International Trade

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.

5 March, 2025 73

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 […]

25 February, 2025 62

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.

25 February, 2025 56

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.

21 February, 2025 73

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:

15 February, 2025 54

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.

14 February, 2025 78

Business / Economics

Trump Says Canada and Mexico’s actions “not good enough” to avoid tariffs

US President Donald Trump says Canada and Mexico need to do more if they're to avoid the start of 25% tariffs in a few weeks. He made the comments during a Fox News interview, as well as reiterating his plan to make Canada the US' 51st state. Nick Harper reports on what the president had to say about Washington's northerly neighbor.

10 February, 2025 63

Business / Economics

Statistics Agency Reports Major Drop in Trade Deficit

The Statistics Agency reports that Namibia’s trade deficit declined drastically from N$5.5 billion in December 2024 to N$119 million in January 2025. These figures are outlined in the latest International Merchandise Trade Statistics Bulletin. Our correspondent is One Africa TV NewsOnOne's Ellen Shihepo: Watch NewsOnOne weeknights on One Africa TV on GoTv channel 84, DSTv 284 or stream on oneafrica.tv

5 February, 2025 36

World

Trump acknowledges tariffs may bring “pain” to Americans

US President Donald Trump has defended his decision to impose sweeping tariffs on the United States' top three trading partners, even as he acknowledged there may be "some pain" for Americans. Posting on his Truth Social platform he hit back at criticism arguing the action was warranted against China, Canada and Mexico. Kate Fisher reports from Washington.

3 February, 2025 56