Face The Nation | Moeletsi Mbeki on GNU & budget speech / Parks Tau on AGOA

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Political Analyst and Chairman of the South African Institute of International Affairs Moeletsi Mbeki argues that South Africa's excessively compensated public service significantly burdens the economy. He suggests that the government should consider reducing the costs associated with public service salaries. Mbeki's comments come in response to the proposed two-point increase in Value Added Tax, which has been cited as the reason for the postponement of the first budget speech under the Government of National Unity.

Donald Trump's decision to cut aid to South Africa citing concerns over land reform policies that he claims negatively impact the white minority has raised worries about the future of the AGOA deal with the United States.
Under the Africa Growth and Opportunity Act (AGOA), South Africa benefits from tariff-free quotas on various agricultural exports, including wine, citrus fruits, soybeans, sugar cane, and beef. Minister of Trade, Industry, and Competition Parks Tau emphasises the need for South Africa to expedite its engagement with the United States.


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