United States President Donald Trump has announced a temporary suspension of increased trade tariffs for all countries except China. The pause, which will last for 90 days, was made public …
Donald Trump
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AfricaBusiness and EconomyInternational RelationsPoliticsTrade and Commerce
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BusinessPoliciesTrade and Commerce
FG Urged to Boost AfCFTA Participation as US Slams 14% Tariff on Nigerian Exports
Economic analysts have called on the Federal Government to ramp up local production and take full advantage of the African Continental Free Trade Agreement (AfCFTA) following the imposition of a …
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AfricaBusiness and EconomyLesothoTrade and Commerce
Lesotho’s Textile Industry Under Threat as U.S. Slams 50% Tariff
Thousands of jobs in Lesotho’s textile industry may be at risk following the new 50% tariff imposed by the United States under the leadership of President Donald Trump. The small …
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AfricaBusiness and EconomyPolitics
Trump’s Trade War: African Countries Face Heavy Tariffs, South Africa Among Worst Hit
US President Donald Trump’s tough trade policies are now affecting several African countries, with many set to suffer major economic setbacks due to high tariffs. President Trump announced the move …
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South Africa’s presidency has responded to the latest U.S. tariffs, emphasizing the need for a new trade agreement with Washington to secure long-term trade stability. The statement came after U.S. …
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BusinessEconomyManufacturingPolitics
South Africa’s Manufacturing Sector Faces Challenges but Sees Slight Improvement
In March, South Africa’s manufacturing sector continued to face challenges, according to the latest Purchasing Managers’ Index (PMI) survey. The index, which measures the performance of the manufacturing industry, showed …
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Elon Musk laid off more Twitter Inc. workers from the sales side of the social network’s business beginning late on Sunday, further trimming a staff that had already been decimated …