AGP Executive Report
Last update: 8 hours agoOil & Sovereignty: Industries, Mines and Energy Minister Modestus Amutse says Namibia won’t bend petroleum laws or grant exemptions to foreign oil firms, setting the tone for how future oil deals will be governed. Financial Inclusion & Living Costs: Namibia’s 2025 Financial Inclusion Survey shows 86% of adults are financially included, but 54.1% earn N$2,000 or less monthly and 63% struggle to keep up with commitments—income pressure remains the real constraint. Consumer & Cyber Fraud: Bank Windhoek warns fraudsters increasingly target people’s trust via fake messages and pressure tactics, urging customers to stop, think and verify before sharing any PIN/password/OTP. Sustainable Finance Data: The Bank of Namibia is running a national climate data diagnostic study after gaps in climate information and capacity were flagged as major hurdles to mobilising sustainable finance. Housing Push: Yambuka Housing launched a new prefabricated housing model aimed at moving low-income families from shacks to durable homes while creating jobs and training certified installers. Transport & Infrastructure: NAC installed a N$1.3m flight information display system at Walvis Bay airport, while the Road Fund Administrator allocated N$439m for Windhoek road maintenance and upgrades. Local Labour Dispute: Gendev Fishing Group and Nasawu remain deadlocked over a wage offer, with workers striking after the latest proposal was rejected.
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