insert_link Uncategorized Expert Sheehama Praises Namibia’s Trade Hosting Role Namibia is set to co-host the upcoming Commonwealth Trade Ministers Meeting, with business expert Josef Sheehama calling it “a very good opportunity for the country” to highlight its role in presenting the Commonwealth’s position on the Multilateral Trading System to the World Trade Organization. Cabinet also endorsed plans for a biennial Investment Conference to drive trade, empower MSMEs, and advance regional integration. today18 August, 2025
insert_link 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 […] today12 August, 2025
insert_link Namibia Government eyes more exports to Africa under new trade roadmap The Ministry of International Relations and Trade has launched a strategic planning workshop to shape a five-year plan to advance trade and investment goals. The workshop brings together stakeholders to define the ministry’s broader mandate, which now includes both trade and investment. According to Executive Director Penda Naanda, the plan will pay attention to the African Continental Free Trade Area (AfCFTA) and explore ways to deepen trade relations with countries […] today20 May, 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 World China says will protect its own interests in face of U.S. ‘bullying’ China says will protect its own interests in face of U.S. 'bullying', signalling a change in tone following the Trump administration's imposition of a new 10% tariff on Chinese goods. China's commerce ministry says the new tariffs will exacerbate global trade tensions. Laura Westbrook has more from Hong Kong. today7 February, 2025
insert_link Business / Economics Namibia Explores Trade Agreements for Economic Growth Namibia is actively pursuing economic diversification through trade agreements like the African Continental Free Trade Agreement and Economic Partnership Agreements. A research project by the Economic & Social Justice Trust is assessing how these agreements can drive industrialization and attract investment while addressing challenges such as infrastructure gaps, regulatory hurdles, and skills shortages. The Turst says initial findings highlight growth potential in renewable energy, green hydrogen, and agro-processing. However, strengthening […] today5 February, 2025
insert_link Business / Economics Solidarity Warns SA Could Lose AGOA Trade Benefits Trade union Solidarity says South Africa risks losing its African Growth and Opportunities Act trade benefits with the United States due to poor diplomatic relations. The union blames the government’s ties with China, Russia, and Iran, along with policies like the Expropriation Act, for straining US relations. Solidarity’s Jaco Kleynhans vows to continue lobbying for AGOA’s renewal this year to safeguard over 500-thousand jobs: today5 February, 2025
insert_link Namibia Agriculture Ministry lifts ban on maize and palm product imports The Ministry of Agriculture, Water, and Land Reform has lifted the ban on the importation and transit of maize, maize products, and palm products from South Africa with immediate effect. However, restrictions remain in place for maize seeds intended for planting. The ministry has not provided further details on when or if these restrictions will be reviewed. Ministry spokesperson Simon Nghipandulwa confirmed the decision, stressing that the […] today31 January, 2025
insert_link Business / Economics Trump vows to stop Nippon takeover of U.S. steel U.S. President-elect Donald Trump says he will block a deal for a Japanese company to acquire U.S. steel. Instead, he insists, his tax and tariff plans will make the U.S. manufacturer strong again by being American-owned. Caroline Malone reports from Washington. today4 December, 2024