insert_link 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. today10 February, 2025
insert_link 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. today10 February, 2025
insert_link Business / Economics International trade agreements could drive local growth The Economic and Social Justice Trust has published an article discussing the impact of global trade agreements, like the Africa Continental Free Trade Agreement and EU economic partnership agreements, on Namibia’s economic diversification and industrialisation. The article explores how trade agreements can help address challenges like market fluctuations, limited job creation, and insufficient value addition. Here’s Leonard Nakawa who is a Political Analyst at the Trust. today5 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 03 February 2025 Biz News Update 1. Dynamic Pricing and Domestic Tourism Concerns The shift in Namibia's hospitality industry from traditional fixed rates to dynamic pricing has raised concerns about the future of domestic tourism, already burdened by economic pressures. According to a recent survey by The Brief, a number of the country's major hotels have adopted fluctuating rates, driven by international trends and increasing operational costs. This new approach could impact local tourism as […] today3 February, 2025
insert_link World Russia and India to discuss trade and economic cooperation at ministerial meeting Russia's First Deputy Prime Minister Denis Manturov and India's Foreign Minister S Jaishankar will discuss boosting economic and technology ties in New Delhi on Tuesday.Balance of trade is also high on the agenda during the two leaders' meeting, as Ishan Garg reports from New Delhi. today12 November, 2024
insert_link Business / Economics Trade Minister launches national trade policy The Minister of Industrialisation and Trade, Lucia Iipumbu has launched the National Trade Policy. This Policy will guide the country's trade relations with the rest of the world and was formulated within the scope of Vision 2030. The Ministry's spokesperson, Elijah Mukubonda. today14 October, 2024
insert_link Africa African countries could unlock billions in local and global trade – what’s working and what’s not By Bedassa Tadesse, University of Minnesota Duluth Africa’s share of global trade remains disproportionately small, hovering around 2%-3%. Countries on the continent trade more with the rest of the world than they do among themselves. Africa needs to improve its share of trade to boost growth and reduce poverty. Aid for Trade is a development initiative that seeks to remove barriers to trade […] today11 June, 2024
insert_link South Africa South Africa will be president of the G20 in 2025: two much-needed reforms it should drive By Danny Bradlow, University of Pretoria South Africa will play an important international role in 2025 as president of the G20. The G20 is a group of 19 countries as well as the African Union and the European Union. Between them they represent 85% of global economy, 75% of world trade and 67% of global population. The G20 defines itself as the premier multilateral forum […] today15 May, 2024