Business / Economics Archives - Page 45 of 184

Morning Biz News – 12 February 2025

Strengthening Namibia’s Oil & Gas Sector The Petroleum Training and Education Fund (Petrofund) and Single Buoy Moorings Offshore (SBM Offshore) have signed a memorandum of understanding to enhance capacity building in Namibia’s oil and gas sector. This collaboration underscores their commitment to developing a skilled workforce capable of excelling in the upstream petroleum industry. The agreement aims to provide specialized training and knowledge transfer to ensure Namibians benefit from the […]

12 February, 2025

Business / Economics

Windhoek And Vivo Energy Partner on Mix Settlement Sanitation Project

The City of Windhoek, in collaboration with Vivo Energy Namibia, has launched a N$600,000 project to build a sanitation hub in Windhoek’s Mix settlement. Reporting for NewsOnOne on One Africa TV, Ketemba Tjipepa states that the facility will feature six toilets and two water points, enhancing hygiene and clean water access for residents.

12 February, 2025

Business / Economics

Modi-Macron to chair AI summit

India's Prime Minister Narendra Modi and French President Emmanuel Macron will co-chair the AI Action Summit today. Boosting trade and civil nuclear partnership could also be high on Modi's agenda, as Ishan Garg tells us from New Delhi.

11 February, 2025

Business / Economics

India’s high tariffs are a barrier to imports

US President Donald Trump's top economic advisor has said that India's high tariffs are a barrier to imports. The comments, made in an interview with CNBC, come ahead of Indian Prime Minister Narendra Modi visit to the US this week. Rebecca Bundhun has more from Mumbai.

11 February, 2025

Business / Economics

Countries react to new Trump tariff proposals

China is accusing Donald Trump of "weaponising trade" after he announced he'll impose 25% tariffs on steel and aluminium entering the United States. The US President also says he's planning "reciprocal tariffs" on any country currently taxing American products. Benji Hyer reports.

11 February, 2025

Africa

Nigeria’s Dangote Refinery Nears Full Capacity

11 February, 2025

Business / Economics

11 February 2025 Morning Biz News

Namibia’s Diamond Production Drops as Namdeb Surges Namibia's rough diamond production totaled 2.234 million carats in 2024, reflecting a 4% decline from the 2.327 million carats mined in 2023, according to the latest data from De Beers, as reported by The Brief. Despite the overall decline, Namdeb saw a remarkable 30% surge in output, reaching 609,000 carats compared to 468,000 carats the previous year. In the fourth quarter alone, Namdeb's […]

11 February, 2025

Business / Economics

India preparing more tariff reductions ahead of US visit

Indian Prime Minister Narendra Modi is working on additional tariff cuts ahead of his meeting this week with US President Donald Trump, according to reports This visit comes as President Trump has said he plans to slap reciprocal tariffs on many countries. Rebecca Bundhun has more from Mumbai.

10 February, 2025

Business / Economics

China imposes retaliatory tariffs on $14bn worth of US goods

China has imposed retaliatory tariffs on the US, hitting about $14bn worth of goods and dashing hopes that a trade war between the world's two largest economies could be avoided. Beijing announced the tariffs last week in response to a US decision to impose an additional 10 per cent levy on Chinese products. Laura Westbrook has more.

10 February, 2025