Tariff storm highlights need to improve where we can

It’s a cruel twist of fate that Cape Town Port saw an all-time citrus export record in the week the US announced a 30% tariff on a wide range of SA goods, including agricultural produce. 

Welcome to the swings and roundabouts of international trade. 

Tariff negotiations are still ongoing, even as affected sectors finalise impact assessments for submission to a DTI Trade Export Support Desk. The final tariff determination is still a moving target. 

It’s a stressful trade situation at a time when South Africa seeks rapid export growth. 

However, the current uncertainty provides a timely reminder: events beyond our control  should strengthen our resolve to effect change where we do have some control – in pursuit of a stronger economy.  Resilience and innovation will help us respond and adapt to the unpredictable nature of global trade.  

This week’s newsletter details two areas where the Cape Chamber and its partners are working to improve the business environment, regardless of the prevailing global trade headwinds.  Read here about encouraging results detailed in the most recent Port Liaison Forum, and here about a Chamber-led Systemic Dialogue Network meeting that tackled two key themes – crime and investor confidence.  

The private sector can play a key role in identifying and implementing potential solutions to some of our biggest challenges. The more we leverage our networks, the more we partner effectively to make this happen. 

John Lawson
CEO of the Cape Chamber of Commerce and Industry