AGP Executive Report
Last update: 8 hours agoCourt Watch: A South African court dismissed an attempt to stop TGS’s seismic survey in the Orange basin, a rare win for Namibia’s exploration ecosystem, with a bigger Constitutional Court case on Shell’s south-coast plans expected soon. Agri Payments: Namibia will release N$36m in outstanding payments to farmers after mid-term budget consultations, and will also buy surplus grain for the strategic reserve to cushion El Niño-linked shortages. Tax & Revenue: Namibia Revenue Agency is seeking to recover N$676m in unpaid taxes from Enercon Namibia liquidators, as the dispute widens around the company’s fallout. Green Industrialisation: Namibia is pushing green financing and industrialisation under NDP6, aiming to lift manufacturing to 18% of GDP and boost electricity access, with green hydrogen framed as an enabler. Investment Promotion: NIPDB used the African Green Industries Summit to connect local project owners with investors, pitching opportunities from solar to waste management. AI & Skills: NOVA Institution of Artificial Intelligence is gearing up to train future-ready AI technicians through practical, product-focused programmes, while Injini backs an AI EdTech venture builder across Southern Africa. Mining & Markets: Copper sentiment is surging on AI-driven data-centre demand, and uranium remains in focus as global prices firm—relevant for Namibia’s resource-linked investors. Corporate & Finance: NedNamibia Holdings reported a 23.7% profit rise to N$239m, while Bank Windhoek’s new Capricorn-on-Main HQ is set to start operations, supporting CBD activity. Local Business & Policy: Farmers, SMEs and investors are all being nudged toward clearer pathways—through TVET entrepreneurship calls, a new investor tax guide, and online marketplace advice.
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.