AGP Executive Report
Last update: 8 hours agoTrade: South Africa’s impending removal from AGOA from January 1 puts exporters and jobs at risk, particularly in automotive and agriculture, as government seeks new US trade arrangements and alternative markets. Energy: Brent crude fell about 10% to below $94 a barrel after the US midterm results, raising the prospect of lower fuel prices if the decline holds. Mining: Carbon credits could help mines manage carbon-tax costs while funding land restoration and rural jobs, the Minerals Council heard at its first climate learning day. Agriculture: Livestock Wealth plans to plant one million banana trees in KwaZulu-Natal by 2030, seeking nearly R1.5 billion from investors. Logistics: Grindrod has completed the first private test train under South Africa’s rail-access reforms and plans to begin coal haulage to Maputo in 2027. Aviation: SAA is seeking nearly R23 million from Kenya Airways over disputed surcharges and commissions under a codeshare deal.
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