News and events
South Africa is lobbying the leaders of the US Senate and House of Representatives to extend the
African Growth and Opportunity Act (Agoa). Agoa gives qualifying countries like South Africa
duty-free market access to the US.
South Africa is tackling threats to its large citrus export market, aiming to keep the country’s
R6-billion citrus industry export competitive.
In his 2014 Medium Term Budget, Finance Minister Nhlanhla Nene has announced across-the-
board budget cuts, job freezes and tax increases to try and curtail run-away government
spending and revive sluggish economic growth.
Some 108 children got their chance to speak truth to power as members of the Nelson
Mandela Children’s Parliament this week, calling for stricter policing of child right’s
Tackling youth unemployment is top of the agenda for the South African government as
it tries to eradicate the triple challenges of unemployment, poverty and inequality, said
Minister of Finance Nhlanhla Nene at an IMF discussion session
Africa’s current economic growth is providing impetus for South African financial
services provider FirstRand to invest in real property across the continent.
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