AGP Executive Report
Last update: 25 minutes agoPIC governance shock: South Africa’s Public Investment Corporation has reportedly suspended CEO Patrick Dlamini and CIO August van Heerden amid a widening Lanseria Airport governance dispute tied to a PwC forensic probe and SIU referral. Migration crackdown: Home Affairs says it will not tolerate illegal border crossings as deportations and voluntary repatriations continue, with reports of more than 53,000 foreigners sent home in a month amid protests. Xenophobia pushback: Traditional leaders in Zimbabwe condemned xenophobic violence and called for African unity, while Nigeria again warned South Africa over attacks on Nigerians. Municipal finance pressure: Parliament’s Finance Committee says Treasury should have consulted before withholding R13.5bn from 69 municipalities, raising fresh questions about service delivery and local government stability. Energy policy debate: An entrepreneur argues SA needs a transparent, long-term electricity pricing framework for manufacturers, not case-by-case tariff deals. Diamond sector hit: De Beers plans to pause production at Venetia for two years to cut costs as rough diamond conditions stay tough. Consumer protection: The National Consumer Commission is investigating sanitary pad and panty liner suppliers after a UFS study flagged endocrine-disrupting chemicals. Business spotlight: Father-and-son entrepreneurs behind Essence Hair Care say persistence and a major reinvestment helped secure a Shoprite retail partnership.
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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