AGP Executive Report
Last update: 6 hours agoCurrent Account Boost: South Africa posted its biggest current-account surplus in more than four years in Q1, widening to 2.4% of GDP (R190.7bn) as gold exports rose and imports fell, a move that could support the rand. Cape Town on the Global Map: Cape Town was added as the first African race to the World Marathon Majors, with organisers forecasting major tourism spend ahead of the next race in May 2027. Education Overhaul: The government is phasing out 1,475 legacy post-school qualifications as it shifts toward occupational-based learning, stressing that completed qualifications remain valid. World Cup Kick-off: Mexico host South Africa in the 2026 opener at Estadio Azteca, with coach Hugo Broos warning the match is a tough test and Tyla set to sing the anthem. Xenophobia Fallout: Nigeria began evacuating citizens from South Africa amid rising anti-migrant tensions, with the first batch of 268 arriving in Lagos as more flights are expected. Energy Security: Mineral Resources Minister Gwede Mantashe says South Africa plans strategic fuel stocks equivalent to 60 days of net imports to reduce vulnerability to global shocks. Crime Shock: Police launched a manhunt after gunmen killed 12 and injured nine in a Johannesburg informal settlement attack.
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