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AGP Executive Report

Last update: 6 hours ago

Energy & Power: Nersa has approved generation licences for four solar PV projects (890MW contracted, ~1.05GW installed) in Mpumalanga and the Free State, while it also granted Limpopo’s Lepelle-Nkumpi municipality electricity trading and distribution facility operation licences for greenfield electrification areas. Logistics & Infrastructure Finance: Newlyn Group secured a R5bn integrated financing solution with Absa CIB to fund its national ports logistics development pipeline across key corridors. Transport Electrification: Cape Town’s MyCiTi received its first prototype electric bus for route testing, with 38 battery-electric buses planned for rollout in 2027. Security & Mining: Police, soldiers and private security arrested 217 people in a major illegal mining raid west of Johannesburg, seizing guns and ammunition and detaining more than 100 undocumented migrants. Construction Industry Crackdown: Public Works says construction-site disruption linked to the “construction mafia” has dropped sharply in KZN since the Durban Declaration, with more cases, arrests and convictions reported. Retail & Capital Markets: Hyprop Investments raised about R739m in an oversubscribed bookbuild to fund expansion, including solar and battery storage projects. Insurance & Healthcare: Old Mutual paid R14.6bn in claims in 2025 as it nears a R100bn milestone, and a Constitutional Court ruling is set to increase the burden on medical schemes in non-disclosure cases. Business & Tech: South Africa’s AI data centre boom is gathering pace as global players invest, but experts flag power and regulatory certainty risks.

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.

AGP Wire

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8 hours ago

Cloud Camper pitches winter-ready rooftop tents for South African road trips

AGP

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11 hours ago

Chery opens Rosslyn plant in South Africa with OMODA and JAECOO rollout

AGP

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4 hours ago

Rum market seen reaching $31.29 billion by 2033

AGP

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5 hours ago

Thelma Liverpool advances eldercare devices through Thanni Holding

AGP


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South Africa great explains 'respect' for Scotland and difference in Springboks camp after changes

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If the Durban Port stopped operating for one day, how much would it cost South Africa?

If the Durban Port stopped operating for one day, how much would it cost South Africa?


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8 hours ago

Cloud Camper Brings Winter-Ready Rooftop Tents to South African Travellers

EIN Presswire

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11 hours ago

OMODA & JAECOO Boosts Chery Auto's Rosslyn Plant Officially Opens in South Africa

EIN Presswire

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14 hours ago

OMODA & JAECOO Boosts Chery Auto's Rosslyn Plant Officially Opens in South Africa

GlobeNewswire, Inc.

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South Africa hosts SADC Industrialisation Week, 27 to 31 Jul

South African Government

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Deputy Minister Mkhuleko Hlengwa leads South African delegation to the 137th IMO Council session

South African Government

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Jul. 7, 2026

Chery Auto's Rosslyn Plant Opens in South Africa, LEPAS Rides Momentum to Accelerate Local Expansion

GlobeNewswire, Inc.

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