Agriculture’s GDP dropped by 28.8% in the third quarter, but agri exports went the opposite way.
The rating attests to credit strengths from effective institutions such as the judiciary and central bank to a robust financial sector.
The funds will support sustainable development, the just energy transition, training, health and pandemics and employment.
The African Continental Free Trade Area is a key mechanism to unlock further bilateral trade opportunities.
Agriculture recorded its second quarterly consecutive decrease, while transport, trade and government services also deteriorated.
Priorities are disaster resilience, debt sustainability, finance for a just energy transition and harnessing critical minerals for inclusive growth.
The prices of all grades of petrol and diesel are set to rise at midnight on Tuesday.
Leaders of both countries are attending the high-level bi-national commission in Cape Town this week.
Industry margin adjustments will likely offset a potential petrol price drop and could put further pressure on diesel prices.
SA’s G20 presidency embodies the continent’s readiness to lead and collaborate to tackle shared challenges.
Domestic and export selling price inflation has eased on the back of a marked decline in production costs.
The second coming of Trump offers opportunities for self-development as Africa may be forced to depend less on US aid.
