AGP Executive Report
Last update: 9 hours agoCrypto Probe in Business Rescue: Libertas GH is under business rescue as investors and forensic investigators question where up to R1.2bn in crypto-linked funds went, after a former business rescue practitioner resigned citing lack of evidence of available funding; the company denies wrongdoing and says it has underlying assets and a viable rescue path. Cross-Border Payments: India and Nepal launched a UPI–NPI peer-to-peer remittance link on June 6, enabling instant, real-time transfers via mobile apps and digital wallets, cutting cash and foreign exchange friction for travellers and merchants. Mauritius–US Chagos Claim Denied: Mauritius’ FM Dhananjay Ramful rejected reports that the US plans to buy the Chagos Archipelago as “fake news,” saying he has seen no such intention and that no official proposal was received. Air Connectivity Boost: Airlink will start twice-weekly direct flights between Cape Town and Mauritius from 2 October 2026, using the Embraer E195-E2 to reduce travel time versus Johannesburg connections. Court Ruling on Brand Protection: A Supreme Court of Mauritius judgment in Badinage Merven v SMS Badinaz reaffirmed protection for well-known marks, with the dispute centred on brand use in horse-racing-related gambling. AI Rollout Across Africa: Google expanded “Ask Gemini in Chrome” to Kenya, Nigeria and South Africa, bringing built-in AI search and understanding to more African users. Policy Push for Women Farmers: Southern Africa’s Rural Women’s Assembly called for women smallholder farmers to be central to food and climate policy, highlighting their role in resilient food systems. EU–ESA Trade Deal: The EU and ESA states (including Mauritius) concluded negotiations on an enhanced Economic Partnership Agreement, aiming for clearer rules and more services and digitalisation opportunities.
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.