AGP Executive Report
Last update: 10 hours agoWater Security: More than half of Namibia’s water is lost before reaching taps, while the central coast needs over twice the water its groundwater can supply, highlighting the strain on ageing infrastructure. Offshore Energy: QatarEnergy plans to take a 25% stake in Chevron’s PEL82 exploration licence in the Walvis Basin, subject to approval; Namcor E&P and Custos Energy each hold 10%. FMD Fallout: Informal meat traders in Windhoek say the outbreak has hurt their livelihoods and want relief similar to the loan moratoriums offered to affected farmers. Public Accountability: The Anti-Corruption Commission is investigating N$30 million in Roads Contractor Company fuel payments, including allegations that N$17 million in fuel was not delivered. Trade and Diamonds: Namibia’s September trade deficit widened to N$4.7 billion, while Botswana’s backing for a proposed De Beers takeover consortium adds momentum to a deal involving Namibia as a partner.
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