AGP Executive Report
Last update: 5 hours agoNepal Floods: Flash floods and landslides on the Nepal–Tibet border have killed at least 160 people, with rescue teams racing to find hundreds more missing; among those unaccounted for are foreign tourists, including reports of 34 Australians and dozens of Indians, while Nepal police say 157 bodies have been recovered. LIV Golf Shake-up: LIV Golf is scaling back operations as Saudi Public Investment Fund backing ends, with many jobs set to end in early September while the league pushes toward “LIV 2.0”. Tourism Boost: South Africa welcomed 991,696 foreign overnight tourists in July, up 12.5% year-on-year, according to Stats SA. Xenophobia Crackdown: President Cyril Ramaphosa says perpetrators of violence against foreign nationals will be arrested and prosecuted, responding to lawmakers’ questions on renewed attacks. Wildlife Crime at OR Tambo: Customs arrested a Thai national for allegedly smuggling 50 suspected endangered parrot eggs in a homemade incubator bag; the case follows a similar July seizure. Job Market Pressure: Stats SA data show unemployment rising to 33.6% in Q2, with youth unemployment at 47.4%, renewing calls for skills aligned to modern jobs. MTN Leadership: MTN Group announced internal executive appointments from September to strengthen operations and regulatory leadership. Business & Finance: Naspers chair Koos Bekker will retire by March 2028, while Blu Label reported a large accounting loss tied to its Cell C shareholding write-down.
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.