POTCHEFSTROOM - South Africa faces growing economic uncertainty as the deadline to renew the African Growth and Opportunity Act is less than 24 hours away.
A report by North-West University's Business school warns that this uncertainty, fueled largely by worsening Pretoria-Washington relations, is at its highest level in years, casting a shadow over South Africa's trade outlook.
READ | AGOA | African Growth and Opportunity Act is up for renewal
The crucial trade deal offers duty-free access to the US market and has been a key driver of exports, jobs, and investment for African countries since 2000.
But, political tensions and shifts in US policy have complicated renewal talks.
To help us unpack the potential impact on SA's economy, and what lies ahead, eNCA spoke to Professor Raymond Parsons, from the NWU Business School.