FILE| Vehicle manufacturing plant in the US. The South African Chamber of Commerce in the United States of America (Saccusa) says the one-year extension of the Africa Growth and Opportunity Act (AGOA) will help to restore business confidence. Trade, Industry and Competition Minister Parks Tau has confirmed that South Africa remains a beneficiary of AGOA,…
Kenyan workers check clothes made for export. The United States chapter of the South African Chamber of Commerce has welcomed the extension of the African Growth and Opportunity Act (AGOA) until the end of the year. For now, it still includes South Africa as a beneficiary. US Trade Representative, Jamieson Greer, also issued a statement…
Citrus being packed for export AgriSA has welcomed the US Senate’s approval of a one-year extension of the African Growth and Opportunity Act (AGOA). Trade, Industry and Competition Minister Parks Tau has confirmed that South Africa remains a beneficiary of AGOA. The programme provides duty-free access to the US market for its automotive, agricultural, and…
President Cyril Ramaphosa addressing delegates at the signing ceremony in Johannesburg. South Africa has officially signed a partnership agreement with the African Export-Import Bank, commonly known as Afreximbank. The trade finance bank is a multilateral financial institution that was established in 1993 to help drive intra and extra African trade. The bank has announced a…
The logo of Isuzu is seen during the International Motor Show. Isuzu Motors South Africa says expanding into the African market is what kept the company stable, despite economic challenges faced by the automotive sector. This was revealed during the State of the Company address in Gqeberha in the Eastern Cape. The automotive sector is currently…
Minister of Trade, Industry and Competition Parks Tau speaks at the Afreximbank signing ceremony at the Westcliff Hotel in Johannesburg on 04 February 2026. Minister of Trade, Industry and Competition Parks Tau has confirmed that South Africa remains eligible for the Africa Growth Opportunity Act (AGOA). This as United States President Donald Trump signs the trade…
[File] Flags of countries represented at the AGOA Summit. US authorities have re-authorised the African Growth and Opportunity Act (AGOA) until the end of this year. The programme has now passed both the House of Representatives and the Senate. In a vote on Friday, the Senate whittled down to 12 months a three-year extension that the House had…
Minister Gwede Mantashe appears at the second leg of the SA Human Rights Commission’s National Inquiry into artisanal mining and its human rights impact. Minerals and Petroleum Resources Minister Gwede Mantashe has emphasised that there is a clear distinction between illegal mining and artisanal mining. He says the difference has been misinterpreted by the Human…
A view of the city skyline and River Nile from Cairo tower building in the capital of Cairo, Egypt December 5, 2019. S&P Global Ratings has cautioned that African governments face rising debt risks as hard-currency repayment schedules in 2026 increase pressure on external buffers, contributing to rollover risks. The agency’s latest African sovereign outlook…
FILE: SARS head Edward Kieswetter (L) and Finance Minister Enoch Godongwana The South African Revenue Service (SARS) is owed R523 billion undisputed debt from taxpayers as of December 2025. SARS has collected R71 billion since April 2025, but data indicates that the revenue service may not succeed in collecting their target goal of R135 billion…
