AGP Executive Report
Last update: 10 hours agoPower Costs: Eskom’s proposed tariff restructuring faced strong opposition at a NERSA hearing, with speakers warning that it could deepen pressure on low-income households and businesses. If approved, the changes would take effect on 1 April 2027. Food Prices: Chicken import duties are under review, with importers warning that extending or raising them could push prices higher; the poultry industry supports stronger duties. Business Finance: Kholo Capital is providing R275 million in mezzanine financing to ICT distributor DCC Holdings to refinance debt and support growth. Rail Exports: Transnet is upgrading the Sishen–Saldanha iron-ore line during its annual shutdown, aiming to improve reliability and capacity on a key export route. Agriculture: President Cyril Ramaphosa says the government plans to release 2.5 million hectares of state land to black farmers, alongside expanded finance and market access. JSE: Tongaat Hulett has been delisted as its business-rescue process continues, ending a 74-year run on the exchange. Outlook: The IMF has kept its South African growth forecast largely steady, while separate coverage warns that Chinese imports are weighing on local factories.
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