Wandile Sihlobo: SA - and the world - in last-minute tariff race with the US
The future of many South African farmers hangs in the balance today with 30% export tariffs to the US set to take effect tomorrow. Wandile Sihlobo, the Chief Economist of the Agricultural Business Chamber of South Africa (Agbiz) - who has been involved in some of the trade deal preparations - says: “I would say that the South African authorities have done a fair share of their work on improving the offering that they had made at the end of June in Angola. The key thing then is whether there will be sufficient time to provide enough thinking as to what is being put on the table, given that every country in the world literally is racing to have a conversation with the US authorities.” Meanwhile, Sihlobo urges a change in approach in how South Africa engages with the world.” I think…we must embrace free trade agreements.” He also gives an update on the Foot-and-Mouth disease outbreak that has taken South African cattle farmers out of the export market for a particular period. However, he celebrates the excellent grain harvest up North where it’s up double digit from last year. “We are looking at over 18 million tons of grain”. He also predicts a year of recovery for wheat, barley, and canola.
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20:21
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20:21
Dawie Roodt warns of economic shock as US tariffs loom and political strains deepen
Economist Dawie Roodt warns that looming US tariffs on South African exports are politically driven and could significantly damage the country's fragile economy. In a BizNews interview, he criticises government inaction, highlights geopolitical risks, and calls for urgent reform. With economic growth stagnating, Roodt stresses the need for a new political direction and smarter international alignment.
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14:42
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14:42
BN Briefing: Trump snubs SA G20; Roodt on SA’s 30% Tariffs expected to hit tomorrow; R800m tender scandal
Trump throws diplomatic cold water on SA ahead of November’s G20, confirms India tariffs start Friday, and Fed Chair Powell resists rate cut demands. Back home, a forensic probe exposes rot in a multimillion-rand oxygen plant tender - while Microsoft hits AI cloud highs.
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18:44
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18:44
Ryan Smith: Tariff Talks, ANC arrogance & Emma’s exit
Following the resignation of Emma Powell, Ryan Smith has been announced as the Democratic Alliance's spokesperson on International Relations and Cooperation. In his first interview since his appointment, Smith speaks to BizNews about the chances of South Africa cutting a last-minute deal with the United States to avert the 30% export tariffs due to come into effect on Friday. He reacts to US President Donald Trump’s latest utterances in which he reiterated that he has had a “lot of problems with South Africa” and once again cited “some very bad policies”. Describing what it would take to reset the US-SA relationship, Smith urges non-alliance and a foreign policy that is “no longer the ambit of political whims”. On the resignation of Powell - who cited harassment, threats and intimidation - he says “it became far too heavy a personal toll for her”. As for what he now faces, Smith says: “… there are allegations across every government department of collusion, political interference, of corruption, and when you take your oath of office and you take a seat as a Member of Parliament in South Africa, certainly on the DA's benches, you are well aware that you're going up against all of this and that it can get very, very ugly”.
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17:11
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17:11
Miles van der Molen: Skewed aviation market, regulatory failures behind FlySafair saga
CemAir CEO Miles van der Molen tells Alec Hogg that the FlySafair pilot strike is the result of long-standing regulatory neglect and a broken aviation market. He warns that FlySafair’s foreign ownership advantage has distorted competition and left South African pilots with fewer options.
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