Also known as: energy minister Modestus Amutse · Hon. Modestus Amutse · Minister Modestus Amutse · minister of industries, mines and energy Modestus Amutse · Minister Amutse · mines and energy minister Modestus Amutse · Former journalist Mines and Energy Minister Modestus Amutse · Minister of Industries, Mines and Energy, Modestus Amutse · deputy minister Modestus Amutse · Industries, mines and energy minister · industries, mines and energy minister Modestus Amutse · Mines minister Modestus Amutse · Honourable Modestus Amutse
Minister of Industries, Mines and Energy; has approved mergers and suspended competition conditions in fuel and cement sectors.
Modestus Amutsestatednew pump prices include Petrol 95 at N$22.48/litre, Diesel 50 ppm at N$24.26/litre, Diesel 10 ppm at N$24.36/litre at Walvis Bay
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“"Consequently, the new pump prices at Walvis Bay will be as follows: Petrol 95 will retail at N$22.48 per litre. Diesel 50 ppm will retail at N$24.26 per litre, while diesel 10 ppm will retail at N$24.36 per litre. Pump prices in all other towns will be adjusted accordingly," Amutse said.”
Minister Modestus AmutsecalledRössing a reliable partner for Namibia's development
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“Speaking at the launch of the report on Friday, minister of industries, mines and energy Modestus Amutse called Rössing a reliable partner for Namibia's development.”
Minister of energy Modestus Amutseannouncedthe appointment and relief of officials
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“"Her appointment follows the relief of Maggy Shino as petroleum commissioner. Shino will continue to serve in her current capacity as director under the department of upstream petroleum affairs," minister of energy Modestus Amutse announced on Thursday.”
Minister Modestus Amutsesaid the premium was introduced becausefuel wholesalers argued they could not secure fuel at regulated price
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“In a ministerial statement delivered on 10 June, minister Modestus Amutse said the premium, which has been charged over and above the Basic Fuel Price for the past four years, was introduced because fuel wholesalers argued they could not secure fuel at the regulated price due to the country's relatively small import volumes.”
Amutsesaid the removal of the premium isnow imperative
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“"The removal of the premium that Namibians are currently paying for fuel is now imperative," Amutse said, adding that the measures are intended to benefit wholesalers, fuel dealers, and consumers alike.”
Mines Minister Modestus Amutsehas been called upon to initiateimmediate removal of the three named directors from the board
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“They are now calling on the mines minister, Modestus Amutse, to initiate the immediate removal of the three named directors and to oversee a transparent process for appointing new representatives capable of advancing the SMU's original objectives.”
The Ministry of Industries, Mines and Energy dismissed reports that Namibia has lost its bid to acquire a stake in De Beers, calling circulating information "misleading and incorrect," after Botswana's minister said Anglo American had selected the Global Diamond Consortium as its preferred bidder for the diamond producer's sale.
The Ministry of Industries, Mines and Energy dismissed reports that Namibia has lost its bid to acquire a stake in De Beers, calling circulating information "misleading and incorrect," after Botswana's minister said Anglo American had selected the Global Diamond Consortium as its preferred bidder for the diamond producer's sale.
Members of Parliament have challenged the incoming Anti-Corruption Commission leadership to demonstrate independence and impartiality, with lawmakers warning that the institution's credibility depends on investigating corruption without fear or favour. Swapo MP Tobie Aupindi criticized the outgoing ACC leadership and alleged the commission had been weaponized to settle political scores and applied investigations selectively.
The Construction Industries Federation of Namibia has called for the Ohorongo-Cheetah cement merger to be withdrawn following Industries, Mines and Energy Minister Modestus Amutse's decision to overturn the Namibia Competition Commission's block on the transaction, warning it threatens competition, local contractors, and SMEs despite conditions aimed at preventing job losses and preserving production.
Minister of Industries, Mines and Energy Modestus Amutse has approved the merger between Nasan Energies and the divestiture business from Vivo Energy and Engen Namibia, while suspending enforcement of several conditions imposed by the Namibia Competition Commission. The decision follows a review application by Nasan Energies in April; the merger involved Nasan acquiring 52 Shell and Engen service stations divested as a competition remedy after Vivo Energy acquired Engen's downstream fuel business.
