AGP Executive Report
Last update: 11 hours agoUtility Refund: The Philippines’ ERC ordered Meralco to refund ₱9.5B (about ₱0.3449 per kWh) for over-recovery from Jan–Dec 2025, starting as a separate line item on the next bills after the ruling is received. Fuel Price Pressure: In Ghana, Star Oil raised petrol to GH¢14.53 and diesel to GH¢18.77, while UK Chancellor John Healey said regulators will watch closely for petrol pump and supermarket price gouging amid Iran-driven cost shocks. Fuel Choice Fight: India’s Arvind Kejriwal demanded consumers be offered a choice between regular petrol and E20 and announced an Aug. 4 march to press the point. Mobile Money Relief: Kenya’s Safaricom cut M-Pesa business transfer fees by up to ~50% from Aug. 7, aiming to lower costs for small traders. Food Safety Recall: Nearly 23,000 pounds of Ukrop’s baked spaghetti and chicken cobbler were recalled over possible metal slivers. Consumer Tech & Rights: India’s Supreme Court ruled elevators’ manufacturers, maintenance firms, and building owners can be jointly liable for lift accidents. Brand/Media Watch: Universal Music UMG shares plunged after results, despite continued growth in subscriptions and physical music.
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.
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