AGP Executive Report
Last update: 10 hours agoSARB Rate-Decision Pressure: Inflation has jumped to a 19-month high (4% in April), and economists are increasingly betting the SARB will lift rates this week—while fuel levy relief ends—raising the risk of a June “double blow” for already debt-stretched households. Fuel-Fix Reality Check: With petrol prices climbing, South Africans are changing routes, pooling errands, and leaning more on short-term borrowing to survive. Eskom vs Joburg: After a July 8 blackout threat over more than R5bn in Eskom debt, national government and the City of Johannesburg reached a provisional deal, with joint operations and a distribution revenue framework to keep power flowing. Property Market Shift: Buyers are rejecting overpriced homes as repayment calculations bite, pushing sellers to price realistically from day one. FMD Vaccine Court Win: A Pretoria ruling allows farmers to procure FMD vaccines lawfully from approved channels, challenging state delays. Conservation & Tourism: African Parks says it wants more local staffing and more tourists from its operating countries, backing training via a new Rwanda academy. Maritime Security: The IMO warns Somali piracy is back, with hijackings in the Gulf of Aden and western Indian Ocean.
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