insert_link Business / Economics China says it might be forced to take countermeasures against imposed tariffs China's Ambassador to the United Nations says there are "no winners in a trade war". Fu Cong was addressing US president Donald Trump's announcement that he is placing a 10 percent tariff on all imports from China. Speaking in New York on Monday, Cong said if the impasse is not resolved his country may be forced to take countermeasures. today4 February, 2025
insert_link Business / Economics Namibia-Sweden Strengthen Bilateral Ties The International Relations and Cooperation ministry hosted the 10th Namibia-Sweden Bilateral Working Group Meeting. During discussions, both countries reviewed a broad spectrum of bilateral, regional, and international matters, noting their strong cooperation. Sabine Böhlke-Möller is the Deputy Executive Director in the Ministry: today4 February, 2025
insert_link Business / Economics 04 February 2025- Biz News Wrap: Market Insights and Global Financial Developments 1. Namibia Stock Exchange Reports Steady Trading Activity The Namibia Stock Exchange (NSX) reported a total trade volume of 247,147 shares, valued at N$12.5 million, across 16 deals. The financial sector led the way, with more than 236,000 shares exchanged, amounting to N$8.2 million in total. Year-to-date, the NSX has seen 6.4 million shares traded, valued at N$369.8 million. This ongoing activity suggests a continued interest in market […] today4 February, 2025
insert_link Business / Economics US & Mexico strike deal to pause tariffs The US and Mexico have struck a deal to delay Washington imposing 25% tariffs on Mexican goods. It follows a phone call between the two leaders. Tariffs on Canadian and Chinese goods are still due to come into effect on Tuesday. Nick Harper reports from Washington. today4 February, 2025
Business / Economics NUST, MTC & NIFA to launch Namibia`s first Bloomberg Finance Lab By: Hertha Ekandjo The Namibia University of Science and Technology (NUST), in collaboration with Mobile Telecommunications Limited (MTC) and the Namibia Investment and Finance Academy (NIFA), has announced the opening of Namibia’s first Bloomberg Finance Lab at NUST in Windhoek at the HighTech Transfer Plaza Select (HTTPS). The lab, set to open in February 2025, will be equipped with 12 Bloomberg Terminals, providing real-time data, analytics, and electronic trading tools. […] today3 February, 2025
insert_link Business / Economics Expert says African leaders must rethink their reliance on foreign aid African leaders must rethink their reliance on foreign aid and focus on economic self-sufficiency. That’s according to Business and Economics Researcher Josef Kefas Sheehama, who argues that Africa should take lessons from U.S. policies under President Trump. he adds that while America prioritizes its own economic interests, African nations must strengthen regional integration, boost trade, and reduce dependence on external assistance. He warns that the U.S. has responded aggressively to […] today3 February, 2025
insert_link Business / Economics Mexico, Canada, and China have announced retaliatory tariffs against the US Mexico, Canada, and China have announced retaliatory tariffs against the US. This comes after president Donald Trump said a tax of 25-percent on Canadian and Mexican imports and an additional ten-percent tax on Chinese goods will come into force on Tuesday. Canada and Mexico have both announced retaliatory tariffs of 25-percent on US goods. China says it will file a lawsuit with the World Trade Organisation. Canadian prime minister […] today3 February, 2025
insert_link Business / Economics Japan’s prime minister Ishiba to meet President Trump this week amid tariff concerns Japanese Prime Minister Shigeru Ishiba will hold his first summit with US President Donald Trump on Friday in Washington. This comes as government officials in Japan are concerned that President Trump may expand his tariff policy. Rebecca Bundhun reports from Tokyo. today3 February, 2025
insert_link Business / Economics White House confirms China, Canada, Mexico tariffs The White House has confirmed fresh tariffs will come into effect this past Saturday against China, Canada and Mexico. That's despite concerns the move will push up prices for US consumers. Press Secretary Karoline Leavitt spoke about the decision to push ahead with the import duties at Friday's press briefing. In news just in...The Canadian Department of Finance has released a list of U.S. products that will be subject […] today3 February, 2025