Global economic recession concerns and an oversupply of crude oil are placing pressure on prices.
The challenge is that demand for the product has slowed, with almost 1.2m fewer carcasses sold locally in 2023 than in 2016.
Last year, growth decreased to 5%, mainly because of political unrest following disputed elections.
The government is implementing economic reforms to make the country more attractive to investors.
Critical priorities include mobilising finance for a Just Energy Transition and debt sustainability for developing economies.
Ukraine wants to partner with South Africa to boost power generation and the production of fertilisers.
The median inflation rate in the region declined from 7.1% in 2023 to 4.5% in 2024.
For several years, South Africa has prohibited the importation of Tanzanian bananas.
But more scrutiny of tax returns can be expected as the fiscus seeks to plug the gap, says a financial expert.
Lower fuel and education prices contributed to the slowdown in inflation.
The outcome of the talks with South Korea will be closely watched by other nations.
Georgieva warned that protectionism harmed innovation and long-term productivity, particularly in smaller economies.
