AGP Executive Report
Last update: 6 hours agoCopper Shift: A Betashares report says copper now makes up a bigger share of earnings for Australia’s listed miners than iron ore, reflecting stronger copper prices tied to electrification, power grids and AI-linked demand. Telecom Cashflow: Namibia’s telecoms raked in N$6.7bn from data sales over 27 months, with TikTok, Facebook and WhatsApp driving usage; in Q2 alone data revenue hit N$944m and sector revenue grew 12%. Cyber Risk Rising: Despite ICT growth, cyber threat events jumped 57% in Q2, with vulnerabilities up 40%, pushing regulators to warn that connectivity gains must come with stronger security. Public Finance Move: The Bank of Namibia invites investors to a GC27 switch auction on 23 September, aiming to roll over N$3.6bn of government debt. Sport Funding Gap: Namibia spends less than 1% of public expenditure on sport; government targets sport’s employment contribution at 3.5% under NDP6. Port Concessions Scrutiny: IPC questions Namport’s 25-year Walvis Bay container terminal concession, demanding details on fees, cargo volumes and job protections. Agriculture Investment Push: Namibia’s agriculture conference (19–20 Oct) targets N$1bn–N$10bn in annual private investment to cut import dependence. Cuba Solidarity: A Windhoek gala raised about N$2.6m for Cuba, with an additional “mysterious donor” pledge of N$17m announced. Mining Watch: Koryx Copper starts a maiden 2,500m diamond drill programme at Luanshya West in Zambia and plans further sampling at Mpongwe.
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.