AGP Executive Report
Last update: 5 hours agoHIV Funding Shock: UNAids chief Winnie Byanyima warned the US move to withdraw all HIV/AIDS funding from South Africa could reverse progress and cost lives, urging a “planned transition” as South Africa has over 8m people living with HIV. Sanctions & Telecom: MTN said it would welcome any US-Iran easing that could unlock sanctions relief and potentially let it exit its trapped 49% stake in Irancell. Banking & Payments: BancABC signed a five-year Visa partnership to expand digital payments and boost financial inclusion in Zimbabwe. AML/CFT Compliance: South Africa’s Compliance Institute Southern Africa (CISA) launched an anti-money-laundering practice guide to strengthen controls and meet FATF standards after Algeria and Namibia exited the FATF grey list. Corporate Deal Risk: Kenya’s EABL asked the Chief Justice to intervene over conflicting court orders blocking Diageo’s Sh300bn stake sale to Asahi, warning of investor-confidence damage. Energy & Costs: CIPS flagged rising electricity tariff pressure and evolving energy uncertainty for South African supply chains. Central Banking: SARB said cash use still costs about R90bn a year and proposed rules to keep cash affordable and accessible. Oil & Environment: World Bank data put Nigeria among nine countries driving 83% of global gas flaring, with volumes up 8% in 2025. Investing App: Nigeria’s Chaka launched Hisa, a new retail investing app with automated investing and a flat 1% commission per trade.
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.
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