insert_link Business / Economics Namibia retains AGOA eligibility The United States has confirmed that Namibia will retain its eligibility for the African Growth and Opportunity Act (AGOA) benefits in 2025, alongside 31 other African nations. The announcement follows an annual review process by the US Trade Representative (USTR), including a July public hearing to assess compliance with AGOA’s criteria. AGOA is a trade agreement that promotes economic growth and development in sub-Saharan Africa by providing eligible countries with […] today7 January, 2025
insert_link Business / Economics S.A’s Ramaphosa Urges Stronger Trade and Investment with Angola S.A President Cyril Ramaphosa has called for stronger trade and investment ties between South Africa and Angola. Speaking during the state visit of Angolan president João Lourenço, Ramaphosa said both countries must explore new economic opportunities beyond the oil sector, particularly in areas such as infrastructure, agriculture, and renewable energy: today13 December, 2024
insert_link Business / Economics Donald Trump threatens 100% tariffs on BRICS US President-elect Donald Trump has warned BRICS nations against creating a new currency to replace the US dollar, demanding commitments to maintain the dollar's dominance. He also repeated threats to levy a 100% tariff. Bloomberg reports that Saturday’s threat on Truth Social took on new relevance as the president-elect prepares to retake power in January. In response, South Africa’s former Public Protector Thuli Madonsela criticized Trump’s position on X, saying […] today2 December, 2024
