Wednesday, October 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

Govt vows action against service stations accused of withholding supply ahead of price hike

by reporter
April 1, 2026
in Latest
13
A A

Government is investigating service stations and fuel wholesalers accused of withholding supply ahead of the latest fuel price increase, following reports that several outlets stopped selling fuel on Tuesday, 31 March.

The shortages were recorded a day before the new fuel prices came into effect on 1 April 2026, with petrol increasing by N$2.50 per litre and diesel by N$4.00 per litre.

The Ministry of Industries, Mines and Energy said it will take action where evidence of supply manipulation is found.

“Should formal investigations uncover that the conduct of certain players created artificial shortages and undermined national fuel availability and security, appropriate punitive action will be taken,” the Ministry said.

Authorities said the alleged withholding of fuel on 31 March, in anticipation of higher prices, is a direct threat to supply stability.

“The deliberate withholding of oil supplies in anticipation of capitalising on higher prices should be immediately ceased,” the Ministry said.

Fuel wholesalers have been instructed to deliver all outstanding orders to compliant retailers, while retailers have been warned against restricting access to consumers.

“All licensed fuel retailers must serve fuel consumers indiscriminately without placing any unlawful limitations on volumes dispensed in anticipation of capitalising on higher prices,” the directive states.

Government said any practice of withholding fuel on 31 March and releasing it after the price adjustment to maximise profits undermines national fuel security.

“Any unwarranted practice where oil supply is withheld today (31 March 2026)… and released tomorrow (01 April 2026) for the sole purpose of maximising profit undermines the objective of ensuring the security of fuel supply in Namibia and should be stopped immediately,” the Ministry said.

Fuel wholesalers have also been ordered to provide written justification for any supply disruptions, supported by verifiable stock and logistics data.

The investigation comes as authorities tighten oversight of the fuel sector, following reports of supply disruptions linked to the price adjustment, with a focus on preventing similar incidents going forward.

author avatar
reporter
See Full Bio
Previous Post

BoN dividend drops 72% to N$200m as profits fall 50%

Next Post

Greed at the pump: When supply is weaponised

Must Read

Group of diverse professionals in formal attire posing for a conference photo indoors with banners in the background
Latest

The Brief amplifies its reach through key conference partnerships

October 20, 2026
Smiling woman with pearly necklace and pearl earrings, wearing a burgundy sweater against a black background.
Latest

Old Mutual appoints Alovise Frey as Finance and Operations GM

October 20, 2026
Stage setup for ICAN National Accounting Summit 2024 with five white chairs, microphones, and water bottles on a patterned backdrop.
Latest

From Influence to Impact: ICAN National Accounting Summit 2026 set to shape conversations on Namibia’s economic future

October 19, 2026
Global turbulence demands smarter tools for Namibian businesses
Latest

STANLIB Namibia appoints Erastus Tshatumbu as Managing Director

October 17, 2026
Woman speaker at a podium with a laptop and microphone, presenting at a conference with a 'Digital Transformation' banner in the background.
Latest

Women surpass men in access to financial services in Namibia

October 16, 2026
Two head-and-shoulders portraits side by side: left image shows a dark-skinned man wearing glasses and a suit, speaking or mid-sentence against a neutral backdrop; right image shows a light-skinned man with short hair wearing a patterned shirt, smiling softly against a light background.
Latest

Calls mount for minimum wage violators to be barred from government tenders

October 16, 2026
Load More

Related News

Professional man in a white shirt with a teal logo stands with arms crossed in a bright, modern office setting (logo reads 'DAURES GREEN HYDROGEN VILLAGE').

Mondjila appointed to lead Daures Green Hydrogen Village Phase 2

July 31, 2026
Customer service charter: Setting standards for exceptional service

Customer service charter: Setting standards for exceptional service

April 19, 2024
Mutumba to chair new NTA board

Mutumba to chair new NTA board

January 28, 2023

Browse by Category

  • Africa
  • Agriculture
  • Analysis
  • Business & Economy
  • Columnists
  • Companies
  • e-edition
  • 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
  • e-edition
  • 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.