There's an invisible fund taking a cut every time you fill up in Namibia. It just spent N$1.3 billion in two months protecting you from an oil shock, and now it's almost empty. That's why fuel jumped N$4.63 a litre in May. Refill the shield, or take the next spike at full speed?
#Namibia #FuelPrices #EnergyFund #GlobalArbitrage #AfricaBusiness