AGP Executive Report
Last update: 3 hours agoMining & Markets: Australian small-cap explorers are driving fresh attention on Namibia-linked projects, with Kaoko Metals jumping after early copper mineralisation at Chalkos, while Askari Metals ramps up Uis pegmatite work (soil sampling, trenching and planned RC drilling across tin, tantalum, lithium and more). Energy & Finance: OL Energy targets gigawatt-scale renewables by 2029, and Simonis Storm warns Namibia’s private-sector credit growth may stay subdued as corporate borrowing weakens. Banking & Reserves: Bank of Namibia data shows international reserves rising to N$58bn, supporting import cover, even as banking liquidity and credit momentum soften. Policy & Governance: The Presidency moves to control upstream petroleum local content via a new regulator unit, and the Ministry of Works distances itself from a leaked Namibia Air document while confirming talks with Ethiopian Airlines. Public Services: NamWater schedules water interruptions in Okahao areas, and malaria remains a major health pressure with 122,000+ cases reported this year. Business & Local Economy: Windhoek introduces a heavy-vehicle permit system, and northern kapana cooks qualify for the Nedbank national final.
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