AGP Executive Report
Last update: 12 minutes agoBusiness Investment: O&L has put N$33 million into bringing its Model supermarket brand back to Walvis Bay, reopening at Seagulls Mall and adding to its Erongo presence. Energy Infrastructure: Dangote’s N$41 billion fuel-storage and regional pipeline project is under way at Walvis Bay. President Netumbo Nandi-Ndaitwah said government delays nearly cost Namibia the investment and called for Namibians to get priority in jobs and skills training. Investment Rules: The Investment Promotion and Facilitation Bill has reached Parliament. It would set rules for foreign investment, designate sectors and establish an investment promotion agency. Public Spending: Government spent N$317.5 billion procuring goods and services over four financial years, excluding interest. Forecast spending could push the total above N$500 billion within two years, renewing calls to direct more procurement to local businesses. Farm Costs: Government is considering removing import VAT on agricultural inputs and equipment to ease production costs and food-price pressures.
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.
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