OPINION : AFRICA STILL RISING
Q : There are many links between South Africa and the UK . What kind of impact do you expect from Brexit in South Africa , if any ?
A : I ’ ll put it in context at this moment in time . The UK is our eighth largest trading partner , and the second largest in the EU . It ’ s responsible for about 4 % of our total trade .
We don ’ t see a huge amount of disruption taking place in the trade area . The impact of Brexit is more likely to be felt in the form of whatever
THE IMPACT OF BREXIT IS MORE LIKELY TO BE FELT
Minister of Trade and Industry Rob Davies
impact it has on the overall state of the world economy . The uncertainty it has created and the consequent possible further depression of the world economy – that would be the biggest shockwave that could come our way as a result of Brexit .
We have engaged in very preliminary discussions … On the trade front , we don ’ t anticipate disruption ; we anticipate that we ’ ll be able to continue to maintain the trade and investment ties we have with the UK . – fDi markets
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