AGP Executive Report
Last update: an hour agoInsolvency & Jobs: South Africa’s business insolvencies jumped 134% month-on-month in July to nearly 900, while unemployment climbed to 33.6% in Q2, with 16,000 formal jobs lost between April and June—deepening a structural squeeze on consumers and stability. Construction Safety: Public Works Minister Dean Macpherson says deadly building collapses exposed systemic failures, including unlawful construction, weak municipal oversight and poor professional accountability, after 17 deaths and 24 injuries across four incidents. Education Tech: South Africa is rolling out a humanoid AI tutor in five schools, built for all 11 official languages to support learning, assessments and teacher-centred classroom use. Energy Policy: Electricity Minister Kgosientsho Ramokgopa unveiled a revised pricing policy aimed at cost-reflective tariffs and greater transparency on Eskom and municipal costs. Pharma Pressure: Government and industry agreed to review private-sector medicine price regulations after manufacturers warned of closures and 2,500 job losses. Regional Trade Push: SADC leaders renewed calls to process raw minerals and agricultural goods locally, warning slow integration is costing jobs and investment. Manufacturing: Volkswagen’s Kariega plant set a new July production record, building 17,009 vehicles.
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