Namibia approves 3.7-pct electricity tariff hike

WINDHOEK, July 20 — Namibia’s Electricity Control Board (ECB) on Monday approved a moderated 3.7-percent increase in the country’s bulk electricity tariff, well below the 8.4 percent sought by the national power utility NamPower.

Speaking at a media briefing in Windhoek, ECB Chief Executive Officer Robert Kahimise said the regulator had initially reduced NamPower’s proposed increase to 4.8 percent following its assessment of the application.