SA can withstand any shocks from Brexit‚ says presidency

The presidency says that government has noted Britain’s decision to part ways with the European Union and says South Africa is well placed to withstand any financial shocks as a result of the split. “It will take two years for the institutional changes that this vote implies to be negotiated and we remain committed to retaining strong trade and financial relations with both Britain and the European Union‚” the presidency said in a statement.