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Zimbabwe Not to Retaliate Against US Imposition of Additional Tariff

Zimbabwe Not to Retaliate Against US Imposition of Additional Tariff

(3 Minutes Read)   Zimbabwe’s main trading partners are the United Arab Emirates, South Africa, and China.  Its limited exports to the US were mainly...
The Small and Medium Enterprises (SME) Economic Recovery Loan Scheme of Namibia disbursed N$462 million by the end of last year, representing 92.4% of the total allocated N$500 million.

Banks in Namibia Lay Focus on SME Growth

(3 Minutes Read) According to the Bank of Namibia’s (BoN) 2024 Annual Report, the scheme, established by the central bank in collaboration with the then...
The Bank of Namibia (BoN) Governor Johannes Gawaxab has cautioned against excessive regulation, warning that stringent policies could hinder economic growth and drive businesses into the informal sector. 

BoN Cautions Excessive Regulation

(3 Minutes Read) He also emphasized the importance of fostering a regulatory environment that enables businesses to operate efficiently while maintaining necessary safeguards for the purpose...
US Tariff to Affect Namibian Beef and Fish Exports

US Tariff to Affect Namibian Beef and Fish Exports

(3 Minutes Read) Namibia is exploring several strategies to mitigate the impact of the 21% tariffs but is not in a position to disclose the...
The textile industry is vital to Lesotho's economy, providing jobs for approximately 12,000 individuals and sending around 75% of its products to the United States. However, this situation may change following the 50% tariff imposed by U.S. President Donald Trump on imports from Lesotho.

Lesotho Reeling Under US Tariff Hike on Textiles

(3 Minutes Read) Trump claims that Lesotho imposes a 99% tariff on American goods, a figure that the Lesotho government disputes, stating they are unaware...
 South Africa has voiced strong concerns over the U.S. imposition of a 31% tariff on its imports, set to begin on April 9, 2025. Minister of International Relations Ronald Lamola criticized the tariffs as detrimental to bilateral trade and economic cooperation, potentially hindering job creation across various sectors, including automotive and agriculture.

South Africa Unveils Export Diversification Plan in Response to U.S. Tariff Measures

(3 Minutes Read) South Africa has voiced strong concerns over the U.S. imposition of a 31% tariff on its imports, set to begin on April...
Zambia, Africa’s second-largest copper producer, aims to boost copper production to one million metric tons by the end of 2025, up from 820,676 metric tons last year.

Zambia on Track for Record Copper Output of One Million Metric Tons by 2025

(3 Minutes Read) Zambia, Africa’s second-largest copper producer, aims to boost copper production to one million metric tons by the end of 2025, up from...
South African oil company Sasol expects to conclude the USD1 billion (€907.6 million) Production Sharing Agreement (PSA) project for gas and electricity in Mozambique in September, the company’s president Simon Baloy announced.

Sasol to Conclude PSA for Gas and Electricity in Mozambique

(3 Minutes Read) The Mozambican government, which previously estimated that production at the unit would start in March, expects that the country will reduce its...
Mozambique plans to increase production of liquefied natural gas (LNG) by 500% in five years, to 20 million tonnes per year (mtpa), according to data from the government’s Five Year Programme 2025 – 2029 (PGQ) accessed by Lusa on Tuesday.

Mozambique to Up LNG Production

(3 Minutes Read) According to the forecasts set out by the government in the document, which will be discussed over the next few weeks in...
The Mozambican government launched the project to set up an Electronic Government Procurement (e-GP) platform aimed at modernizing government procurement, making it more transparent, efficient, and traceable.

E-Procurement Project in Mozambique Launched

(3 Minutes Read) The President of the Confederation of Economic Associations of Mozambique (CTA), Agostinho Vuma, said that the transition to a digital model was...

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