Losing AGOA status could see SA losing N$44b

Chamwe Kaira …. Impact on Namibia to be minimal …. Weakened rand would affect Namibian dollar …. Weak rand could pressure interest rates The biggest risk that South Africa faces with over its neutral stance regarding the Russia/Ukaraine conflict is possibly being kicked out of the AGOA pact and having its exporters lose preferential access to the US market. “This would affect around N$44 billion of our export revenue, making up almost 25% of the total exports to the US,” economist at Stanlib South Africa, Ndivhuho Netshitenzhe told Observer Money. Netshitenzhe said while this doesn’t mean that South Africa won’t…