AGP Executive Report
Last update: an hour agoBRICS & Payments: Iran’s central bank chief says Tehran will soon join the BRICS New Development Bank, with BRICS officials also discussing payment-system links and digital currencies to speed up cross-border transfers. Capital Markets & Compliance: Nigeria’s SEC orders capital market operators to freeze assets tied to designated terrorism financiers, while also admitting “Blockchain” into its Accelerated Regulatory Incubation Programme. Banking Performance: Standard Bank reports strong South Africa-led profit growth, with reforms boosting lending and earnings. Regulation & Payments: South Africa’s Reserve Bank moves to end Pasa’s self-regulation role in the payment system management model. Energy & Courts: South Africa’s Constitutional Court permanently halts Shell’s Wild Coast exploration over flawed public participation. Housing Finance: Kenya’s affordable housing push faces financing and tax-policy uncertainty, with private-sector calls for more predictable rules. Diaspora Investing: Nigeria’s president urges diaspora Nigerians to invest in productive sectors, not just property, using governed investment clubs and sector funds.
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