AGOA gets a lifeline as South Africa’s trade future still hangs in the balance

AGOA gets a lifeline as South Africa’s trade future still hangs in the balance

South Africa’s trade relationship with the United States has been given a temporary lifeline, but economists warn that the bigger battle may only be beginning. Economist, Dawie Roodt, has urged the South African government to tread carefully on the international stage and maintain good relations with as many countries as possible. His comments come after US President Donald Trump signed legislation extending the African Growth and Opportunity Act (AGOA) for […]

September 4, 2026 39

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Interest rates hold steady as Middle East tensions cloud outlook

Economist, Dawie Roodt, says the decision to keep interest rates unchanged comes as no surprise, but warns that escalating tensions in the Middle East are creating uncertainty about the economic outlook. His remarks come after the South African Reserve Bank's (SARB) decision to hold the repo rate at 6.75%, with the prime lending rate remaining at 10.25%. Roodt however cautioned that the ongoing conflict is already driving up global oil […]

March 26, 2026 136

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SA assures stable fuel supply amid Middle East tensions

Government has reassured South Africans that the country’s fuel supply remains stable, despite the escalating conflict in the Middle East. The Department of Mineral and Petroleum Resources says fuel shipments for March and early April were secured in advance and are already being delivered. However, global oil prices have risen above 100 dollars per barrel and are expected to place upward pressure on domestic fuel costs. "As a net […]

March 19, 2026 77