In a move that is already shaking international trade, United States President Trump has officially implemented a new set of tariffs targeting dozens of countries. The new levies, which came …
U.S. Tariffs
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BusinessDiplomacyEconomic PolicyInternational TradePoliticsTariffs
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AFRICA NEWSAgribusinessEconomyTrade and Commerce
South African Macadamia Farmers Face U.S. Tariff Threat, Seek New Markets in India and Beyond.
South African macadamia nut farmers are bracing for a major economic shake-up as the United States considers implementing steep import tariffs that could significantly impact the country’s lucrative nut exports. …
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AFRICA NEWSBusinessEconomyEnergyGlobal NewsInternational RelationsNewsNigeriaOil & Gas
OPEC cuts global oil demand growth forecasts over US tariffs
The Organisation of the Petroleum Exporting Countries (OPEC) has slightly reduced its earlier forecast for global oil demand in 2025. According to its Monthly Oil Market Report released on Monday, …
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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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BusinessEconomyFinance & ServicesMarketsPolitics
South African rand strengthens as gold hits fresh peak
South Africa’s rand made gains on Monday, strengthened by a surge in gold prices and growing optimism about a potential agreement between the country’s two largest political parties on the …