Is Amutse Enabling Fuel Capture?
ENERGY MINISTER MODESTUS Amutse’s decision to grant a Swiss company an exclusive mandate to import all Namibia’s fuel feeds into concerns that the fuel sector has allegedly been captured by individuals linked to politicians as high up as the president. Last week, Amutse chose Swiss commodity trader Vitol, a company dogged by bribery allegations in several countries, to supply Namibia’s entire fuel needs from June to August. The contract is valued at an estimated N$2.4 billion
Namibia's Energy Minister, Modestus Amutse, has awarded a Swiss company, Vitol, an exclusive mandate to supply the nation's fuel needs for three months. This decision, valued at approximately N$2.4 billion monthly, has sparked concerns about potential fuel sector capture by politically connected individuals. Vitol, a commodity trader facing bribery allegations in other nations, was chosen without a transparent bidding process, bypassing the competition watchdog, which falls under the minister's purview.
The decision bypasses regulatory oversight and raises questions about transparency and potential conflicts of interest in a sector crucial to the national economy.
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