South Africa's luxury boat industry turns to Europe as US market weakens
12 May 2026, 14:55 GMT
By editorial@africanews.com (Dominic Wabwireh)
Credit: editorial@africanews.com (Dominic Wabwireh)
Source URL: http://www.africanews.com/2026/05/12/south-africas-luxury-boat-industry-turns-to-europe-as-us-market-weakens/
South Africa’s world‑renowned luxury catamaran sector — a $298‑million industry exporting 90% of its boats — is battling a sharp downturn as fluctuating U.S. tariffs unsettle its biggest market and force builders to seek new horizons.