South Africa's rand was softer on Wednesday as weak U.S. economic data and uncertainty about U.S. President Donald Trump's tariff implementation helped the dollar to edge up from recent lows. At 1506 GMT,
Some analysts believe that President Donald Trump was right to cut aid to Africa and that increased trade with the continent will fill "the plates of hungry kids at the end of the day."
US President Donald Trump’s threats of punitive action against South Africa for signing a contentious land reform bill into law unleashed a diplomatic storm, with both sides squaring off over trade and financial aid.
Some white South Africans showed support for President Donald Trump on Saturday and gathered at the US Embassy in Pretoria to claim they are victims of racism by their own government.
South Africa's rand was stable on Tuesday amid market caution about U.S. President Donald Trump's tariff plans and geopolitical stance.
South Africa has more people living with HIV than any other country, and US President Donald Trump’s aid freeze has hit patients hard – as well as researchers, who were close to a breakthrough in
Another area identified by Mr Trump is property rights. In a move that America’s president seems to have conflated with actual land seizures, on January 23rd Cyril Ramaphosa, his South African counterpart, signed the Expropriation Act, which gives the state new powers to expropriate property in the “public interest”.
South Africa’s credit rating ‘mistake’: Standard Bank Group chief executive officer Sim Tshabalala has criticised international credit rating agencies, claiming that South Africa’s credit rating is arguably four notches lower than it should be due to biases against the continent. [ News24]
The duty-free access to the US provided by AGOA has benefited a number of sectors, particularly South Africa’s automobile industry. Motor vehicles make up around a fifth of South Africa’s exports to the US and are worth an estimated $1.9 billion, putting them only behind precious metals.