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

The Electricity Control Board (ECB) has approved tariff increments for about five licensees that exceed the inflation rate, while some other licensees are still waiting for approval for the 2023–2024 financial period.

This situation is likely to put additional financial strain on the citizens and businesses in the country.

Namibians will once again have to dig deeper into their pockets to keep the lights on.