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    Omanyano ovanhu koikundaneki yomalungula kashili paveta, Commisiner Sakaria takunghilile Veronika Haulenga

trade benefits

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Business / Economics

Solidarity Warns SA Could Lose AGOA Trade Benefits

Trade union Solidarity says South Africa risks losing its African Growth and Opportunities Act trade benefits with the United States due to poor diplomatic relations. The union blames the government’s ties with China, Russia, and Iran, along with policies like the Expropriation Act, for straining US relations. Solidarity’s Jaco Kleynhans vows to continue lobbying for AGOA’s renewal this year to safeguard over 500-thousand jobs:  

todayFebruary 5, 2025 52

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Africa

AGOA-AfCFTA to offer a trade highway to the US until 2041

      By Seth Onyango, bird story agency   Forty African nations could have duty-free access to U.S. markets until 2041, as Congress considers a bipartisan bill extending the African Growth and Opportunity Act (AGOA). Senators Chris Coons (D-Delaware) and James Risch (R-Idaho) tabled a revised AGOA Renewal and Improvement Act of 2024 in Congress, which now explicitly integrates it with the African Continental Free Trade Agreement (AfCFTA). This alignment […]

todayApril 15, 2024 50