South Africa's impending loss of preferential access to the United States market under the African Growth and Opportunity Act, AGOA, is drawing mixed reactions from the business community.

Business organisation Sakeliga says while the decision could hurt certain export-dependent industries, its broader impact on the South African economy may be less significant than widely perceived.

The organisation also warns that this could be another indication of worsening trade relations between Pretoria and Washington.

Channel Africa's South Africa correspondent, Innocent Semosa, reports.

South Africa's impending loss of preferential access to the United States market under the African Growth and Opportunity Act, AGOA, is drawing mixed reactions from the business community.
Business organisation Sakeliga says while the decision could hurt certain export-dependent industries, its broader impact on the South African economy may be less significant than widely perceived.
The organisation also warns that this could be another indication of worsening trade relations between Pretoria and Washington.
Channel Africa's South Africa correspondent, Innocent Semosa, reports.

An English news and current affairs wrap with a fresh take on the day’s top stories, hosted by the seasoned journalist Tsepiso Makwetla.

An English news and current affairs wrap with a fresh take on the day&rsquo;s top stories, hosted by the seasoned journalist Tsepiso Makwetla.