RC 261103Kaya 959Gugulethu Mfuphi
Tuesday, 3 November 2026
Kaya Biz centred on the US decision to drop South Africa from AGOA from January 2027, with the DTIC and analysts weighing the trade fallout against election-week market jitters.
- 18:29
The US will remove South Africa and Rwanda from AGOA from 1 January 2027. A White House letter cited new issues, including corruption and market access barriers, that were never raised in trade negotiations.
- 18:38
DTIC spokesperson Camille Ali says South Africa is not losing the US market outright. Exports will fall back to WTO most-favoured-nation terms, on top of the current 12.5% effective tariff.
- 18:36
The DTIC says it will respond company by company, with worker support and market diversification, building on trade missions to China, India and the Gulf states and new trade agreements.
- 18:04
The ANC has rejected what it calls the weaponisation of AGOA, saying South Africa will not allow economic pressure to dictate its foreign policy.
- 19:20
Municipal debt owed to Eskom threatens the utility's sustainability. A distribution agreement lets Eskom collect first from municipalities and pass on the remainder, one of the solutions on the table.