insert_link Africa Biden Expresses Pride In Visit to Angola US President Joseph Biden expressed pride in being the first American president to visit Angola as he began talks with President João Lourenço. And according to BBC Africa, the discussions at the presidential palace in Luanda focused on security and trade, with the US government backing a new 1,300km railway project linking an Angolan port to mining regions in the Democratic Republic of Congo and Zambia. today4 December, 2024
insert_link Africa BRICS nations would suffer under a 100 percent tariff from Trump The economies of BRICS nations would be damaged should US president-elect Donald Trump impose a 100-percent tariff on the countries. This is according to Future Forex CEO, Harry Scherzer. Trump has threatened to impose the tariff if BRICS countries were to create a rival currency to the US dollar. Scherzer says the possibility that Trump sticks to his guns and does impose tariffs, would hamstring South Africa in […] today3 December, 2024
insert_link World Russia and India to discuss trade and economic cooperation at ministerial meeting Russia's First Deputy Prime Minister Denis Manturov and India's Foreign Minister S Jaishankar will discuss boosting economic and technology ties in New Delhi on Tuesday.Balance of trade is also high on the agenda during the two leaders' meeting, as Ishan Garg reports from New Delhi. today12 November, 2024
insert_link Business / Economics Windhoek High-level conference aims to boost Namibia-EU trade A high-level conference in Windhoek is focused on boosting trade between Namibia and the EU through sustainable practices and regulatory alignment. Key discussions include EU regulations on carbon reduction, corporate sustainability, and environmental protection, with strategies for Namibian compliance. Michael Humavindu the executive director at the National Planning Commission. today8 November, 2024
insert_link Business / Economics Trade Minister launches national trade policy The Minister of Industrialisation and Trade, Lucia Iipumbu has launched the National Trade Policy. This Policy will guide the country's trade relations with the rest of the world and was formulated within the scope of Vision 2030. The Ministry's spokesperson, Elijah Mukubonda. today14 October, 2024
insert_link Africa Biden Administration supports AGOA re-authorisation The Biden administration is supporting the early extension of the African Growth and Opportunity Act, allowing over 30 sub-Saharan African countries to maintain duty-free access to the U.S. market. Joy Basu, the Deputy Assistant Secretary of State in the Bureau of African Affairs, confirmed this during a press briefing, saying the United States supports an early re-authorization before AGOA expires in September 2025. Since its enactment in 2000, the […] today30 July, 2024
insert_link World China and Botswana: ‘fong kong’ products have helped drive local manufacturing – study By Yanyin Zi, Rikkyo University Chinese products are frequently viewed as inferior and inexpensive, contributing to their negative reputation. This is true in African countries too. Nonetheless, Chinese merchandise has played a pivotal role in shaping economies by accelerating globalisation and fostering local development. Take the case of Botswana. Botswana has a population of more than 2.4 million people. Its economy is primarily driven […] today25 June, 2024
insert_link Africa Uganda revamps oil imports Uganda is seeking to revamp its oil import procedures by shifting to Tanzania as its primary import hub. As it stands Ugandan fuel companies acquire 90 percent of their supplies through Kenyan companies. Daniel Kijo reports from Dar es Salaam. today19 February, 2024
insert_link Africa Kenya oil facilities face huge losses A new report says Kenya has lost $200 million worth of oil exports to Uganda. The country has been Uganda's largest regional market since last year. Daniel Kijo reports. today29 January, 2024
