{"id":39705,"date":"2026-07-15T20:05:09","date_gmt":"2026-07-15T18:05:09","guid":{"rendered":"https:\/\/www.channelafrica.co.za\/channelafrica\/?post_type=news&#038;p=39705"},"modified":"2026-07-15T20:05:09","modified_gmt":"2026-07-15T18:05:09","slug":"threatening-sa-businesses-will-backfire-on-host-nations","status":"publish","type":"news","link":"https:\/\/www.channelafrica.co.za\/channelafrica\/news\/threatening-sa-businesses-will-backfire-on-host-nations\/","title":{"rendered":"&#8216;Threatening SA businesses will backfire on host nations&#8217; \u00a0"},"content":{"rendered":"<p>The Presidency has warned that any attempt to retaliate against South African (SA) companies operating in countries like Ghana and Nigeria will ultimately backfire on those nations&#8217; own economies.<\/p>\n<p>&nbsp;<\/p>\n<p>The diplomatic friction began after Ghana decided to put scheduled bilateral talks with SA on hold. The delay follows growing tension over recent SA protests against undocumented migration, which prompted some Ghanaian politicians to call for punitive measures against SA businesses.<\/p>\n<p>&nbsp;<\/p>\n<p>Presidential Spokesperson Vincent Magwenya made it clear that targeting foreign investments would be a massive mistake for the host countries, signaling to the global market that they are risky places to invest.<\/p>\n<p>&nbsp;<\/p>\n<p>&#8220;So, any move to appropriate SA company assets in any of these countries will be counterproductive and will undermine those countries&#8217; economic development aspirations,&#8221; Magwenya said. &#8220;It will signal that those countries are now closed for trade and business. It will also signal a greater degree of uncertainty of doing business in those countries. It will be a move whose repercussions go beyond SA for that matter. We are not overly worried about that talk.&#8221;<\/p>\n<p>&nbsp;<\/p>\n<p>&#8211;ChannelAfrica&#8211;<\/p>\n","protected":false},"featured_media":15418,"template":"","meta":{"_acf_changed":false},"news-type":[78,44],"class_list":["post-39705","news","type-news","status-publish","has-post-thumbnail","hentry","news-type-featured","news-type-finance","entry"],"acf":{"short_description":"SA warns against retaliatory business attacks","published_date":"2026-07-15 20:02:54","news_description":"SA warns against retaliatory business attacks","form_embed":"","author":"","image_caption":""},"_links":{"self":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/39705","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news"}],"about":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/types\/news"}],"version-history":[{"count":1,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/39705\/revisions"}],"predecessor-version":[{"id":39706,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news\/39705\/revisions\/39706"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media\/15418"}],"wp:attachment":[{"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/media?parent=39705"}],"wp:term":[{"taxonomy":"news-type","embeddable":true,"href":"https:\/\/www.channelafrica.co.za\/channelafrica\/wp-json\/wp\/v2\/news-type?post=39705"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}