AGP Executive Report
Last update: 8 hours agoNamibia Economy Outlook: Namibia’s growth remains cautiously positive, but economists flag weaker 2025 performance (1.7%) and higher inflation after fuel-driven price pressures, with the Bank of Namibia lifting the repo rate to 6.75% to protect reserves and the rand peg. Banking & Markets: The NSX overall index rose 1.87% last week, led by real estate (+5.39%), while international reserves climbed to N$56.4bn by end-June, supporting about 3.5 months import cover. Water Infrastructure: Erongo governor /Goagoses says the N$83.9m Swakopmund–Schwarzekop pipeline replacement must deliver lasting value and include local authorities, businesses and youth in implementation. SME Funding Scam Alert: NIPDB warns of fake SME Fund emails pressuring applicants for banking details, urging people to use verified NIPDB/SME Fund channels only. Corporate Appointments: NamPost appoints Willem Mouton as CEO from 1 August for five years, as the postal operator pushes growth and transformation. Labour & Skills: MUN marks 40 years and calls for preparing workers for automation and the energy transition, shifting from only defending rights to building future-ready skills. Crypto Regulation Watch (Region): South Africa proposes stricter rules for cross-border crypto transactions, with authorised providers and reporting requirements. US Visa Bond Policy: The US makes a refundable visa bond programme permanent, potentially requiring up to $20,000 from nationals of 50 countries, including many African states.
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.