements

October 14, 2022

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
The Brief | Namibia's Leading Business & Financial News

The Brief is Namibia's leading daily business, finance and economic news publication.

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

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

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
  • Mining & Energy
  • Business & Economy
  • Opinions
    • Analysis
    • Columnists
  • Africa

© 2026 The Brief | All Rights Reserved. Namibian Business News, Current Affairs, Analysis and Commentary

This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.