AGP Executive Report
Last update: 9 hours agoTelecom Investment: MTC has committed N$624.9 million in capital expenditure for 2025/26 to modernise networks, expand coverage, build new towers and strengthen power infrastructure for resilience, with a focus on underserved and remote areas. Regulation & Broadcasting Costs: CRAN says it has adjusted proposed regulatory levy fees after considering the financial position of small radio broadcasters, moving to fixed rates (2.25% for telecoms and 1.2% for broadcasters) and inviting public comment. Housing Affordability: Namibia’s central bank says fewer than 10% of workers can realistically afford home loans, with about 70% priced out of formal housing due to low incomes and limited mortgage access. Financial Sector Accountability: The Supreme Court orders Namfisa to pay N$35.1 million to liquidators of Prowealth Asset Management for investor losses linked to weak regulatory oversight. Local Governance Scrutiny: Keetmanshoop municipality faces criticism for renting 26 vehicles, including a Mercedes for the mayor, at about N$391,000 a month amid financial strain. Critical Minerals Exploration: Askari Metals launches Phase I field exploration at EPL 7626 in Namibia’s Uis tin district, targeting buried tin and tantalum-bearing pegmatites to refine future drill targets. Energy & Industry Context: A report highlights Morocco’s rise to the top of Africa’s industrialisation index, overtaking South Africa, underscoring shifting manufacturing momentum across the continent.
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