insert_link South Africa Africa’s richest country sees farm exports to the U.S. jump 26% before tariff hit South African Citrus farmers (Photo: Reuters) South Africa’s agricultural exports to the United States saw a sharp increase in the second quarter, driven by a strong harvest and rising global commodity prices, reports Isaac Lukando. The growth underscores the sector’s resilience amid challenging global trade conditions. Agriculture Minister John Steenhuisen highlighted the industry’s robust performance, emphasizing its ability to navigate economic headwinds while contributing significantly to the national economy. The […] today19 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 Business / Economics SA’s Ramaphosa in talks with the U.S. over export exemptions South African President Cyril Ramaphosa. Photo: polity.org.co.za President Cyril Ramaphosa has confirmed that intensive negotiations are underway with the United States, as South Africa seeks tariff exemptions on key exports such as vehicles, steel, aluminium, and citrus. Speaking at the Union Buildings, Ramaphosa said Pretoria has presented a comprehensive trade package aimed at mutual investment and economic cooperation. Reuters reports that South Africa is facing a looming 30% U.S. tariff […] today5 August, 2025
insert_link Business / Economics ECB Cuts Rates Again Amid Economic Uncertainty The European Central Bank has reduced interest rates for the sixth time in nine months in an effort to support economic growth in the eurozone says BBC. Despite economic challenges such as the threat of U.S. tariffs and plans to increase European military spending, the bank remained committed to its strategy of lowering rates. The ECB lowered its main interest rate from 2.75% to 2.5% and further revised its economic […] today7 March, 2025
insert_link South Africa S.A Union COSATU Concerned Over U.S. Tariff Threat S.A union Cosatu says it is deeply worried by the United States president Donald Trump’s announcement of pending tariffs on South African and other nations’ exports. Cosatu’s spokesperson, Matthew Parks says this threatens thousands of South African jobs in many sectors, including agriculture, mining, jewellery, chemicals, automotive, and clothing. He says with a 41.9-percent unemployment rate, South Africa cannot afford further job losses: today15 February, 2025
