AGP Executive Report
Last update: 12 hours agoLabour & Migration Pressure: South Africa’s xenophobia flare-up is spilling into workplaces and local economies, with Nigeria halting repatriation of citizens from South Africa and anti-illegal immigration protests in Jeffreys Bay turning violent—69 arrests and about R200,000 in losses for one spaza shop owner. Retirement Funds Under Strain: Municipalities are leaving workers facing bleak retirements after withholding over R1.7bn in pension deductions, while an editorial warns employers can’t keep “stealing” from retirement fund members. Skills for Jobs: Nigeria’s NCDMB and Renaissance Africa are training 300 young Nigerians for oil and gas field readiness, combining classroom learning with nine months on-the-job placements. SME Market Access: Nedbank’s Fashion Accelerator aims to turn 20 SMEs into commercially-ready suppliers, linking circular fashion with formal retail, procurement and export pathways. Banking & Regulation Watch: Nigeria’s Heritage Bank liquidation remains a flashpoint over whether regulatory oversight worked as intended, while Ghana’s Zeepay faces a licence wind-down after Bank of Ghana revoked its e-money authorisation. Governance & Accountability: South Africa’s intelligence leadership is under scrutiny after an explosive affidavit alleges interference in oversight, raising fresh questions about how power is checked.
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