AGP Executive Report
Last update: 9 hours agoInvestment & Growth: Former Standard Bank CEO Jacko Maree says South Africa needs an extra $75-billion in annual investment to meet its growth goals, with fixed investment below 15% of GDP against a 30% target. Energy Transition: Hive Hydrogen reports surging global demand for green ammonia, putting its Coega project in focus, while the government’s proposed 5.2GW nuclear build faces questions over cost, flexibility and falling electricity demand. Industry Pressure: Manufacturing remains in contraction, with the latest business activity reading at 48.6 and rising input costs squeezing factories; September mining output plunged 10.7% year on year. Itac will maintain 113.25% duties on Chinese stranded wire to protect local producers. Exports & Logistics: Citrus growers shipped 201 million cartons, short of last year’s record, as higher costs, bad weather, shipping constraints and weaker demand made for a punishing season. Port delays are also hitting Metair, while Grindrod has run the first private freight train on Transnet’s network. Power Infrastructure: Eskom is seeking faster grid connections to unlock generation, as a 120MW solar project for data-centre operator Teraco advances.
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