South Africa could lose around 100,000 jobs due to the 30% U.S. import tariff set to take effect on 1 August, according to he Governor of the South African Reserve Bank (SARB) Lesetja Kganyago. The agriculture and auto sectors face the hardest hit, especially citrus, grapes, and wine.
Speaking to local radio station, Kganyago said the tariffs would be devastating for low-skilled agricultural workers and highlighted a concerning 80% drop in South African car exports to the U.S. since Trump’s administration imposed tariffs in April.
"The impact in agriculture could actually be quite devastating because agriculture employs a lot of low-skilled workers, and here the impact is on citrus fruit, table grapes and wines," Kganyago said.
South Africa already faces a severe unemployment crisis, with the official jobless rate at 32.9% and the broader figure exceeding 43%.
Farmer groups also raised alarms, warning that the citrus industry alone could see 35,000 job losses, especially in towns such as Citrusdal that rely heavily on U.S. markets.
Exporters of macadamia nuts, fruit juices, wines, and ostrich leather are also expected to be hit hard unless alternative trade measures are found.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overn...
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the st...
Ukrainian President Volodymyr Zelenskyy's aircraft was nearly struck by a drone while departing Moldova on ...
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
A TV channel was struck during a live broadcast on Tuesday, Ukrainian President Volodymyr Zelenskyy said, as Russian strikes on Kyiv killed at least three people, the city's Mayor Vitali Klitschko said. Meanwhile, drones hit civilian infrastructure in Russia's southwestern Saratov region.
U.S. Central Command (CENTCOM) said its forces destroyed five Iranian crude oil carriers after the Islamic Revolutionary Guard Corps (IRGC) allegedly launched two ballistic missile attacks against a U.S. Navy warship over the past two days.
Wildfires have broken out in Türkiye’s Antalya province, forcing hundreds of people to evacuate as strong winds fuelled the flames.
Indonesia has reopened Jakarta's main airport and four others after volcanic ash from Mount Anak Krakatau forced widespread flight cancellations, though fresh eruptions have kept authorities on alert.
Four people were killed, including a child, in Ukrainian strikes on the Russian port city of Novorossiysk overnight, according to the governor of the Krasnodar region. Ukraine's drone forces commander, Robert Brovdi, said Russian military ships were destroyed in the attacks.
Iran’s Revolutionary Guards (IRGC) said on Wednesday they attacked two U.S. vessels and eight oil tankers in the Persian Gulf, calling the strikes a response to a U.S. attack on five Iranian tankers.
Ukrainian President Volodymyr Zelenskyy's aircraft was nearly struck by a drone while departing Moldova on its way to Norway, according to Norwegian Prime Minister Jonas Gahr Støre.
The United Nations has called for an immediate ceasefire in Sudan, warning that escalating drone warfare and attacks on civilian infrastructure are deepening the country's already devastating humanitarian crisis.
Climate leaders in Baku are calling for a shift from climate commitments to concrete action as day three of Baku Climate Action Week focuses on implementation, cooperation and measurable results.
You can download the AnewZ application from Play Store and the App Store.
What is your opinion on this topic?
Leave the first comment