AGOA hope for South Africa
The US House of Representatives has supported a renewal of AGOA, but South Africa may not be on the list.
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The US House of Representatives has supported a renewal of AGOA, but South Africa may not be on the list.
The ‘latest business and finance news’ interviews that attracted our listeners’ ears most in the past year.
‘The reality is that on our side we have been, in my view, a lot less proactive than we should have been and could have been’ says Dr Iraj Abedian, economist and founder of Pan-African Investment Services.
‘Even with all of the uncertainties, I think South Africa has come out much better than we thought it would at the beginning of the year, and sentiment about South Africa has changed’ – Reserve Bank Governor Lesetja Kganyago.
Firms that can’t rely on scale must lead with strategy – because one poorly structured contract or mistimed shipment can mean the difference between growth and insolvency.
Any extension is expected to be short-term and cover all eligible members.
Unions demand the renewal of Agoa and lower tariffs on exports to the US.
Neil Diamond, president van die Suid-Afrikaanse Sakekamer in die VSA (SACCUSA), bespreek die jongste verwikkelinge in handel tussen Suid-Afrika en die VSA, te midde van die nuwe tariewe en die moontlikheid dat Agoa binnekort tot ’n einde kan kom.
The United States is not likely to extend Agoa, placing further strain on South Africa’s relationship with the world’s largest economy.