Namibia Minute.
Friday, 24 April 2026
A daily Namibian brief · Est. 2026
Windhoek—:—London—:—New York—:—Beijing—:—
Organization

Vivo Energy

Also known as: Vivo Energy Namibia Limited

Vivo Energy — fuel retailer operating Engen and Shell-branded service stations in Namibia, subject to divestiture requirements from competition commission.

Business

Fuel panic buying surges ahead of April price increases

The News

Motorists queued at service stations across Namibia yesterday to fill up before fuel prices rise by N$2.50 per litre for petrol and N$4 per litre for diesel on 1 April, prompting panic buying, hoarding, and complaints that wholesalers are withholding contracted supplies to profit from higher prices. The government says sufficient stocks exist and has reduced levies by 50%, but restrictions on bulk purchases by retailers like Agra are disrupting farming operations.

2 April 2026 · The Namibian →

Thursday 2 April

  1. Fuel panic buying surges ahead of April price increases

    Motorists queued at service stations across Namibia yesterday to fill up before fuel prices rise by N$2.50 per litre for petrol and N$4 per litre for diesel on 1 April, prompting panic buying, hoarding, and complaints that wholesalers are withholding contracted supplies to profit from higher prices. The government says sufficient stocks exist and has reduced levies by 50%, but restrictions on bulk purchases by retailers like Agra are disrupting farming operations.

    2 April 2026 · The Namibian →

  2. Nasan Energies appeals five-year fuel sourcing ban from Vitol

    The Namibian Competition Commission approved Nasan Energies' acquisition of 52 service stations but barred the company from sourcing fuel from Vitol for five years to prevent monopoly concentration. Nasan has appealed the restriction and notified the energy minister of its intention to seek a review of the commission's conditions.

    2 April 2026 · The Namibian →

Friday 27 March

  1. NOSF enters new phase with market-based fees, wider access

    Namibia's National Oil Storage Facility, a N$6.5 billion investment in Walvis Bay designed to hold 75 million litres of fuel, is undergoing policy reforms to establish market-related tariffs and attract local entrepreneurs to its storage capacity. The facility aims to balance its role as a strategic energy buffer against global supply disruptions with expanded commercial participation and improved operational sustainability.

    27 March 2026 · New Era →

Monday 23 March

  1. Nasan Energies wins approval to buy 52 fuel stations

    The locally owned Nasan Energies has received approval from the Namibia Competition Commission to purchase 52 fuel service stations (operating under Engen and Shell brands) from Vivo Energy Namibia. Upon completion, the company will become Namibia's third-largest fuel retailer and aims to boost local ownership in a sector historically dominated by foreign operators.

    23 March 2026 · New Era →

Sunday 22 March

  1. Nasan Energies becomes third-largest fuel retailer after acquisition approval

    The Namibian Competition Commission has approved Nasan Energies' acquisition of 52 Engen and Shell-branded service stations from Vivo Energy, positioning Nasan as the country's third-largest fuel retailer. The purchase was conditional on divestment to prevent monopolistic control, following concerns about potential connections between Nasan's co-founder Miguel Hamutenya and Vivo's parent company Vitol.

    22 March 2026 · The Namibian →

Thursday 19 March

  1. Nasan Energies approved to buy 53 service stations from Vivo Energy

    The Namibian Competition Commission has approved Nasan Energies, co-founded by Miguel Hamutenya, to acquire 53 service stations from Vivo Energy/Engen. The approval comes despite earlier objections over potential monopoly concerns related to possible ties between Nasan and Vitol, Vivo Energy's parent company.

    19 March 2026 · The Namibian →

Wednesday 18 March

  1. Namibia's oil storage facility shields nation from fuel price shocks

    As global oil prices surge amid geopolitical instability in the Middle East, Namibia's National Oil Storage Facility provides strategic defence against supply disruptions and fuel price volatility. With 75 million litres capacity and three months of strategic reserves, the facility operated by Namcor centralises fuel imports and distribution while the National Energy Fund cushions consumers from rising global prices.

    18 March 2026 · New Era →

  2. Nasan Energies finalizes acquisition of 52 fuel retail units

    Nasan Energies is in final stages of acquiring 52 business units from Vivo Energy and Engen Namibia, a regulatory-mandated divestiture intended to increase market competition. The company has completed its retail identity, implemented new operational systems, and secured fuel supply contracts ahead of the Namibian Competition Commission's final decision.

    18 March 2026 · The Namibian →

Thursday 12 March

  1. Namibia faces potential N$4.50 per litre fuel price hike in April

    Soaring international oil prices and Middle East tensions threaten to drive Namibian fuel prices to unprecedented heights in April, with the country's three-month fuel reserves and limited storage capacity posing supply challenges. Government officials and industry experts warn that while Namibia has sufficient reserves for 2–3 months, the country's infrastructure constraints and reliance on Middle Eastern oil through the Strait of Hormuz leave it vulnerable to supply disruptions, prompting authorities to explore alternative fuel sources and taxi associations to plan 10–12% fare increases.

    12 March 2026 · The Namibian →

Thursday 26 February

  1. President's sons deny oil industry involvement, reject Itula claims

    President Nandi-Ndaitwah's two sons have rejected opposition leader Panduleni Itula's allegations that they are involved in Namibia's oil sector through their private businesses. The brothers, who operate a farming business and a logistics company respectively, issued a detailed rebuttal denying any interest in oil and characterizing Itula's claims as lies intended to discredit the first family.

    26 February 2026 · The Namibian →

Namibia Minute