AGP Executive Report
Last update: 6 hours agoSanlam fraud probe widens: Four more suspects were arrested at Ondangwa Magistrate’s Court, bringing the total to 17 in a case linked to insurance fraud, forgery and money laundering—allegedly tied to forged hospital records and payouts of about N$1.2m, with the investigation also linked to the murder of late control prosecutor Justine Shiweda. Mining updates: Koryx Copper issued a correction on Haib drill results, saying no updated PEA is expected before mid-2026, while ReconAfrica says Kavango West 1X production testing should start before month-end with results due mid-to-late July. Energy and trade: Sintana Energy reports progress on integrating Challenger, and Namibia’s inflation outlook is under pressure from fuel shocks as the Financial Services Adjudicator Act remains non-operational despite FIMA’s launch. Governance and jobs: MPs push for mining wealth to drive Namibia’s development, while Oceana extends CEO Neville Brink’s contract to end-2027 after a successor search.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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