Latest News & Developments
As tensions escalate between the South African government and the Trump administration, our country’s vital exports may never reach US soil, says Jennifer Reddy
South Africa must urgently pursue a new trade deal with the US to safeguard its economic interests amid rising tariffs and strained diplomatic ties, a senior business leader said, as the Trump administration’s “Liberation Day” policy threatens to unravel decades of duty-free access under the African Growth and Opportunity Act.
April brings critical economic challenges for South Africa in 2025, highlighted by a pivotal Budget vote and looming tariffs from the US. As the nation grapples with financial strain and political discord, the stakes have never been higher.
President Trump's dramatic shift in US-Russia relations is sending shockwaves through Europe and beyond. By suspending military aid to Ukraine and seeking rapprochement with Moscow, Trump may be inadvertently accelerating the emergence of a multipolar world order, forcing European powers to reconsider their strategic alliances and security frameworks. This analysis explores the far-reaching implications of this geopolitical realignment.
South Africa's cannabis industry has the potential to generate substantial revenue and jobs, but faces regulatory uncertainty. Despite a 2018 court ruling legalising private use and cultivation, recent policy changes highlight the challenges of balancing economic opportunity with public health concerns. South Africa's experience offers valuable lessons for other countries considering cannabis legalisation.
Floyd Shivambu, secretary general of the Umkhonto weSizwe Party, challenges South Africa’s reliance on the West and advocates for bolstering ties with the Global South, including countries like Russia, China, India, Brazil, and the United Arab Emirates.