Namibia cuts fuel levies by 50 pct amid global oil price surge
WINDHOEK, March 27 (Xinhua) -- Namibia has approved a 50 percent reduction in fuel levies for three months beginning in April to cushion consumers from rising global oil prices triggered by escalating geopolitical tensions in the Middle East, the Ministry of Industries, Mines and Energy said Friday.
Speaking at a media briefing in Windhoek, Minister of Mines and Energy Modestus Amutse said the measure is necessi