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Business / Economics

U.S. tariffs threaten Namibia’s key industries

Namibia is among the many countries affected by the latest tariff announcement from the United States, which has imposed a 21% tariff on Namibian exports. The move, part of the Trump administration's broader reciprocal tariff package, aims to balance trade deficits with over 180 countries. Namibia's main exports to the U.S. include diamonds, building stones, fish fillets, beef, and charcoal—industries now facing increased costs and potential declines in trade volumes. […]

today4 April, 2025

Namibia

President Nangolo Mbumba hosts King Phillip of Belgium

President Nangolo Mbumba is hosting King Philippe of Belgium on a five-day visit, starting on Monday. The Namibia Press Agency reports that King Philippe will hold bilateral talks with President Mbumba at State House on Tuesday. He will also lay a wreath at Heroes’ Acre and visit Hope Initiative Southern Africa in Okuryangava, where he will participate in a financial literacy and economic empowerment session. A media statement issued Sunday […]

today29 April, 2024