AGP Executive Report
Last update: 7 hours agoEnergy & Industry Policy: Approvals are in for Dimsum Energy’s 2GW Eastern Cape hybrid renewables mega-project (wind, solar and large-scale battery storage), with construction targeted for early 2028 and linked to new transmission capacity via the Poseidon 400/132kV substation. Power & Public Finance: City Power warns government departments owe it over R270m for electricity, with total arrears across customers now at R13.3bn—raising the risk of disconnections and service strain. Government Reshuffle: President Cyril Ramaphosa’s GNU cabinet changes demote DA leader John Steenhuisen to Deputy Minister of Trade, Industry and Competition, while appointing Willie Aucamp as Agriculture minister; Dina Pule’s Social Development appointment draws DA backlash. Mining & Metals Dealmaking: Alcoa agrees to buy South32’s bauxite, alumina and aluminium assets for up to $5.6bn, reshaping South32’s portfolio and strengthening Alcoa’s integrated aluminium position. Rare Earths Progress: Rainbow Rare Earths says three-quarters of the Phalaborwa rare earths process flowsheet is fixed and moved into engineering after pilot plant data. Digital Power Skills: Eskom and Huawei launch a Modernisation Centre to train Eskom staff and South African youth in power ICT, smart grids, cybersecurity and digital operations. Jobs & Economy: Stats SA reports South Africa shed 120,000 jobs between March 2025 and March 2026, with losses across food, manufacturing, community services, trade, construction, electricity and transport. Trade & Circular Economy: Recycling sector groups urge an urgent review of the Price Preference System after the Draft National Circular Economy Action Plan was published without consultation.
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.