Bern, Switzerland — President Cyril Ramaphosa says South Africa is hopeful of reaching a trade agreement with the United States soon, following ongoing text-based negotiations aimed at addressing the impact of steep tariffs imposed under the Trump administration. Speaking during a media briefing in Bern, Switzerland, on Wednesday, where he is undertaking a State Visit,…
US President Donald Trump and China’s President Xi Jinping have met for talks in South Korea, their first meeting since 2019. Topics of discussion included the drug fentanyl and rare earths, according to Trump, while China says the meeting saw the leaders reach a consensus to resolve “major trade issues”. The BBC’s Laura Bicker explains…
Gyeongju, South Korea – As US President Donald Trump and Chinese leader Xi Jinping prepare to meet for the first time since 2019, Washington and Beijing appear poised to reach a deal to lower the temperature of their fierce rivalry. But while Trump and Xi are widely expected to de-escalate US-China tensions in South Korea…
Cairo — The new President unveiled a strategy aimed at breaking the continent’s economic dependence. The African Export-Import Bank (Afreximbank) opened new chapter with the inauguration of Dr. George Elombi as President and Chairman of the Board of Directors. The ceremony, which formalized the transfer of leadership from Professor Benedict Oramah ‘s decade-long tenure, was…
Cryptocurrencies are moving beyond being seen as an investment asset as users find real-world uses in everyday contexts. It appears crypto is becoming more like cash – with users prepared to use it more at the point of sale. Crypto payments specialist MoneyBadger is hoping to profit from this trend, recently signing a deal with…
“Our intention was always to initiate a conversation about the kind of economy that Americans want to build and the impact of tariffs on workers and businesses,” Ford said of the ad, which has aired in U.S. markets. “We’ve achieved our goal, having reached U.S. audiences at the highest levels,” Ford said. “I’ve directed my…
US President Donald Trump has announced an immediate end to all trade negotiations with Canada over an advert critical of the tariffs he has imposed on the nation. The advert, sponsored by the government of Canada’s province of Ontario, quoted Trump’s predecessor, Ronald Reagan, an icon of US conservatism, saying tariffs “hurt every American”. Trump…
Holding the line on the existing rules-based international trading system remains an essential challenge if the world is the keep a damaging tariff war at bay, a top UN trade official said on Monday. Addressing the UN Trade and Development (UNCTAD)’s 195 Member States in Geneva, Rebeca Grynspan said that 72 per cent of global…
End last month, the United Nations Economic Commission for Africa (UNECA) in Eastern Africa published a press release indicating that, among others, eastern African exports are demonstrating remarkable resilience amid global trade turbulence, defying expectations of decline following sweeping US tariffs and persistent geopolitical uncertainty. Data from UNECA, it says, reveals that several countries in…
US President Donald Trump said the deal had been negotiated over the last four to five months. Published On 20 Oct 202520 Oct 2025 Click here to share on social media share2 Share United States President Donald Trump and Australian Prime Minister Anthony Albanese have signed an agreement on rare earth and critical minerals as…
