Browsing: AGOA

South Africa is facing the loss of preferential trade benefits under the African Growth and Opportunity Act (AGOA) from 1 January 2027, following a decision by the United States under President Donald Trump. The announcement has raised concerns about the future of South African exports, particularly in agriculture and automotive manufacturing, where businesses rely on access to international markets. With thousands of jobs potentially exposed to higher trade costs, the dispute has important implications for businesses, workers and the wider economy.