AGP Executive Report
Last update: 7 hours agoChina State Visit: President Netumbo Nandi-Ndaitwah begins a week-long trip to China, starting in Guangzhou, with talks expected to focus on trade, investment, mining and beneficiation, manufacturing, renewables and digital innovation. Digital Trade Push: A Namibia-focused opinion argues the AfCFTA Digital Trade Protocol can’t be treated as a distant goal, urging faster ratification and implementation. Banking & Governance: Bank Windhoek appoints Nangula Nelulu-Uaandja as an independent non-executive director, while Bank Windhoek’s triennial judging is complete ahead of the 18 August exhibition. SME & Trade Fairs: MTC pledges N$350,000 to the Ongwediva Annual Trade Fair, helping fundraising top N$2.1m for the 21–29 August event. Competition & Industry: Namibia approves the Cheetah Cement takeover of Ohorongo Cement, with conditions including no job losses and monitoring; Cheetah Cement says it has suspended planned retrenchments. Energy & Resources: Shell’s Namibian offshore drilling campaign wraps up as the Deepsea Mira rig completes work and heads to Walvis Bay for upgrades; latest drilling at Spaatzu extends high-grade copper-silver mineralisation. Tourism Watch: Tourism arrivals fell 3.2% in 2025 to 1.217m, with safety concerns flagged as a factor. Corporate Finance: FNB expects corporate credit growth around 4.5% in 2026, with lending demand cautious amid higher rates. Local Business Moves: Oryx Properties proposes a N$251.2m industrial warehouse acquisition, pending competition approval.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.