The Namibian's editorial argues that President Netumbo Nandi-Ndaitwah's visit to China offers an opportunity for Namibia to learn from Beijing's economic reforms in artificial intelligence, agriculture, and energy, while remaining cautious about China's record on human rights and debt practices in developing countries.
The Independent Patriots for Change has accused the government of weakening fuel-sector competition by suspending restrictions on Nasan Energies sourcing fuel from Vitol. The restrictions were imposed by the Namibian Competition Commission in April over concerns the deal would substantially lessen competition, but line minister Modestus Amutse suspended them under Section 49 of the Competition Act; IPC claims Vitol already controls between 75% and 85% of Namibia's wholesale fuel market.
Namibia's energy minister has suspended competition commission conditions that prohibited Nasan Energies from buying fuel from Vitol for five years following its acquisition of 42 service stations from Vivo Energy in May. The suspension is temporary and attributed to concerns about the state's fuel import costs and the financial strain on the National Energy Fund.
Ohorongo Cement says its merger with Schwenk Namibia's Cheetah Cement, approved with conditions by the minister of industries, mines and energy, will not result in job losses but will involve staff relocation from Otjiwarongo to Otavi and increased local ownership requirements.
The government spent N$1.3 billion in two months to keep fuel prices low, draining the National Energy Fund to between N$200 million and N$300 million. Heavy spending began in April when international fuel costs rose, with the government paying N$805 million in April and N$490 million in May.
The government has reduced fuel prices for July after spending N$1.3 billion in relief; petrol drops by N$1.00 per litre and diesel by N$4.00 per litre effective 3 July, attributed to lower international crude oil prices and a stronger Namibian dollar. A coordinated fuel supply arrangement running through September 2026 will eliminate import premiums previously charged above the Basic Fuel Price.
The Minister of Industries, Mines and Energy announced a reduction in fuel prices effective Friday 3 July: petrol will decrease by N$1.00 per litre, while both 50ppm and 10ppm diesel will drop by N$4.00 per litre, attributed to lower international oil prices, reduced shipping costs and a stronger Namibian dollar.
Namibia's fuel prices will decrease effective 3 July 2026: petrol 95 by N$1.00 per litre to N$22.48, and all diesel grades by N$4.00 per litre (diesel 50 ppm to N$24.26, diesel 10 ppm to N$24.36 at Walvis Bay). The Minister of Mines attributed the reductions to softer international oil prices, improved supply chains, and NAD appreciation against the USD.
Rössing Uranium achieved its highest uranium oxide production in over a decade in 2025, generating more than N$1 billion in profit and paying N$750 million in taxes, royalties and dividends in Namibia. The mine processed 10 million tonnes of ore and produced over 3,000 tonnes of uranium oxide for the first time since 2010.
Dr. Benonia Rafael delivered a vote of thanks at the launch of the ERONGO SUNAM Desalination project, commending the Prime Minister and other government officials for their support. The project involves Chinese partners and is positioned as part of Namibia's water security and infrastructure-led growth priorities.
Aune Amutenya, Deputy Director of Petroleum Exploration and Production, has been appointed Acting Petroleum Commissioner, effective 2 June 2026, replacing Maggy Shino, who has been relieved of the position but will remain Director in the Department of Upstream Petroleum Affairs.
The mines ministry appointed Aune Amutenya as acting petroleum commissioner effective 2 June, taking over from Maggy Shino, who will continue as director of upstream petroleum affairs.
Namibia's ministry of industries, mines and energy announced plans to remove the fuel premium charged to consumers for the past four years by implementing a Bulk Petroleum Import Coordination System that will allow wholesalers to coordinate imports and benefit from economies of scale, with minister Modestus Amutse saying the move will lower fuel costs while ensuring stable petroleum supply.
The government awarded a three-month fuel supply arrangement worth an estimated N$7.2 billion to international energy trader Vitol, intensifying scrutiny of governance at state-owned oil company Namcor, which lacks a substantive managing director. Critics claim Namcor submitted a cheaper proposal, raising questions about confidence in the company's operational capacity, though Namcor's board chairperson denied operating in a leadership vacuum.
