AGP Executive Report
Last update: 8 hours agoManufacturing & Jobs: A new push argues South Africa’s youth unemployment can be tackled by expanding tooling (TDM) pathways into real workplace skills, not just degrees. AI for Industry: A report says AI could add up to $1tn to Africa’s GDP by 2035, with manufacturing gains from predictive maintenance, quality control and smarter planning. Energy & Investment: Investec CEO Fani Titi says structural reforms could lift SA growth to about 3% by 2030 as electricity, logistics and other bottlenecks ease. Municipal Infrastructure: BRICS-backed New Development Bank approved a $1bn loan for upgrades to water, sanitation, electricity and waste in eight metros. Trade & Agriculture: South Africa launched its first large-scale stone fruit exports to China, signalling a new phase for fruit growers. Mining & Industry Skills: Steenkampskraal and Mintek report a rare earth beneficiation breakthrough aimed at building local value chains. Policy & Tax: SARS welcomed a Constitutional Court ruling clarifying VAT zero-rating for gold, ending aggressive interpretations. Insurance & Risk: Coverage gaps and climate-linked spatial risk are stressing short-term insurers, while youth-focused insurance education is urged.
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