businesstech.co.za Mar 01
South Africa looking for a deal with the US, and international flights cancelled:
Here are five important things happening in and affecting South Africa on ...
businesstech.co.za/news/5-things/852581/south-africa-looking-for-a-deal-with-the-us-and-international-flights-cancelled/
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South Africa Pursues US Trade Amid Flight SuspensionsAlistair Ruiters is set to visit the US next week while Middle East conflicts cause flight cancellations affecting South Africa.
Key FactsMar 1, 2026 · Reading time: ~45 sec.
Summary created with AI assistance · Source: businesstech.co.za
Summary created with AI assistance · Source: businesstech.co.za
- Rising tensions in the Middle East are destabilizing markets and putting pressure on South Africa’s rand.
- Several airlines, including Emirates and Qatar Airways, have suspended flights to and from South Africa due to regional airspace closures.
- Trade talks continue as Alistair Ruiters prepares to travel to the United States next week to negotiate further agreements.
- A proposed AI data center investment in Amanzimtoti could inject up to R159 billion into the local economy.
The scale of risk embedded in that geography will dominate asset pricing.— Nigel Green, founder and chief executive of deVere Group, said in the BusinessTech article.
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