AGP Executive Report
Last update: 5 hours agoUnemployment Pressure Mounts: South Africa’s latest labour figures are being called “apocalyptic” for young job-seekers, with unemployment peaking at 16.8 million and youth unemployment rising by 181,000 to 4.7 million, while employed youth fell by 258,000 to 5.6 million. Court Update: In Eswatini, the trial of a Ministry of Home Affairs employee accused in the “Cat” Matlala identity-document case was postponed after the defence received a substantially amended charge sheet; the matter is now set for July 6. Business Costs Bite: Businesses say inflation and Middle East-linked fuel shocks are squeezing margins and threatening price rises, even as inflation sits around 2%. Energy Security Move: King Mswati III says Eswatini is building a Strategic Oil Reserve for about two months and is inviting SOCAR and other investors to supply—and potentially refine—fuel. Industry Push: Eswatini has commissioned a E750m metal foundry at Sidvokodvo, targeting 500+ jobs and scrap-to-export value addition. Storm Recovery: Government has set aside E20m for storm response and rehabilitation after January’s damage.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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