AGP Executive Report
Last update: 6 hours agoZee Entertainment rebound: Zee shares jumped about 7% after India’s Securities Appellate Tribunal put a hold on SEBI’s two-month market ban, allowing the company to proceed with its ₹3,143 crore fundraising plan—subject to penalties being deposited. Mauritius as a finance bridge: The fundraising involves Sunbright Mauritius Investments, keeping Mauritius in the spotlight for cross-border corporate structuring. Crypto regulation pressure: Kenyan crypto startups are weighing moves to Mauritius or South Africa after new minimum capital rules make compliance costly for early-stage firms. Cybersecurity and AI: INTERPOL says AI is involved in 55% of African cybercrime cases, while only a small share of analysts have advanced skills—raising the stakes for financial institutions and regulators. Banking performance: Standard Bank reported record interim results, with Africa Regions contributing N$10.4bn to headline earnings, and highlighted heavy GenAI adoption across staff and client interactions. Trade and regional ties: A Mauritius–Madagascar business forum opened in Antananarivo, bringing together 50+ firms across sectors from finance to ICT and AI. Maritime security: India’s Navy chief met Mauritius’s PM to strengthen maritime security cooperation, training exchanges and information sharing. SADC outlook: SADC’s assessment says the bloc is improving on stability and integration but still falls short on jobs, security and growth.
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