AGP Executive Report
Last update: 8 hours agoCorporate Earnings: Zeda’s first-half results got a lift from leasing growth (+7.5%) and a 12.9% jump in car sales volumes, pushing revenue to R5.5bn (+3.2%) and profit before tax to R520m (+5.5%), though car rental dragged with a 2.7% decline as rental durations shortened and utilisation fell to 71% from 75%. Retail Expansion: Pick n Pay says it’s moving from store resets into selective growth, targeting seven new store openings after a turnaround focused on profitable formats and fresh categories. Health Supply Crunch: HIV prevention demand is outpacing supply in parts of Africa, with a twice-yearly injection rollout reaching only a fraction of estimated need, leaving vulnerable communities waiting for more stock. Tech Policy: Mozambique has opened a draft National AI Strategy for public comment (May 4–June 4), including plans for AI regulatory sandboxes and a push to become a regional data-centre hub. Regional Integration: SADC foreign ministers reaffirmed plans to strengthen integration and present a unified global voice amid climate, conflict and trade disruptions. Lesotho Context: Lesotho-linked coverage this week also spans culture and entrepreneurship, plus ongoing pressure points like land use and health programme branding.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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