Swanepoel Warns SA Against Panic Over AGOA’s Possible Loss — Calls for Calm & Economic Preparedness

Daryl Swanepoel has urged South Africa not to panic over the possibility of losing access to the African Growth and Opportunity Act (AGOA), stressing that the country must remain calm and explore alternative economic opportunities if the trade arrangement is withdrawn.

His remarks come amid ongoing uncertainty surrounding South Africa’s trade relationship with the United States, with concerns about the potential consequences for local businesses, exporters and workers should preferential access to the American market be disrupted.

Swanepoel’s central message is that South Africa must avoid becoming alarmist and instead approach the situation with a clear understanding of the risks and available options.

“If taken away, it’s important that we do not become alarmist,” he said.

AGOA is a United States trade programme designed to provide eligible sub-Saharan African countries with preferential access to the American market for thousands of products. The initiative has played a significant role in supporting African exports, attracting investment and creating employment opportunities in industries that depend on international trade.

For South Africa, access to the US market is particularly important for sectors such as agriculture, automotive manufacturing and other export-oriented industries. Any disruption to preferential trade arrangements could increase costs for affected businesses and place pressure on jobs and investment.

However, Swanepoel’s remarks suggest that the possibility of losing AGOA benefits should not automatically be treated as an economic catastrophe. Instead, the situation presents an opportunity for South Africa to assess its vulnerabilities, strengthen its trade strategy and broaden its international commercial relationships.

Remaining calm does not mean underestimating the potential consequences. Rather, it requires policymakers, business leaders and other stakeholders to distinguish between genuine economic risks and exaggerated fears.

A measured response could include expanding access to alternative markets, improving the competitiveness of South African products and strengthening trade partnerships with other regions.

At the same time, diplomatic engagement with Washington remains important, particularly given the commercial interests of businesses on both sides of the Atlantic.

The broader challenge for South Africa is to protect its exporters and workers while reducing excessive dependence on any single trading partner.

Ultimately, Swanepoel’s message is one of caution without panic: even if AGOA benefits are withdrawn, South Africa must respond with preparation, strategic planning and practical solutions rather than alarm.

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