After an optimistic start to the year, recent weeks saw new challenges emerging that could affect not only SMEs but the economy as a whole. This includes the return of loadshedding and the prospect of a further fuel price increase in March, although the price of diesel is expected to drop marginally. We’re also seeing the souring of US-SA relations, which is a worrying development. More generally, South Africa will feel the pain of the global trade war that is unfolding under US President Donald Trump’s administration. At home, the last-minute postponement of the National Budget Speech has created concern…