FT: Trump vows to stop US assistance to South Africa over land law

FT: Trump vows to stop US assistance to South Africa over land law

Rand falls after president singles out Brics nation over expropriation of properties
Published on: 

Key topics

  • Trump vows to cut US aid to South Africa over land expropriation policies.
  • South African rand falls 1.6% after Trump's Truth Social remarks.
  • Expropriation bill aims to transfer a third of land to Black South Africans.

Sign up for your early morning brew of the BizNews Insider to keep you up to speed with the content that matters. The newsletter will land in your inbox at 5:30am weekdays. Register here.

The seventh BizNews Conference, BNC#7, is to be held in Hermanus from March 11 to 13, 2025. The 2025 BizNews Conference is designed to provide an excellent opportunity for members of the BizNews community to interact directly with the keynote speakers, old (and new) friends from previous BNC events – and to interact with members of the BizNews team. Register for BNC#7 here.

If you prefer WhatsApp for updates, sign up to the BizNews channel here.

By Felicia Schwartz in Washington and Monica Mark in Johannesburg

Rand falls after president singles out Brics nation over expropriation of properties

___STEADY_PAYWALL___

Loading content, please wait...

Related Stories

No stories found.
BizNews
www.biznews.com