AGP Executive Report
Last update: 8 hours agoUranium & Markets: Paladin Energy says Langer Heinrich delivered its strongest FY2026 performance since restarting, producing 4.82m lb U3O8 and beating production targets, with FY2027 guidance lifted to 5.1–5.6m lb and sales of 4.8–5.3m lb. Local Procurement & Jobs: Deep Yellow awarded N$392.6m in civil and concrete contracts for its Tumas Uranium Project to two 100% Namibian firms, targeting about 500 jobs and mobilisation in August. Financial Stability: The Bank of Namibia reports Namibia’s financial system remains stable, with banks maintaining strong capital and liquidity, while monitoring global risks. Development Funding Pressure: NPC DG Kaire Mbuende says slower growth and lower revenue are squeezing capital project funding, with ministries deciding allocations. Trade & Investment Push: NIPDB says it will keep backing market access for Namibian firms after the South Africa-Namibia business forum, urging value-added exports under AfCFTA. City Costs & Services: Windhoek’s housing and living-cost pressures continue, while Windhoek tourism leaders warn the capital needs better attractions and storytelling. South Africa Mobility: Namibia is on South Africa’s 30-day visa-free list, easing short business and travel trips. Regional Labour Links: Namibia and Zimbabwe step up labour inspection and workplace safety cooperation.
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