AGP Executive Report
Last update: 9 hours agoPorts & Minerals: Transnet has started the process to pick a private partner to expand manganese export capacity by 20%, issuing a Request for Qualification for a new Ngqura manganese export corridor from the Northern Cape, aiming to cut road haulage and boost efficiency. Power & Industry: Electricity Minister Kgosientsho Ramokgopa unveiled “Eskom 2.0”, ruling out further bailouts and sustained double-digit tariff hikes, while Eskom chair Mteto Nyati was reappointed for three more years with affordability now the board’s top priority. Aviation Fuel Transition: Germany, Austria and Luxembourg launched a dual-auction scheme to scale up renewable eSAF, using public subsidies to close the price gap and give producers long-term revenue certainty. Trade & Manufacturing Finance: South African manufacturers are watching credit costs closely after the CBN’s rate cut in Nigeria, with industry urging banks to transmit lower policy rates into cheaper lending. Logistics & Shipping Reality Check: A new analysis warns that rerouting shipping around the Cape due to Middle East disruptions hasn’t delivered a Southern Africa windfall, with port congestion and inefficiencies still biting. Aviation/Infrastructure Governance: ACSA appointed former CFO Siphamandla Mthethwa as CEO from November 1, as it targets operational excellence and sustainable growth. Policy & Compliance: PSiRA says it is cooperating fully with the SIU after a search and seizure over a R130m UIF training contract. Vehicle Recalls: The NCC flagged recalls affecting Toyota, Lexus and Jeep models, citing software faults and airbag control issues.
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