AGP Executive Report
Last update: 8 hours agoDigital Sovereignty: CRAN has upheld its rejection of Starlink’s licence bid, saying the company failed Namibia’s statutory ownership requirements and that appeals lacked grounds to reverse the decision. Economy Watch: Namibia’s GDP grew 2.0% in real terms in Q1 2026 to N$70.9bn nominally, with services up (trade +9.3%, financial services +7.2%) while mining and manufacturing dragged (mining -12.2%). Regional Trade: At the SACU summit, leaders backed a N$5bn Regional Innovative Funding Mechanism and pushed for a 15-year AGOA extension, with Namibia’s President Netumbo Nandi-Ndaitwah attending. Markets & Corporate Moves: Agra appointed Simonis Storm Securities as its new NSX sponsor; Brand Africa ranked Namibia’s top brands with MTC taking the Grand Prix and Windhoek Beer second. Agriculture & Fisheries: Controlled agronomy output rose in Q1 (white maize, wheat), but fish landings fell even as export earnings increased. Public Finance & Compliance: Namibia improved its Basel AML Index score to 4.78 in 2025, with the FIC reporting hundreds of intelligence disclosures and forfeitures. Water Security: Government committed N$200m equity toward the Erongo Sunam desalination project, targeting 20m m³ of climate-independent water annually.
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.
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