Free Trial

S. Africa Expects To Keep AGOA Status, Unemployment Data On Tap

SOUTH AFRICA
  • South Africa's ambassador to BRICS Anil Sooklal told Bloomberg that the nation will likely keep its preferential access to US markets under the African Growth and Opportunity Act (AGOA), as "it is not a one-way issue" and hundreds of US companies are operating in South Africa.
  • According to a BusinessDay report, President Cyril Ramaphosa has got "broad consensus" from "all" BRICS members to expand the bloc. The issue of BRICS expansion will be discussed at the upcoming BRICS Summit.
  • Statistics SA will publish Q2 unemployment data at 10:30BST/11:30SAST. The jobless rate may have ticked lower to 32.8% from 32.9%, according to a Bloomberg poll of economists.
  • SARB Governor Lesetja Kganyago and Basic Education Minister Angie Motshekga will speak at 14:00BST/15:00SAST.

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.