AGP Executive Report
Last update: 10 hours agoCape Flats Crime Crackdown: Operation Prosper is shifting into a more targeted phase, with police saying gang leaders, extortion syndicates and crime financiers are now the focus after early reductions in gang violence in parts of the Cape Flats. Municipal Finance Watch: Johannesburg tabled a R97.1bn budget for 2026/27, with electricity, water and property rates as key revenue drivers, while warning of structural landfill risks. Durban Immigration Crackdown: In Durban, foreign-owned businesses report being forced to close during targeted police raids amid anti-migrant protests and a looming June 30 deadline. Interest Rates Pressure: Economists expect the SARB to lift rates as inflation edges higher, squeezing households already hit by debt and rising food, fuel and electricity costs. Local Elections Kick-off: The IEC launched the 2026 Local Government Elections campaign ahead of 4 November, pushing “Get Up, Show Up, Vote.” Education Reform Push: Basic Education is launching the South Africa Education Accelerator with the World Economic Forum, aiming to strengthen literacy, numeracy and digital skills. Housing Delivery Reality Check: Human Settlements Minister Thembi Simelane says progress is being made but housing delivery is behind targets, with tougher action promised against underperforming contractors. Cape Town Innovation: UCT’s medical device research team secured a SAHPRA manufacturing licence, paving the way for locally designed devices to reach public hospitals. Markets & Governance: The JSE proposed listings rule changes to simplify compliance and improve corporate governance, inviting public comment.
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