South Africa's impending loss of preferential access to the United States market under the African Growth and Opportunity Act (AGOA) has drawn mixed reactions from the business community. Business organisation Sakeliga says while the move could affect some export-dependent industries, its overall impact on the South African economy may be less severe than widely anticipated. However, it warns that the development could signal further deterioration in trade relations between South Africa and the United States. Channel Africa's Innocent Semosa reports...

<p>South Africa's impending loss of preferential access to the United States market under the African Growth and Opportunity Act (AGOA) has drawn mixed reactions from the business community. Business organisation Sakeliga says while the move could affect some export-dependent industries, its overall impact on the South African economy may be less severe than widely anticipated. However, it warns that the development could signal further deterioration in trade relations between South Africa and the United States. Channel Africa's Innocent Semosa reports...</p>