South Africa's Godongwana 'Confident' on Having US Deal

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South Africa's Finance Minister Enoch Godongwana expressed confidence in reaching a trade deal with the US, while also ruling out major tax changes in the upcoming budget.

Market Impact

Market impact analysis based on bullish sentiment with 80% confidence.

Sentiment
Bullish
AI Confidence
80%
Time Horizon
Short Term

Article Context

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"I'm quite confident we will have a deal with the United States of America on the trade front," South African Finance Minister Enoch Godongwana told Bloomberg's Francine Lacqua at the World Economic Forum's annual gathering in Davos, Switzerland. He also talked about the broader economic situation in South Africa and ruled out any major tax changes in next month’s budget. (Source: Bloomberg)

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Original article published by Bloomberg on January 23, 2026.
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