AGP Executive Report
Last update: a day agoSADC Trade Push: Botswana says it will deepen cross-border business ties to cut non-tariff barriers, ease logistics and expand regional market access as it hosts the 30th Business Botswana Northern Trade Fair in Francistown. Xenophobia Fallout: Nigeria’s police urged calm as fears of retaliation grow amid reports of anti-foreigner violence in South Africa, while Ghanaian returnees described evacuation as a “moment of freedom” after years of hardship. Spaza Support Rollout: South Africa’s spaza shop support fund is moving ahead: R179.6m has been approved for 2,300+ shops, but hundreds are still failing compliance checks. Diplomacy & Business: Deputy President Paul Mashatile and President Ramaphosa are set to host Kenya’s President Ruto for a state visit and business forum focused on trade and investment. Household Pressure: Reserve Bank rate hikes plus fuel and food inflation are squeezing budgets, with research showing consumers cutting spending and buying less fuel for the same money. Mining Update: Petra Diamonds placed its Finsch mine into business rescue and warned of further cost cuts as weak diamond prices and a strong rand bite. Energy/Water Watch: Cape Town dam levels jumped nearly 20% in a week, lifting storage to 70.8% capacity.
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