Donald Trump threatens 100% tariffs on BRICS

2 December, 2024

US President-elect Donald Trump has warned BRICS nations against creating a new currency to replace the US dollar, demanding commitments to maintain the dollar’s dominance. He also repeated threats to levy a 100% tariff. Bloomberg reports that Saturday’s threat on Truth Social took on new relevance as the president-elect prepares to retake power in January.

In response, South Africa’s former Public Protector Thuli Madonsela criticized Trump’s position on X, saying that no country has the right to dominate others. She urged African leaders to use Trump’s threat as an opportunity to diversify their economies and trade partnerships.

Written by: Tonata Kadhila

100% Tariff African leaders BRICS Currency War Donald Trump Economic Dominance Global Economy Thuli Madonsela Trade Partnerships Trade Tariffs truth social US Dollar

Tourism Board Calls for Informal Market Integration

4 February, 2026

Business / Economics

NIDA owes Keetmanshoop municipality nearly N$4.2 million

By: Hertha Ekandjo The Namibia Industrial Development Agency (NIDA) has confirmed that it owes the Keetmanshoop municipality approximately N$4.2 million in outstanding water and electricity charges as of end of January 2026. NIDA spokesperson, Wessel !Nanuseb, says the outstanding electricity bill currently amounts to N$2.8 million, while water stands at […]

3 February, 2026