Daily Nation Newspaper

Cheap imports threaten survival of SA’s small farmers JOHANNESBU­RG

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effective implementa­tion, developmen­t and may also said Sebera, who is also an have different understand­ing expert in internatio­nal trade of the AfCFTA objectives, and developmen­t factories industry. having to Sebera close said.

Nigeria, Africa’s permanentl­y. largest He also said awareness economy, has “This so far will opted have a and sustained sensitizat­ion of not to ratify negative the agreement. impact on stakeholde­rs production should be

Over 50 and percent could of the also result a continuous in further activity continent’s job cumulative losses GDP in the sector,” before and they during the are contribute­d by Egypt, implementa­tion process.

warned in the report.

Nigeria and South Africa, The private sector and

The report also showed while Africa’s six sovereign business community island nations that collective­ly manufactur­ing have firms to play who a key role contribute took just 1 part percent, in the survey in the implementa­tion expect according conditions to reports. to worsen process, in the whose

African countries coming months. The proper index understand­ing are at different tracking levels expected of and business contributi­on are

conditions in six months’ time of countries, covering more than 1.2 billion people, with a combined gross domestic product (GDP) of 2.5 trillion U.S. dollars.

Once operationa­l, the African free trade accord is also projected to boost the level of intra-Africa trade by more than 52 percent by the year 2020, according to the United Nations Economic Commission for Africa.

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