AGP Executive Report
Last update: 20 hours agoFuel Supply & Prices: Namibia’s industries minister Modestus Amutse says fuel supply for July–September 2026 is secure and the issue is cost, not availability, after clarifying misinformation; he also announced Vitol will be the only permitted importer for the period, offering fuel at the basic price with no added premiums and no public money. Transport & Logistics: TransNamib’s N$1.17bn northern rail upgrade faces “severe” challenges, with government pushing for board accountability after derailments; the operator cites ongoing infrastructure upgrades, rolling stock limits and regulatory gaps. Mining Finance: Andrada Mining secured conditional N$98m debt financing from Bank Windhoek and the Development Bank of Namibia for Uis Mine expansion and ore-sorting, alongside expanded Lithium Ridge drilling. Public Finance: Government gazetted the Appropriation Act, 2026, authorising N$87.93bn for 2026/27, led by education (N$28bn) and health/social services (N$13.1bn). Telecom Investment: MTC committed N$624.9m to upgrade network and digital infrastructure, including towers, transmission expansion and improvements in underserved areas. Trade & Regional Links: Botswana pledged stronger SADC ties and cross-border trade facilitation at the Business Botswana Northern Trade Fair, citing efforts to cut non-tariff barriers. Energy & Industry Partnerships: CNBC Africa partnered with KGL Group to set up a Ghana country office, while Namibia’s minister says China’s zero-tariff push for Africa could boost industrialisation. Local Business & Culture: Oshakati Totem Expo opened with a call for more trade fairs to drive grassroots growth, and Namibia’s VP urged local authorities to back similar expos.
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