AGP Executive Report
Last update: 3 hours agoFuel & Logistics: Petrol hit a record R30.25 a litre after a R3 increase, squeezing households and freight operators and renewing scrutiny of refinery closures and fuel-import dependence. Food & Farming: A basic nutritional basket for a family of seven cost R1,167 more than the average food basket in September, forcing families to trade nutrition for affordability. Farmers also warn foot-and-mouth disease will remain uncontrolled on the current path. Manufacturing & Investment: Factory output fell in August, even as JAC Motors committed R500m to expand at Lanseria and Isuzu invested R30m to strengthen truck production. Mining: Two directors and three Gupta-linked companies were convicted over the misuse of R107.5m from mine rehabilitation trusts, as rising fatalities and declining exploration weigh on the sector. Energy: Cape Town launched a R220m municipal solar-and-storage plant, adding to a wider push for renewables and batteries as high electricity costs constrain businesses and households.
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