AGP Executive Report
Last update: 7 hours agoSpace & Innovation: Namibia used World Space Week in Windhoek to call for satellite tech, new legislation and partnerships to grow a domestic space economy, with a Space Science and Technology Bill aimed at regulation, capacity-building and investment. Insurance & Capital Markets: Sanlam agreed to buy the remaining shares in Santam it doesn’t already own, moving to full ownership and delisting across the JSE, NSX and A2X at R505 per share. FMD & Trade: The EU temporarily suspended fresh meat and some processed products from Namibia’s previously FMD-free zone after an outbreak in Karasburg/Kharas, while Agribank said repayment relief will be assessed case-by-case for affected farmers and agribusinesses. Digital Trade & AI: Namibia is reviewing its AfCFTA Digital Trade framework to build a national action plan, and launched a National Artificial Intelligence Institute under NCRST with four centres for R&D, datasets, software and innovation. Banking & Rates: Simonis Storm expects the Bank of Namibia to lift the repo rate to 7% in October to protect the Namibia-dollar peg and tackle inflation. Energy & Logistics: NamPower data shows imports still dominate electricity supply, and NamRA will cut customs bond guarantees from 1 November 2026 using a risk-based framework to lower trade costs. Mining & Business Growth: Navachab outlined a major expansion plan, while Rundu was urged to position itself as a regional economic hub.
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.
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