AGP Executive Report
Last update: 10 hours agoEnergy Transition & Power Market: Ramaphosa says SA’s clean-energy shift must cut electricity costs and grow communities, pointing to Eskom restructuring progress and a move toward an independent transmission and market operator. Crypto Regulation: SARB and National Treasury propose a draft Crypto Assets Manual to tighten oversight of cross-border crypto transactions, with authorised crypto service providers and reporting to FinSurv. Trade & Currency: SA’s trade surplus widened to nearly R18bn in June as exports rose and imports eased, though economists warn the improvement may not last amid oil-price and rand risks. Banking & Business Confidence: Absa PMI slipped to 46.8 in July, but domestic demand and new sales orders improved; Telkom reported stronger Q1 data-led growth; Nedbank COO Mfundo Nkuhlu announced early retirement. Governance & Property Rights: The DA defends its court challenge to the Expropriation Act as unconstitutional, while PIC turmoil keeps R3.6tn public assets under scrutiny. Local Economy & Services: Pikitup’s waste backlog leaves Alexandra residents facing unsanitary conditions and health fears. Transport & Aviation: Airlink launches a new Gauteng–Harare route from Lanseria starting mid-November. Corporate Moves: ICTSI lifted H1 recurring net income 25% on higher volumes, including Durban Gateway Terminal.
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.
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