Global Trade

21 Results / Page 2 of 3

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

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

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

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

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

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