AGP Executive Report
Last update: 12 hours agoPrivate Banking Push: Investec says it will double its private-client base in South Africa and the UK, betting wealthy customers are “counter-cyclical” even as conditions tighten. Corporate Social Funding: MOL has set up the “MOL BLUE Ocean Fund,” a grant programme under its Mauritius-linked social contribution work, targeting marine environment, next-generation skills and local community challenges. Paytm Exit Signals: Paytm’s parent One 97 Communications slid after a large block sale—about 8.6 million shares—linked to Elevation Capital and SAIF entities, as the fintech posts its first full-year profitability. Fintech Expansion: India’s UPI is set to go live in Cyprus next year after an MoU with Eurobank Cyprus, extending real-time payments into Europe. Mauritius Angle in Trade: Namibia’s livestock board reports Mauritius as the second destination for Namibian live cattle/weaners, taking 32.86% of exports after South Africa. Legal Crossroads: ICANN has entered Mauritius court proceedings tied to AFRINIC’s winding-up, raising the stakes beyond a local corporate dispute. Tourism Rule Tightening: Thailand cut visa-free stays for 54 countries from 60 to 30 days, citing overstays and security concerns.
Note: AI summary from news headlines; neutral sources weighted more to help reduce bias in the result.
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