The ANC Blocks New Trade Resolution Worth Billions in Investments

5 days ago
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South Africa is once again making headlines on the global stage — and not for the right reasons. At the World Trade Organization (WTO), South Africa has been labelled part of the "awkward squad," joining India and Türkiye in blocking key trade agreements that most of the world supports.

From rejecting the Investment Facilitation for Development resolution, which could bring much-needed foreign investment, to opposing the end of tariffs on digital goods and e-commerce, South Africa is isolating itself internationally. While most African countries are opening the door to investment and growth, South Africa risks being left behind.

Is this another example of the ANC’s failed economic policies and ideological stubbornness? Could South Africa face exclusion from major global trade deals? And what does this mean for our already struggling economy?

Watch as we break down why South Africa’s stance at the WTO could leave us stranded on the side-lines of global trade.

👉 What are your thoughts? Is South Africa protecting sovereignty, or just sabotaging its own future? Let me know in the comments!

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