Economic Impact

Trump to add lumber to tariffs list

US President Donald Trump says he'll add lumber to the list of goods facing new tariffs. The move is expected to hurt neighbors Canada and Mexico particularly hard. Nick Harper reports from Washington.

21 February, 2025

Business / Economics

China condemns Trump’s ‘tariff shocks’ at WTO

19 February, 2025

South Africa

South Africa’s President to finalise the names of international envoys

South Africa's President Cyril Ramaphosa will this week finalise the names of international envoys to be dispatched to various countries to clarify his country’s foreign and domestic policies. This comes after US president Donald Trump halted aid funding to the country over the Expropriation Act, and offered refugee status to Afrikaners. In an interview with eNCA, deputy president Paul Mashatile says the envoys will be a broad delegation:

17 February, 2025

South Africa

S.A Union COSATU Concerned Over U.S. Tariff Threat

S.A union Cosatu says it is deeply worried by the United States president Donald Trump’s announcement of pending tariffs on South African and other nations’ exports. Cosatu’s spokesperson, Matthew Parks says this threatens thousands of South African jobs in many sectors, including agriculture, mining, jewellery, chemicals, automotive, and clothing. He says with a 41.9-percent unemployment rate, South Africa cannot afford further job losses:

15 February, 2025

Namibia

MUN to Negotiate Kombat Mine Retrenchments

The Mineworkers Union and Kombat Mine will enter negotiations on the conditions surrounding the retrenchment of 533 workers. One Africa TV’s NewsOnOne journalist, Hertha Ekandjo, reports that this comes after the mine initially intended to carry out the retrenchments without consulting the union. Amupweya told our reporter Hertha Ekandjo from NewsOnOne that such conditions are important for a fair process, and would not have been possible had persisted with its […]

14 February, 2025

Dr. Sam Nujoma

Supervisor Praises Nujoma’s Dedication in Geology Master’s Thesis

One of the supervisors of Founding President Samuel Daniel Shafiishuna Nujoma’s Geology master’s thesis described him as a dedicated student. In an interview with Selma Taapopi from One Africa’s NewsOnOne, Dr. Gabi Schneider says she co-supervised Nujoma's thesis, titled Copper: Its Geology and Economic Impact on Development in Namibia, Zambia, and DRC. His other two supervisors were Dr. Benjamin Mapani and Professor Fred Kamona. Schneider shared this on Nujoma as […]

14 February, 2025

South Africa

S.A’s ACDP leader Kenneth Meshoe says unemployment remains too high

S.A's ACDP leader Kenneth Meshoe says unemployment remains too high, with many qualified doctors struggling to find work. He warns losing the African Growth and Opportunity Act could have serious economic consequences for South Africa. President Cyril Ramaphosa’s state of the nation address was under scrutiny for a second day yesterday. Debating the address, Meshoe said the ACDP supports sending a delegation to the United States to engage with the […]

13 February, 2025

Namibia

US Aid Freeze Hits Namibian Organizations

Namibian civil society groups are alarmed by the US decision to suspend foreign aid for 90 days, citing its direct consequences on local organizations. The Namibia Diverse Women’s Association faces job losses for 12 employees due to the funding halt, according to strategic coordinator Linda Baumann. NamNet chairperson Mahongora Kavihuha provides further insight into the situation.

13 February, 2025

Business / Economics

US inflation hits 3% for first time since June

US President Donald Trump is pressing on with his protectionist agenda, readying reciprocal tariffs on various products from multiple nations, despite fresh inflation data showing prices are still rising in the United States. CPI increased 3% last month compared to a year ago — that's higher than economists predicted, as Benji Hyer reports.

13 February, 2025