AGP Executive Report
Last update: an hour agoAgriculture: President Cyril Ramaphosa says 2.5 million hectares of state land will be transferred to black farmers with title deeds. He says access to affordable finance, training and technology will be critical to turning land into commercial farms. Banking: Johannesburg-based Standard Bank plans to invest up to $200 million in Nigerian fintech OPay as it prepares for a New York IPO, with the deal subject to regulatory approval. Retail: Boxer reported profits and plans to open 60 new stores as it continues expanding under a new CEO. Energy: Eskom has launched a tender for 6GW of renewable power paired with storage, adding to South Africa’s push to expand generation capacity. Sugar: Tongaat Hulett is set to leave the JSE after 74 years, closing a long chapter for the embattled producer.
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.