AGP Executive Report
Last update: 11 hours agoEskom Update: Eskom says it has removed 1.09 million customers from load reduction schedules, with full elimination now in five provinces, as it pushes smart meters and tackles illegal connections. Food Prices Probe: South Africa’s SAHRC begins the second leg of its food system inquiry, focusing on how prices are set, affordability and market concentration after findings that 22% of households regularly go to bed hungry. Municipal Cash Crunch: South Africa’s City of Johannesburg faces another blow as National Treasury withholds part of its July equitable share over MFMA non-compliance, following earlier asset attachments. Kenya Investment Scheme Scam Clarified: Kenya’s CMA denies plans to revoke licences of MMF and special fund schemes after a viral fake circular, warning investors to rely only on official channels. Nigeria Big Tech Pressure: Nigeria’s Tinubu orders FCCPC/ICPC probes into alleged anti-competitive practices and misuse of Nigerian media content by major tech firms and AI platforms. East Africa Fuel Supply Push: Aliko Dangote confirms Kenya’s Lamu as the site for a planned 700,000-bpd refinery, aiming to cut regional dependence on imported refined fuel. Aviation Connectivity: Etihad expands its African network via a Fastjet Zimbabwe codeshare/interline deal, with sales from 24 August 2026. Insurance Trend: South Africa’s corporates are increasingly embedding insurance into core offerings through partnerships and digital onboarding to boost customer stickiness and fee income.
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