South African economy

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AGOA exclusion could hurt South Africa, but weak economy poses bigger concern – economist

Economist, Dawie Roodt, says South Africa's possible exclusion from the African Growth and Opportunity Act (AGOA) could shave between 0.1 and 0.2 percentage points off economic growth. However, he believes the bigger concern is the country's already struggling economy. The United States is expected to announce the outcome of its review of South Africa's eligibility for AGOA benefits on 2 November. The decision will determine whether local exporters continue to […]

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