AGP Executive Report
Last update: 10 hours agoMarkets: South Africa’s five listed apparel retailers have lost nearly R47bn in market value this year, with Pepkor, TFG and Woolworths among the hardest hit. Manufacturing production also fell 3.5% year on year in September. Jobs: Unemployment edged up to 33.7% in the third quarter, leaving 8.58 million people jobless despite 101,000 new jobs. Small Business: Fintech Yoco secured a $100m credit line to expand merchant financing. Trade: China’s zero-tariff access for African goods offers South African exporters room to grow, including in fruit markets. Coalitions: The ANC remains divided over whether to partner with the DA in key metros, as businesses look for stable local government to support investment.
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.