Electricity tariffs in Namibia are expected to decrease over time following the signing of a pivotal cross-border energy agreement with Angola.

Botswana faces a greater risk of inflation being higher than currently projected due to the proposed increase in electricity tariffs and transport fares.

The development is likely to negatively impact Namibian cross-border traders. 

Residents of Rundu have rejected NORED's tariff increase proposal of 3% for the 2025/2026 financial year.

The residents say the proposed percentages are high considering the challenges of unemployment.

Electricity Pricing and Financial Modelings Senior Manager at NamPower, Christo Visser, says the 17.44% they applied from the electricity control board is 33% below their operational cost. 

Starting tomorrow, electricity tariffs in various towns will increase. However, this does not apply to Nored and the City of Windhoek, as they failed to comply with regulatory directives from the Electricity Control Board by June 27.

Otjiwarongo residents have been complaining about their high electricity tariffs, following an increase imposed by the Electricity Control Board in July last year.

It is against this background that Cenored hosted a community meeting to educate residents on the electricity tariffs. 

The President of the Trade Union Congress of Namibia, Mahongora Kavihuha, believes the high cost of electricity in the country is a result of NamPower not living up to its mandate of producing electricity locally.

Kavihuha made this remark at a media conference.

Electricity tariffs are increasing at a rate higher than inflation, which worsens the economic situation for Namibians.