AGP Executive Report
Last update: 8 hours agoFuel-hit inflation & cost-of-living squeeze: South Africa’s April inflation jumped to 4% (from 3.1%), with fuel prices driving the rise and markets now bracing for a possible rate hike. Western Cape hunger spike: One in five households in the province faces food insecurity, as fuel shocks feed into transport and food prices. Water system strain: Rand Water and Eskom maintenance is set to run for months in Gauteng, while the SA Human Rights Commission investigates recurring shortages and service failures. Eskom pressure on municipalities: Eskom’s arrears fight with Joburg is escalating, with warnings of supply cuts tied to billions owed. SANDF under fire: The EFF rejects the defence budget, alleging capability collapse and maintenance backlogs, while the government points to arrests from Operation Prosper. Scam alert: “Quishing” fraud is spreading via fake QR codes—SARS and banks warn they never send QR links by SMS/email. City finances: Johannesburg plans to sell vacant land worth about R3.2bn to stabilise its books. Health tech & jobs: MyMoolah launches a unified digital wallet for cash-and-digital users, and Eskom explores World Bank funding for nuclear capacity.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.