AGP Executive Report
Last update: 2 hours ago| Financial Sector: NAMFISA says the sector remains resilient, with regulated assets rising 16.6% to about N$553 billion. The regulator says it helped return N$4.4 million to consumers through complaints handling. Uranium: Langer Heinrich produced 1 million pounds of uranium in the first quarter of FY2027, down from the previous quarter after planned maintenance; Paladin kept its full-year guidance unchanged as realised prices rose to US$79.40 a pound. Livestock and Exports: Namibia earned N$374 million from beef exports in August, but foot-and-mouth disease has spread to the Zambezi Region as well as | Kharas, putting producers, trade and rural livelihoods at risk. Energy Investment: TotalEnergies says its proposed Venus project could generate about N$33 billion in local procurement over its lifespan and support an N$827 million socio-economic programme. Local Business: Bank Windhoek has launched an online procurement platform aimed at making opportunities more visible to local suppliers, including SMEs. Regional Development: Aroab’s five-year plan targets better services, expanded business land and investment, with the council seeking to diversify revenue beyond farming. |
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