AGP Executive Report
Last update: 7 hours agoMining: Paladin Energy reported lower September-quarter output and higher costs at Namibia’s Langer Heinrich mine, but kept full-year guidance unchanged, leaving a stronger second half to deliver. Namibia is also represented in the consortium bidding for De Beers, with Richemont and Signet in talks to join. Livestock: Foot-and-mouth disease restrictions are pushing up meat prices and disrupting trade, with the outbreak spreading to Zambezi. Infrastructure: Road Fund Administration revenue has topped N$4.7 billion, with N$3.5 billion invested in roads in 2025/26; TransNamib’s N$2.6 billion locomotive plan still awaits lender approval. Trade: Namibia recorded a N$1.2 billion trade deficit with Africa in August, as imports exceeded exports. Finance: Non-bank financial sector assets rose 16.6% to N$552.8 billion in 2025/26, despite NAMFISA posting a N$31.3 million deficit after a one-off legal charge.
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