insert_link Business / Economics India’s high tariffs are a barrier to imports US President Donald Trump's top economic advisor has said that India's high tariffs are a barrier to imports. The comments, made in an interview with CNBC, come ahead of Indian Prime Minister Narendra Modi visit to the US this week. Rebecca Bundhun has more from Mumbai. todayFebruary 11, 2025 41
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. todayFebruary 10, 2025 52
insert_link Business / Economics China says it might be forced to take countermeasures against imposed tariffs China's Ambassador to the United Nations says there are "no winners in a trade war". Fu Cong was addressing US president Donald Trump's announcement that he is placing a 10 percent tariff on all imports from China. Speaking in New York on Monday, Cong said if the impasse is not resolved his country may be forced to take countermeasures. todayFebruary 4, 2025 35
Business / Economics Namibia reports trade deficit of N$5.5 billion The Namibia Statistics Agency has released the Namibia International Merchandise Trade Statistics Bulletin for the month of November 2024 which indicates that the country’s exports stood at 12.2 billion and imports at 17.7 billion resulting in the country's trade deficit of 5.5 billion. NSA spokesperson, Mirjam Shihepo. todayJanuary 16, 2025 42
insert_link Business / Economics Trade deficit reaches N$3.6 billion in August 2024 The Namibia Statistics Agency has reported a trade balance deficit of N$3.6 billion in August 2024 which is an increase from N$2.1 billion in July and a decrease from N$4.9 billion in August 2023. Exports were adjusted upward by N$7 million, while imports decreased by N$1 million, mainly due to higher export values of fish and precious stones, according to Namibia Statistics Agency spokesperson Mirjam Shihepo. todayOctober 2, 2024 40
insert_link Business / Economics NSA informal cross-border trade study reveals gender disparities The Namibia Statistics Agency (NSA) has released the findings of a study conducted in November 2023 on informal cross-border trade. According to the report, Namibia exported goods valued at N$9.1 million and imported goods worth N$1.2 million during the period under review. The NSA's Executive for Economic Statistics, Abel Sindano, emphasized the importance of informal cross-border trade in the region. He said that it plays a critical role in sustaining […] todaySeptember 18, 2024 60
insert_link Business / Economics Namibia’s merchandise trade deficit shrinks in June 2024 The Namibia Statistics Agency has released the latest trade statistics bulletin which shows that during June 2024, the country’s trade balance stood at a deficit of N$825 million, a notable improvement when compared to N$3.4 billion and N$1.5 billion recorded in May 2024 and June 2023, respectively. The data also revealed that China emerged as Namibia’s largest market for exports while South Africa took the first position on imports. NSA […] todayAugust 1, 2024 65
insert_link Africa Kenya’s shilling is gaining value, but don’t expect it to last – expert By Odongo Kodongo, University of the Witwatersrand Shortly after Kenya’s 2022 elections, the shilling depreciated rapidly against the US dollar – the country’s main currency for international transactions – fuelling a wave of political discontent. More than a year later, the Central Bank of Kenya, taking its cue from the International Monetary Fund, said that the run on the shilling was a market correction for a […] todayApril 17, 2024 13
insert_link Namibia Namibia’s Export Earnings Surge in January 2024 as Import Bill Raises Concerns Namibia witnessed a significant 9.4% increase in export earnings during January 2024, soaring from N$10.9 billion in December 2023 to N$12 billion. In comparison, January 2023 reported exports at N$7.8 billion, indicating positive economic growth. However, the import bill for the same period rose sharply by 16.3%, reaching N$11.8 billion, resulting in a widened trade deficit of N$1.8 billion. Namibian Statistics Agency spokesperson, Mirjam Shihepo, offers insights into the trade […] todayMarch 6, 2024 107