AGP Executive Report
Last update: 9 hours agoRand under pressure: The rand slid to around R16.67/$ as foreign investors sold SA bonds and global risk aversion rose; the euro also hit a 17-month low on French fiscal stress. Fuel costs bite: Petrol is set to break R30 a litre from Wednesday, with 95 Unleaded forecast around R30.10 in Gauteng, adding fresh pressure to household budgets. Energy logistics: Transnet Pipelines has launched RFPs to bring private operators into five liquid fuel storage depots across the Free State, KwaZulu-Natal and Mpumalanga. Local governance & jobs: A BLSA CEO warns only 17% of government tenders were awarded in 2025, arguing weak public spending is holding back infrastructure investment and growth. Procurement pitfalls: A business analysis says spreading purchases across too many suppliers can raise total procurement costs by diluting buying power. Business expansion: Crown Worldwide Group launched FlexSpace, a modular storage solution in Johannesburg aimed at SMMEs and e-commerce. Court update: The High Court dismissed Hangwani Maumela’s bid to stop the sale of his Ferrari, clearing the way for SIU to sell it for at least R9.5m. Judicial appointments: The JSC is set to interview 44 candidates for 22 vacancies in Sandton, with proposed tighter ethics rules for commissioners.
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.