trade diversification

South Africa steps up efforts to diversify export markets

Cape Town container port (Photo Bloomberg) South Africa’s Minister of Trade, Industry and Competition, Parks Tau, says the need to diversify the country’s export markets has never been more urgent. This comes after the United States imposed a 30-percent unilateral tariff, a move that could significantly impact South Africa’s economy. Tau said the government has initiated a multi-pronged response to soften the blow of the tariff and is speeding up […]

13 August, 2025

Business / Economics

India to offer credit guarantees for exporters hit by U.S. tariffs

Deendayal Port in Kandla, in the western state of Gujarat, India (Photo: REUTERS/Amit Dave) India is rolling out a financial aid package featuring credit guarantees and term loans to support small businesses and exporters hit by steep U.S. tariffs. The initiative includes 10–15% credit guarantees for short-term loans (up to 90 days overdue) and up to 75% government-backed guarantees on term loans, aiming to ease pressure on stressed exporters, notably […]

12 August, 2025

Business / Economics

4 November 2024 Morning Biz News: Namibia’s Economic Growth and Opportunities: A Business Overview

The Namibian economy is witnessing significant developments across various sectors, with ambitious plans and partnerships paving the way for growth. The Namibia Berries Project is leading the charge with a strategic expansion plan that aims to increase its cultivated area by 75 hectares annually. Founder Michael Rodenburg has set a target of reaching 240 hectares by 2026, with a long-term vision of 500 hectares. The project's scalability will […]

4 November, 2024