AGP Executive Report
Last update: 2 hours agoDigital Fraud Watch: South Africa’s digital banking fraud hit R2.4bn in 2025, with more than 100,000 reported incidents; Sabric says most losses come from social engineering on mobile apps, urging people to pause when urgency or fear is used. Energy Skills Pipeline: SANPC and CHIETA are setting up a three-year artisan development programme at Saldanha to train and certify local workers for petroleum-industry roles. Steel Supply Relief: SAISC is pushing case-by-case structural steel tariff waiver adjudications to ease shortages, citing gaps in locally rolled profiles, lead times, and compliance/traceability requirements. Renewables Build-Out: TotalEnergies commissioned its Hydra hybrid project in the Northern Cape (216MW solar + 500MWh storage), while RenEnergy’s Free State off-grid farm solar-plus-storage is 67% complete. City Power Crisis: Johannesburg’s City Power disconnected electricity to the Children’s Memorial Institute campus, forcing emergency generators and threatening hospital laundry and infection control. Climate Risk for the Region: Eswatini braces for a potentially historic El Niño season (Oct 2026–Mar 2027), with a 90% chance of El Niño conditions. Genomics Manufacturing: Watchmaker Genomics expanded in Boulder, leasing 100,000 sq ft to more than double manufacturing capacity for DNA/RNA testing reagents. Mobile Money Next Step: MTN’s fintech summit in Johannesburg focused on what comes after access—helping users save and invest, not just transact. Uber Retreat: Uber exited Nigeria after 12 years and also left Uganda, citing a shift in Africa investment focus.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.