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Namibia still has best roads in Africa- Global Competitive Report … while mines ministry increases fuel tax

12/02/2018
by Staff Writer
News

According to the Global Competitiveness Report which was published by the World Economy Forum recently, Namibia still has the best quality road infrastructure in Africa.

Even though Namibia has fallen from the 23rd to the 31st position from 137 countries in 2017/18, the report states that it still is in the top position from 10 countries in Africa.

"This is something to be proud of and we hope that it will motivate Government to see our road infrastructure as a priority especially with maintenance and upgrading of existing roads," says the Namibia Agricultural Union.

Meanwhile, the minister of mines and energy announced in a press release that the tax on fuel increased as from 7 February 2018 with 15 cent per litre to 40 cent in order generate an additional income for Government of N$154 million for the next year.

Consumers however will not feel it as it was decided not to increase the pump prices of diesel and petrol. A small decrease in fuel prices now accommodates the increased tax and will thus also not have an influence on inflation.