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 Namibia Namibia launches AfCFTA trade with 1st shipment from Walvis Bay Namibia has formally commenced trade under the African Continental Free Trade Area (AfCFTA) during a ceremony at the Walvis Bay Salt Warehouse. Hosted by the Ministry of International Relations and Trade, the event celebrated the shipment of Namibia’s first consignment—salt—as it joins the continental initiative designed to liberalize trade among 54 nations. Executive Director Penda Naanda underscored the importance of the appointment, stating, “This marks the beginning of Namibia’s active […] today30 June, 2025
insert_link Business / Economics Trump pauses tariffs on big 3 US automakers for one-month US President Donald Trump has granted the three main US car makers a one-month reprieve on tariffs. They were impacted when 25% tariffs on Mexico and Canada goods began on Tuesday. Nick Harper reports from Washington. today6 March, 2025
insert_link Business / Economics China factory activity picks up, showing economy’s resilience in face of tariffs China's manufacturing activity picked up last month, indicating economic resilience in the face of US President Donald Trump slapping more tariffs on China's exports. The latest data comes as policymakers are expected to announce that they'll push China's official budget deficit target to the highest in over three decades. Laura Westbrook reports from Hong Kong. today3 March, 2025
insert_link Business / Economics Apple announces big investment in US Apple has announced a huge $500bn investment in the United States as it shifts more business to the US amid the Trump administration's new tariff regime. The tech giant announced it's hiring 20,000 Americans and building a manufacturing factory to produce servers for artificial intelligence. It comes as President Donald Trump imposes a 10% tariff on all products from China, where most iPhones are made. Benji Hyer reports. 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 Business / Economics China condemns Trump’s ‘tariff shocks’ at WTO today19 February, 2025
insert_link Business / Economics US inflation hits 3% for first time since June US President Donald Trump is pressing on with his protectionist agenda, readying reciprocal tariffs on various products from multiple nations, despite fresh inflation data showing prices are still rising in the United States. CPI increased 3% last month compared to a year ago — that's higher than economists predicted, as Benji Hyer reports. today13 February, 2025
insert_link Business / Economics Morning Biz News – 12 February 2025 Strengthening Namibia’s Oil & Gas Sector The Petroleum Training and Education Fund (Petrofund) and Single Buoy Moorings Offshore (SBM Offshore) have signed a memorandum of understanding to enhance capacity building in Namibia’s oil and gas sector. This collaboration underscores their commitment to developing a skilled workforce capable of excelling in the upstream petroleum industry. The agreement aims to provide specialized training and knowledge transfer to ensure Namibians benefit from the […] today12 February, 2025