insert_link Business / EconomicsSouth 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 […] today13 August, 2025
insert_link Business / EconomicsIndia 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 […] today12 August, 2025
