insert_link Business / Economics NamRA Warns Importers Over Unpaid VAT The Namibia Revenue Agency has cautioned that importers who fail to settle outstanding deferred VAT balances may have their accounts suspended. NamRA’s Tonateni Shidhudhu, manager of strategic communications and stakeholder engagements, said affected importers must pay VAT upfront at customs and clear any arrears to avoid disruptions. today23 December, 2025
insert_link Business / Economics China calls on United States to show ‘mutual respect’ after Trump comments China has called for the United States to show "mutual respect" in managing trade tensions after President Donald Trump said a trade deal with Beijing was "possible". At the beginning of February, Trump imposed additional tariffs of 10 percent on all products imported from China. Laura Westbrook. today21 February, 2025
insert_link Business / Economics New tariffs to be rolled out from the U.S. to be reciprocal to each country U.S. President Donald Trump has added another round of tariffs detailed in a memo signed on Thursday. They will be worked out individually on countries proportional to their trade imbalance with the U.S. Caroline Malone reports. today14 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
insert_link Business / Economics India & EU trade group agree to $ 100 billion deal India's trade minister, Piyush Goyal says the country will remove the majority of import duties on industrial products from four European countries, in exchange for $100 billion in investments. This, according to Rebecca Bundhun, comes after an economic agreement was signed on Sunday, concluding 16 years of negotiations. today11 March, 2024
insert_link Business / Economics Tesla bypasses South Africa due to high import taxes Elon Musk has announced that Tesla will not sell electric cars in South Africa due to high import duties and taxes, due to a lack of incentives for local electric vehicle manufacturing. Importing a Tesla Cybertruck to South Africa can cost upwards of R1.3 million (incl. VAT). According to ‘My Broadband’, South Africa’s tax regime protects domestic car factories while failing to develop a policy to incentivise local EV manufacturing. today23 January, 2024
