{"id":238112,"date":"2026-07-04T18:30:54","date_gmt":"2026-07-04T16:30:54","guid":{"rendered":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/namibia\/namibia-national-energy-fund-nearly-drained-after-n1-3bn-fuel-bailout\/"},"modified":"2026-07-04T18:30:54","modified_gmt":"2026-07-04T16:30:54","slug":"namibia-national-energy-fund-nearly-drained-after-n1-3bn-fuel-bailout","status":"publish","type":"post","link":"https:\/\/southafricatoday.net\/africa-news\/southern-africa\/namibia\/namibia-national-energy-fund-nearly-drained-after-n1-3bn-fuel-bailout\/","title":{"rendered":"Namibia: National Energy Fund Nearly Drained After N$1.3bn Fuel Bailout"},"content":{"rendered":"<p><\/p>\n<div>\n<p class=\"story-body-text\" data-para-word-count=\"24\"><em>The National Energy Fund has nearly run dry after the government spent N$1.3 billion in two months to shield motorists from rising fuel prices.<\/em><\/p>\n<p class=\"story-body-text\" data-para-word-count=\"10\">It currently has between N$200 million and N$300 million remaining.<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"30\">Minister of industry, mines and energy Modestus Amutse says the fund&#8217;s balance has dropped sharply because the government stepped in to keep fuel prices lower than they would have been.<\/p>\n<p class=\"story-body-text\" style=\"text-align: center;\">\n  <span style=\"font-size: 110%;\"><br \/>\nKeep up with the latest headlines on <a target=\"_blank\" href=\"https:\/\/whatsapp.com\/channel\/0029VaIdDi8Bqbr263erhw1K\" rel=\"noopener\">WhatsApp<\/a> | <a target=\"_blank\" href=\"https:\/\/www.linkedin.com\/company\/allafrica\/\" rel=\"noopener\">LinkedIn<\/a><br \/>\n  <\/span>\n<\/p>\n<p class=\"story-body-text\" data-para-word-count=\"33\">&#8220;What is left in the National Energy&#8230;<\/p>\n<\/div>\n<p><a href=\"https:\/\/allafrica.com\/stories\/202607030221.html\" target=\"_blank\" rel=\"noopener\">Read more on AllAfrica.com<\/a><br \/>\n<br \/>South Africa Today Africa \u2013 Southern Africa <a title=\"Namibia\" href=\"https:\/\/southafricatoday.net\/africa-news\/category\/southern-africa\/namibia\/\">Namibia<\/a> News<\/p>\n","protected":false},"excerpt":{"rendered":"<p>The National Energy Fund has nearly run dry after the government spent N$1.3 billion in two months to shield motorists from rising fuel prices. It currently has between N$200 million and N$300 million remaining. Minister of industry, mines and energy Modestus Amutse says the fund&#8217;s balance has dropped sharply because the government stepped in to [&hellip;]<\/p>\n","protected":false},"author":11,"featured_media":188473,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"tdm_status":"","tdm_grid_status":"","fifu_image_url":"","fifu_image_alt":"","footnotes":""},"categories":[723],"tags":[258,256,11791,54772,7424,7570,5111,46673,4706,724,6687,257,254],"class_list":["post-238112","post","type-post","status-publish","format-standard","has-post-thumbnail","category-namibia","tag-africa","tag-africa-news","tag-bailout","tag-drained","tag-energy","tag-fuel","tag-fund","tag-n1-3bn","tag-namibia","tag-namibia-news","tag-national","tag-news","tag-south-africa-today"],"_links":{"self":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/238112","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/users\/11"}],"replies":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/comments?post=238112"}],"version-history":[{"count":0,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/posts\/238112\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media\/188473"}],"wp:attachment":[{"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/media?parent=238112"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/categories?post=238112"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/southafricatoday.net\/africa-news\/wp-json\/wp\/v2\/tags?post=238112"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}