AGP Executive Report

Last update: 7 hours ago

Payments Modernisation: Instant Payments Namibia unveiled WayaMe, the consumer-facing brand for its instant payment solution, aiming to boost adoption of a more inclusive, interoperable digital payments ecosystem. Energy Infrastructure: NamPower will officially inaugurate the N$394m Sekelduin Substation near Swakopmund on 22 June, billed as Africa’s first fully digital electricity substation to strengthen coastal grid reliability. Mining Outlook: Namibia’s mining sector remains cautiously optimistic on strong uranium and gold prices, but rising fuel costs are pressuring operating expenses and transport. Capital Raising: Ongwe Minerals increased its fundraising to up to ~N$238m to fund exploration at its Namibian gold projects, with closing expected around 25 June. Urban Digital Push: Windhoek launched its People-Centred Smart City Strategy 2026–2036, including plans to commercialise municipal fibre, modernise transport, and pursue a commuter rail link. Governance & State Firms: Scrutiny grows around Namcor’s fuel supply arrangement with Vitol amid a prolonged leadership vacuum, as questions resurface about confidence and decision-making capacity. Local Business Readiness: The Economic Association of Namibia will measure how ready Namibian businesses are for oil and gas work ahead of the 2026 Oil and Gas Conference. Consumer Protection: Namfisa helped recover over N$1.7m for consumers in the first quarter of 2026 after interventions over insurance, pension and micro-lending complaints. Trade Signals: Vehicle sales fell 11.3% in May but are up 14.8% year-on-year, while beverage imports stayed far above exports, underscoring import dependence.

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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Jun. 10, 2026

JETOUR documentary wins three Telly Awards

AGP

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Jun. 10, 2026

Jetour documentary wins three Telly Awards

AGP


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Namibia lifts key interest rate to 6.75 pct amid inflation pressures

Namibia lifts key interest rate to 6.75 pct amid inflation pressures

Namibia Oil And Gas Conference 2026 Expands Programme To Drive Inclusive Growth

Namibia Oil And Gas Conference 2026 Expands Programme To Drive Inclusive Growth

Windhoek’s ‘smart city’ vision draws mixed reactions

Windhoek’s ‘smart city’ vision draws mixed reactions

Namibia lifts interest rate and forecasts worse inflation

Namibia lifts interest rate and forecasts worse inflation


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Jun. 9, 2026

Ongwe Minerals Discovers New Multi-Kilometer Gold Anomaly At Its Omatjete Gold Project In Namibia

GlobeNewswire, Inc.

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Jun. 3, 2026

Koryx Copper Provides Project Development Update for the Haib Copper Project in Southern Namibia

GlobeNewswire, Inc.

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Jun. 16, 2026

Flash Sports & Media (Nasdaq: FLZH) Launches Malaysia T20 League (MT20)

GlobeNewswire, Inc.

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May 28, 2026

Deep Yellow Limited (DYL.AX) Corporate Presentation - UBS Uranium Day

ABN Newswire

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May 15, 2026

CORRECTION -- Koryx Copper Announces Further Significant Drill Results at the Haib Copper Project, Southern Namibia

GlobeNewswire, Inc.

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May 15, 2026

Koryx Copper Announces Further Significant Drill Results for the Haib Copper Project, Southern Namibia

GlobeNewswire, Inc.

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