AGP Executive Report
Last update: 2 hours agoEnergy Investment: Namibia has broken ground on Aliko Dangote’s N$41 billion fuel-storage and regional pipeline project at Walvis Bay. President Netumbo Nandi-Ndaitwah says Namibians should get priority for jobs and skills, with local-content rules extended across the economy. Investment Rules: The Investment Promotion and Facilitation Bill has reached Parliament, promising a framework for foreign investment, incentives and investor obligations. Public Spending: Government procurement totalled N$317.5 billion over four years, renewing calls for more contracts to go to local businesses. Agriculture: The Finance Ministry is considering removing import VAT on farm inputs and equipment to ease rising production costs. Health: Nandi-Ndaitwah is investigating medicine distribution failures at state facilities and says officials are under investigation. Water Security: Coca-Cola and partners are investing US$1.22 million in the Swakop River Basin, including dams, boreholes and ecosystem restoration. Retail: O&L has invested N$33 million to bring its Model supermarket brand back to Walvis Bay.
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