AGP Executive Report
Last update: 8 hours agoFuel Shock: Inland 95-octane petrol has topped R30 a litre, rising R3.33 to R30.25. The increase threatens to push up transport and food costs as unions and ANC lawmakers call for fuel-levy relief. Banking: FNB is opening crypto trading to nearly nine million customers, bringing digital assets to a vast new pool of South African clients. State-Owned Firms: President Cyril Ramaphosa is set to chair a new commission to improve oversight and governance of state companies, replacing a shelved plan for a central holding company. Energy: Government plans new procurement rounds for 4,600MW of battery storage and 5,000MW of gas-to-power, while exploring sales of surplus wind power to neighbours and tackling grid bottlenecks. Pharmaceuticals: Ramaphosa has launched the CSIR’s FuturePharma facility in Pretoria to help local researchers and biotech firms scale up medicine production and reduce reliance on imports.
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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