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Trump won't undo Agoa, says CEO

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Republican presidential candidate Donald Trump during a meeting with local farmers at Bedners Farm Fresh Market in Boynton Beach, Florida. (Evan Vucci, AP)
Republican presidential candidate Donald Trump during a meeting with local farmers at Bedners Farm Fresh Market in Boynton Beach, Florida. (Evan Vucci, AP)

Johannesburg – Donald Trump’s US election victory does not “immediately mean anything” for South African businesses, said outgoing Black Business Council (BBC) CEO Mohale Ralebitso.

This was Ralebitso’s response during a question and answer session following his address at the Enterprise and Supplier Development conference held in Fourways, Johannesburg on Thursday.

“Donald Trump will not be really able to undo Agoa [African Growth and Opportunity Act],” he said. It was a difficult set of negotiations and the agreement served as a catalyst for growth among African economies.

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