AGP Executive Report
Last update: 5 hours agoCredit and Rates: After the Bank of Namibia lifted its repo rate to 7%, private-sector credit growth is expected to slow from early 2027, raising borrowing costs for households and businesses. Mining and Industry: Mines spent N$23.97 billion on local goods and services in 2025, but the key test is how much of that spending supports Namibian manufacturing. Andrada Mining says its direct contribution rose 6% to N$775 million. Trade: Namibia exported N$17.57 billion to the EU in 2025, with 95.1% going to just six countries, leaving the export base exposed to shifts in a handful of markets. Business Investment: Namib Mills is spending N$130 million on an Ondangwa distribution hub, due to open by July 2027, to serve growing northern demand. Ports and Fuel: Namport revenue fell 12% to N$2.51 billion in 2025/26, despite a 44% rise in container handling. Petrol prices rise N$2 a litre and diesel N$3 from Wednesday, adding pressure to transport costs. Farm Finance: BoN’s new relief framework allows eligible farmers and agricultural businesses repayment holidays and loan restructuring amid foot-and-mouth disease and climate risks. Public Debt: Government domestic debt reached N$171.1 billion at October’s end, up 19.1% year on year.
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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