insert_link World India approves $5 billion package to support exporters hit by U.S. tariffs India's Minister for Information Technology Ashwini Vaishnaw (Photo by: REUTERS/Amit Dave) India has approved a $5 billion support package for exporters affected by tariffs imposed by the United States. In August, President Donald Trump raised tariffs on Indian goods to 50%, prompting concerns among businesses reliant on the US markets. The package aims to cushion exporters from the impact of the increased duties and ensure continued trade stability. Rebecca Bundhun […] today13 November, 2025
insert_link World UNCTAD chief warns $31 trillion debt crippling developing nations UN Trade and Development Summit 2025 official photo Addressing this year’s UN Trade and Development (UNCTAD) Summit, Secretary-General Rebeca Grynspan warned that developing countries are being held back by a $31 trillion debt burden. She highlighted that record debt repayments, particularly involving the United States, are slowing development progress in these nations. Grynspan urged global leaders to consider debt relief and sustainable financing solutions to help developing countries meet their […] today21 October, 2025
insert_link Business / Economics South Africa must diversify trade South Africa’s envoy to the United States, Mcebisi Jonas, says the country must broaden its trade relationships as it faces potential tariff changes and uncertainty over the future of the African Growth and Opportunity Act (AGOA). Jonas made the remarks ahead of an expected announcement by U.S. President Donald Trump on trade policies related to Africa. He said African countries should take the lead in navigating global trade, despite challenges […] today30 July, 2025
insert_link Business / Economics US investors to buy Panama canal ports from Hong Kong-based owner A consortium of US investors has agreed to buy majority stakes in two ports on the Panama canal from a Hong Kong-based company for nearly 20 billion dollars. The deal comes in the wake of allegations by the Trump administration that Chinese influence over the waterway poses a security risk to the US. Ira Spitzer reports. today5 March, 2025
insert_link South Africa SA to Prioritize Development Financing in G20 Presidency South Africa's National Treasury Director-General, Duncan Pieterse, says South Africa will use its G20 Presidency to address financing for development and tackle barriers to growth in developing countries. The Finance and Central Bank Deputies' meeting is taking place in Cape Town this week. The G20 members represent about 85-percent of the world’s gross domestic product and 75-percent of international trade. Pieterse says South Africa has signalled a strong intent to […] today25 February, 2025
insert_link Business / Economics India-UK continue free trade negotiations in New Delhi India and the UK are continuing their free trade agreement negotiations in New Delhi. British Business and Trade Secretary Jonathan Reynolds kickstarted talks this week after an eight week hiatus. Though the two countries say they have much to gain from an agreement - they're in no rush to finalise a deal. Ishan Garg tells us more from New Delhi. today25 February, 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 South Africa S.A Union COSATU Concerned Over U.S. Tariff Threat S.A union Cosatu says it is deeply worried by the United States president Donald Trump’s announcement of pending tariffs on South African and other nations’ exports. Cosatu’s spokesperson, Matthew Parks says this threatens thousands of South African jobs in many sectors, including agriculture, mining, jewellery, chemicals, automotive, and clothing. He says with a 41.9-percent unemployment rate, South Africa cannot afford further job losses: today15 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
