AGP Executive Report
Last update: 2 hours agoBanking Watch: Mozambique’s central bank kept the benchmark MIMO rate at 9.25% as inflation eased to 3.99% in April, but warned risks are still building from fiscal strain, climate shocks and regional instability. Corporate Signals: Zeda’s first-half results got a lift from leasing growth (+7.5%) and stronger car sales (+12.9%), even as car rental weakness and lower utilisation dragged. Energy & Markets: Sasol’s share rally is drawing more scepticism as analysts flag carbon liabilities and uncertainty around long-term gas feedstock supply. Policy Shift Across Africa: Central banks across the region largely paused rate cuts again, with the Iran-linked oil shock reviving inflation fears. Mozambique Digital Push: Mozambique opened public consultation on a draft National AI Strategy, aiming for safer AI rollouts and a data-centre hub. Regional Trade Friction: Malawi’s AfCFTA gains are threatened by poor connectivity, costly port access and border delays. Tourism Deal: Zimbabwe’s Victoria Falls hotel Kingdom Hotel takeover cleared competition approval, clearing the way for a dormant asset to reopen.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.