AGP Executive Report
Last update: 4 hours agoLüderitz Oil Exit: Namibia businessmen Josef Andreas and Jason Kasuto have stepped back from a proposed N$4 billion Lüderitz oil and gas supply-base bid, leaving Namport’s renewed process in limbo. Oil Wealth Debate: An editorial argues Namibia doesn’t need 51% ownership to benefit from petroleum; it should push for progressive royalties, tax exceptional profits and stop cost-inflation. AI Crop Monitoring Cancelled: Namibia terminated a N$40m AI crop monitoring deal with US firm 6th Grain after procurement and legal-process failures, raising data sovereignty concerns. Fuel Shock: Middle East conflict is driving higher pump prices from 2 September, with petrol up 60c and diesel up 160c/litre. Skorpion Zinc Restart Talks: Government says it’s working with workers and stakeholders to restart Skorpion Zinc and refinery operations to protect jobs in //Kharas. Mining & Uranium Moves: Deep Yellow says it will pitch its Tumas uranium path to FID in Q4 at a World Nuclear Association symposium; Elevate Uranium reports strong U-pgrade pilot results. Agribusiness Push: Young people, especially women, are being urged to treat farming as a business, not just tradition. Road Safety Warning: A parliamentary transport report calls road accidents a public-health and development crisis, blaming reckless driving and weak enforcement. Sports (Business Angle): Namibia beat South Africa in the FNB Tri-Series opener; Zimbabwe later edged Namibia in a thriller, keeping the tournament tight.
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.