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AGP Executive Report

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Electricity Costs: The Electricity Control Board approved a moderated 3.7% bulk tariff increase for NamPower from 1 August 2026 (from N$2.06/kWh to N$2.14/kWh), after government support of N$90 million helped cushion consumers. Municipal Pressure: Windhoek residents are also bracing for higher City of Windhoek charges, with activists and households warning the combined cost-of-living squeeze is hitting rentals and small businesses hardest. Rare Earths Push: Namibia Critical Metals says the Lofdal heavy rare earth project’s Joint Management Committee approved the next DFS phase, including up to about C$11m in additional funding and the first major metallurgical/process contracts. Oil & Gas Localisation: NOGC 2026 returns to Windhoek (18–20 August) with a stronger focus on turning petroleum decisions into local jobs, contracts and supplier opportunities. Trade & Investment: Namibia and South Africa are urged to shift from raw-materials exports and imports toward industrialisation and regional manufacturing that creates jobs. Cross-border Business: Namibia Investment Promotion and Development Board invites firms to a Namibia–Türkiye trade mission in Windhoek covering sectors from renewables and fisheries to construction and tourism. Courtroom Tensions: Oranjemund Town Council’s planned Yacht Club utility cut-off was stayed by the High Court after Turnstile Investments challenged the move. Energy Sector Governance: Kunene Regional Council rejects a second court order to remove an acting CRO, escalating a funding and compliance standoff with the minister. Finance & Markets: Halliburton beat profit estimates, with improved demand in Europe and Africa (including Namibia) offsetting weaker Middle East activity.

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.

AGP Wire

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Jul. 16, 2026

Rubidium market seen rising to 11.96 tons by 2035 on 5G, quantum and medical demand

AGP

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Jul. 15, 2026

Safari World Tours expands personalized Namibia travel and shuttle transfers

AGP

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Jul. 13, 2026

Africa Prize opens 2027 applications for Namibia's engineers and innovators

AGP

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Jul. 9, 2026

Waste2Wear, Kwality Holdings launch recycled bags partnership in Southern Africa

AGP


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Jul. 20, 2026

Joint Communiqué of the fourth Session of South Africa-Namibia Bi-National Commission (BNC)

South African Government

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Jul. 17, 2026

President Cyril Ramaphosa: South Africa–Namibia Bi-National Commission

South African Government

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Jul. 16, 2026

President Cyril Ramaphosa co-chairs 4th South Africa- Namibia Binational Commission, 17 Jul

South African Government

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Jul. 16, 2026

Rubidium Market to Near 11.96 Tons by 2035 as Quantum Computing and 5G Timing Reshape a Niche Metal

EIN Presswire

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Jul. 13, 2026

Trade, Industry and Competition hosts South Africa – Namibia Business Forum, 17 Jul

South African Government

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Jul. 15, 2026

Safari World Tours, a Leading Namibia Tour Operator, Expands Personalised Travel & Shuttle Transfer Services

EIN Presswire

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