AGP Executive Report
Last update: 9 hours agoPhala Phala Legal Showdown: South Africa’s President Cyril Ramaphosa has filed a fresh bid in the Western Cape High Court to review and set aside the Section 89 Phala Phala report, arguing the panel misunderstood its mandate and that its “prima facie” findings rely on hearsay—aimed at stopping impeachment momentum. Housing Pressure: Namibia’s central bank warns urbanisation is outpacing serviced land and infrastructure, with the country now 53% urbanised and Windhoek average house prices above N$1.4m. Mining & Prices: Chamber of Mines says gold strength and steady uranium/energy-transition demand cushioned 2025, while Namibia’s Producer Price Index fell 1.7% in Q1, led by lower mining and quarrying prices. State & Markets: Namibia Asset Management says assets climbed above N$23bn; NaCC approved NASAN’s Vivo/Engen fuel asset deal with strict conditions. Telecom & Transport: Telecom Namibia admits disruptions stem from infrastructure and system issues after CRAN summons; TransNamib says its N$1.7bn locomotive procurement is set to restart via CPBN. Conservation & Food: Namibia secured over N$1.1bn for conservation; Kunene’s Chakula abattoir gets export approval for Namibian beef.
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