A coalition of small miners and community members in Uis has petitioned the ministry of industries, mines and energy to remove three directors—Helena Itamba, Aune Andreas, and Anna Daniels—from the Small Miners of Uis board, alleging they have held positions since approximately 2010 without financial transparency, mandate renewal, or accountability. The petitioners say the directors have failed to convene Annual General Meetings or produce audited financial statements, blocking governance reform.
Petroleum oils, including diesel and petrol, accounted for 18.1% of Namibia's goods imports in April, the highest share of any product. The country imported goods worth N$14.2 billion but exported only N$9.8 billion, creating a N$4.4 billion trade deficit, with petroleum mainly sourced from Nigeria, Oman and Sweden.
Namcor says awarding Vitol a three-month fuel supply contract is "commercially beneficial" and aligned with national objectives, following concerns from parliamentarians and a former managing director that the deal sidelined the state oil company. Namcor cited working capital limitations and previous financial weaknesses requiring N$1.2 billion in government support in April 2024, and additional N$401 million in July and August 2025.
Energy minister Modestus Amutse told parliament that international oil trader Vitol was selected to supply fuel to Namibia for three months because it required no government guarantees, whereas state oil company Namcor and other bidders needed guarantees the government was unwilling to provide. Vitol will supply fuel at the basic fuel price the government calculates monthly.
Minister of Industries, Mines and Energy Modestus Amutse told Parliament that ongoing fuel reforms aim to eliminate additional "premium" charges paid by consumers and reduce fuel costs through a coordinated import framework. He clarified that the fuel supply chain involves international suppliers, licensed wholesalers, and retailers, and that "premium" charges have arisen from wholesalers' claims about securing fuel and supply security concerns.
Former Namcor acting managing director Maureen Hinda-Mbuende has criticised the government's award of a N$7.2 billion three-month fuel supply contract to Vitol, saying the deal is "counter-productive and monopolistic" and will damage the downstream fuel sector's long-term competitiveness. Hinda-Mbuende claims Namcor offered a cheaper deal and that Vitol's ownership of Shell and Engen service stations creates conflicts of interest that could harm competitors.
The Fuel and Franchise Association says Nasan Energies has failed to deliver fuel paid for upfront and has not honoured agreements made with divested retailers. FAFA claims Nasan promised a three-month 'Bring the Cash Incentive' and to honour existing seven-day credit terms, but did not provide written confirmation and has failed to deliver orders within promised timeframes.
Energy Minister Modestus Amutse granted Swiss commodity trader Vitol an exclusive mandate to supply Namibia's entire fuel needs from June to August under a contract valued at an estimated N$2.4 billion a month, raising concerns about fuel sector capture given Vitol's links to individuals connected to politicians and the decision's apparent circumvention of the Competition Commission's conditions on fuel sourcing.
International oil trader Vitol, which has been awarded a three-month sole fuel-supplier contract for Namibia, is a single company with multiple operational subsidiaries and offices, according to Minister Modestus Amutse. The clarification was made after confusion arose over which Vitol entity held the tender, with Amutse noting that Vitol has been supplying petroleum products to Namibia for the last six months.
Minister of Industries, Mines and Energy Modestus Amutse denied that Vitol Bahrain's appointment as sole fuel supplier to Namibia for three months was illegal, responding to AR leader Job Amupanda's claim that the arrangement violates the Petroleum Products and Energy Act, which requires fuel importers to hold a wholesale licence and be registered in Namibia.
The National Planning Commission director general said Namibia is ready to move from planning to implementation of green hydrogen projects, despite the absence of dedicated legislation. The government aims to create 30,000 green jobs by 2030 and position Namibia as a low-carbon industry platform for southern Africa.
The Independent Patriots for Change has accused the government of monopolistic tendencies after the Minister of Mines and Energy announced Vitol Bahrain E.C. as Namibia's sole supplier of bulk petroleum products from July to September 2026. The three-month deal is expected to save the country about N$1 billion, though the Namibian Competition Commission earlier found Vitol controlled an estimated 75% to 85% of the intra-wholesale fuel market.