AGP Executive Report
Last update: 3 hours agoEnergy & AI: A nuclear power expert argues nuclear and AI could be a “match made in heaven” for Africa’s growing electricity needs as data centres expand. Municipal Finance: FNB Namibia signed a workplace banking deal with the City of Windhoek, bundling financial literacy with loans, savings, insurance and digital banking for staff. CBD Investment: Bank Windhoek’s new 13-storey Capricorn-on-Main headquarters has received compliance certification and is set to start operations, with 200+ jobs created during construction and 350 employees expected to move in. Trade Watch: Namibia’s trade deficit widened to N$5.9bn in July as imports (N$16.5bn) outpaced exports (N$10.7bn), with mining still dominating exports. Exports Shift: Non-monetary gold overtook uranium as Namibia’s top export commodity in July, helped by a global gold price surge. Public Procurement: The CPBN is in controversy after cancelling a N$127m veterinary cordon fence tender and then awarding an emergency contract to a failed bidder. Aviation Disruption: Hosea Kutako fuel supply has returned to normal after contaminated jet fuel caused reroutes. Mining & Exploration: Koryx Copper reported further Haib drill results, while Cazaly flagged new Abenab North drilling targets after drone survey anomalies. SME Growth: Namibia’s online marketplace push highlights how SMEs can sell via Facebook/WhatsApp to reach wider customers. Education Funding: The NSFAF final 2026 application window opens until 7 October. Transport Safety: Isuzu D-Max RG19 bakkies face a brake-related recall, with inspections and free fixes urged for affected vehicles.
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.