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  • South Africa’s Trade and Industry minister Rob Davies has stated that Brexit will not disrupt trade relations between the UK and SA. Davies said the Southern African Customs Union (Sacu), of which SA is a part, is close to finalising a deal with the UK to replicate the existing economic partnership agreement which the customs union has with the EU. Sacu is a customs union in Southern Africa which includes SA, Botswana, Lesotho, Namibia, and Eswatini (Swaziland). 

  •  South Africans watched with frustration and amazement this week as the British Parliament muddled through another late night of debates and votes on Brexit, there was one person on Sky News who spoke some sense.

  • In the case of a hard Brexit, the import of grain from the United Kingdom (UK) will be considerably more expensive.

  • A no-deal Brexit could lead to tariffs of 40% or more being imposed on food such as beef and cheddar cheese, driving up prices in shops and squeezing household budgets across the UK and Ireland, retail organisations from both countries have warned.

  • Even on the eve of the decision for the UK to leave the EU, it is not fully clear as to what sort of Brexit the world might end up with. There will almost certainly be several more twists and turns in the negotiating process before the final deadline of March 29th.

  • It can be difficult to cut through the noise and understand what Brexit really means for South Africa. The implications, depending on the outcome, will be far-reaching, but it is clear, the export of goods will be one of the areas most tangibly affected.

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