AGP Executive Report
Last update: 4 hours 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 and cut cross-border transaction costs. South Africa Derivatives Reform: SA regulators plan mandatory central clearing for over-the-counter derivatives, starting with rand interest-rate swaps and forwards, with final rules targeted for 2028. Higher Education Funding: South Africa’s NSFAS faces an estimated R15bn shortfall as demand for free higher education outpaces government funding, threatening support for hundreds of thousands of students. Border Control Pressure: South Africa intercepted 4,229 undocumented foreign nationals at land and air entry points between April and July, while repatriations hit 89,936 by early August. Crypto Tax Risk (Nigeria): Nigeria’s new crypto tax rules (including a 1.5% stamp duty on virtual asset transfers) could push users to foreign unregulated platforms, industry groups warn. Emerging Markets Flows: Reuters reports investors are still pouring money into emerging-market debt as reforms, stronger reserves and diversification cushion shocks. Energy & Courts: South Africa’s top court permanently blocks Shell’s Wild Coast offshore exploration, dealing another blow to the project. Education & Infrastructure (Liberia): A call for urgent repairs at the University of Liberia highlights delays in releasing renovation funds and the need for routine maintenance.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result. Feedback is welcome. Please let us know if you have any comments or suggestions about the AGP Executive Report.
Perspectify News
