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SOUTH AFRICA: S. Africa To Send Envoys To Washington DC After Trump Cuts All Aid

SOUTH AFRICA
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  • President Cyril Ramaphosa said he was "disappointed" by his US counterpart Donald Trump's disregard for the use of diplomatic channels after he decided to cut all aid to South Africa over the adoption of the Expropriation Act and the country's genocide case against Israel at the International Criminal Court (ICC). Presidential spokesperson Vincent Magwenya told TimesLIVE that South Africa was unaware of the pending executive order and its announcement took officials off guard. Trump's decision implies an immediate loss of $440mn in US aid and puts into question South Africa's continued participation in the African Growth and Opportunity Act (AGOA), which is due for renewal later this year.
    • Bloomberg reported that "a White Afrikaans rights group, AfriForum, has been lobbying right-wing US politicians, including Trump, with claims of racist policy against the White minority in South Africa, despite the country's efforts to address the legacy of apartheid." The organisation reiterated these claims during a special press conference on Sunday.
    • TimesLIVE reported that "several proposals were made to the government this week in a series of meetings to discuss the crisis. They include making compromises in response to demands that have been made by the US and its close ally, Israel." Democratic Alliance (DA) leader John Steenhuisen said his party will help Ramaphosa mend ties with the US as the government was preparing to send a delegation of envoys to Washington DC.
  • A summit of African leaders in Dar es Salam discussed escalating geopolitical crisis in the DRC, where 14 South African peacekeepers were killed in recent weeks during clashes with Rwandan-backed M23 rebels. The leaders resolved to withdraw all "uninvited foreign soldiers" from the DRC.
  • The government ruled out the implementation of a fiscal rule ahead of the 2025 Budget Speech. Although the proposal was discussed in cabinet, ministers judged that it would "inhibit the Treasury from executing some of its responsibilities."
  • Codera Analytics, a research house run by ex-SARB and RBNZ official Daan Steenkamp, warned that South Africa's high administered price growth will pose a difficulty, should the SARB intend to proceed with its plan to lower its inflation target.
  • John Steenhuisen told EWN that joining the Government of National Unity (GNU) was the right thing to do and reiterated that "there's no mass expropriation happening in South Africa, no one is being targeted in South Africa in any specific way."
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  • President Cyril Ramaphosa said he was "disappointed" by his US counterpart Donald Trump's disregard for the use of diplomatic channels after he decided to cut all aid to South Africa over the adoption of the Expropriation Act and the country's genocide case against Israel at the International Criminal Court (ICC). Presidential spokesperson Vincent Magwenya told TimesLIVE that South Africa was unaware of the pending executive order and its announcement took officials off guard. Trump's decision implies an immediate loss of $440mn in US aid and puts into question South Africa's continued participation in the African Growth and Opportunity Act (AGOA), which is due for renewal later this year.
    • Bloomberg reported that "a White Afrikaans rights group, AfriForum, has been lobbying right-wing US politicians, including Trump, with claims of racist policy against the White minority in South Africa, despite the country's efforts to address the legacy of apartheid." The organisation reiterated these claims during a special press conference on Sunday.
    • TimesLIVE reported that "several proposals were made to the government this week in a series of meetings to discuss the crisis. They include making compromises in response to demands that have been made by the US and its close ally, Israel." Democratic Alliance (DA) leader John Steenhuisen said his party will help Ramaphosa mend ties with the US as the government was preparing to send a delegation of envoys to Washington DC.
  • A summit of African leaders in Dar es Salam discussed escalating geopolitical crisis in the DRC, where 14 South African peacekeepers were killed in recent weeks during clashes with Rwandan-backed M23 rebels. The leaders resolved to withdraw all "uninvited foreign soldiers" from the DRC.
  • The government ruled out the implementation of a fiscal rule ahead of the 2025 Budget Speech. Although the proposal was discussed in cabinet, ministers judged that it would "inhibit the Treasury from executing some of its responsibilities."
  • Codera Analytics, a research house run by ex-SARB and RBNZ official Daan Steenkamp, warned that South Africa's high administered price growth will pose a difficulty, should the SARB intend to proceed with its plan to lower its inflation target.
  • John Steenhuisen told EWN that joining the Government of National Unity (GNU) was the right thing to do and reiterated that "there's no mass expropriation happening in South Africa, no one is being targeted in South Africa in any specific way."