Latest News & Developments
US President Trump's sweeping tariffs on South African fresh produce have ignited fierce criticism and raised concerns about global food security, supply chain stability, and the future of international trade
As President Trump's tariffs loom large, South Africa faces a daunting challenge with a 30% tariff on its goods entering the US, putting its economy at risk. What are the implications for key sectors and the future of trade relations?
South Africa's agricultural exports have grown remarkably from R22. 4 billion in 2004 to R251 billion in 2024. However, recent trade disputes highlight the risks of market concentration. This analysis examines how South Africa is shifting from European dominance to broader market diversification across Africa, Asia, and the Middle East, and why this strategy is critical for future trade resilience.
The Absa PMI remained in contractionary territory for a fifth consecutive month, although it improved slightly to 48. 7 in March. Manufacturers expect deteriorating conditions in the next six months due to load shedding and strained SA-US relations, despite some recovery in export markets.
Iran’s strategic location makes it a vital hub for global trade corridors, connecting East and West through land, air, and maritime routes. Despite sanctions, its recent BRICS+ membership offers a pathway to economic resilience, enabling infrastructure development, de-dollarised trade, and stronger regional partnerships.
andMali, Niger, and Burkina Faso's withdrawal from ECOWAS marks a significant shift in West African politics and trade relations.