Energy minister grants Vitol exclusive fuel import mandate
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.
Energy minister's exclusive fuel import deal with Vitol raises accountability concerns about sector capture and potential circumvention of Competition Commission oversight.
11 hours ago · The Namibian →