AGP Executive Report
Last update: 11 hours agoSARB Benchmark Shift: Reserve Bank deputy governor Rashad Cassim says South Africa will move away from quoting loans off prime and gradually link them to the repo rate, aiming to make the lending margin clearer for borrowers. Municipal Service Pressure: The DA launched its local government manifesto in Johannesburg, promising ring-fenced water and electricity revenues plus fixes to billing errors, cadre deployment and enforcement gaps. Women’s Month Accountability: A memorial for slain whistleblower Babita Deokaran was unveiled in Mount Edgecombe, renewing questions about whistleblower safety and whether those behind her 2021 killing will face justice. Water Crisis Hits Health: Masilonyana Municipality’s water failures have left clinics closed for months in the Free State, stranding patients and overloading the health system. Immigration Crackdown: Limpopo police arrested 121 undocumented immigrants and 26 wanted suspects in Operation Shanela II–Retshepheng, targeting illegal mining and other crimes. Tourism Push: South African Tourism is running a campaign in Hyderabad to grow India’s MICE and leisure travel to SA. Property & Finance Watch: Nedbank COO Mfundo Nkuhlu flags a costly West Africa investment exit as one of his few disappointments, while pointing to broader growth during his 22-year career. Road Safety Reminder: A new focus on road deaths highlights that in SA, pedestrians make up a large share of fatalities, calling it a public health and policy failure.
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.