Trapped by geography and squeezed by global market forces, the world’s 32 landlocked developing countries remain among the poorest – and most overlooked. At a major UN conference underway this week in Awaza, Turkmenistan, calls are growing to tackle the high trade costs, investment gaps and growing digital divide that continue to hold these countries…
ADDIS ABABA – Trade corridors, streamlined transit systems, and deeper regional integration are essential lifelines for Landlocked Developing Countries (LLDCs), United Nations Secretary-General António Guterres said. He made the remark recently at the opening of the Third UN Conference on LLDCs (LLDC3) in Awaza, Turkmenistan. In his address, Guterres urged world leaders to rethink global…
US President Donald Trump’s sweeping new tariffs on countries around the world have come into effect in an escalation of his trade war. “IT’S MIDNIGHT!!! BILLIONS OF DOLLARS IN TARIFFS ARE NOW FLOWING INTO THE UNITED STATES OF AMERICA!,” Trump said on social media minutes before the midnight deadline in Washington, DC. Earlier, the president…
Former Dimension Data chairman Jeremy Ord and Sonja De Bruyn, co-founder of Identity Partners. A war of words has broken out between former Dimension Data (DiData) executives and their former empowerment partner, Identity Partners, over the sale of The Campus office park in Bryanston, Johannesburg. Tensions escalated after former executives – Jeremy Ord, Grant Bodley,…
New York — They are lightweight, cheap, and able to be used in every sector of every supply chain. Few materials have revolutionized manufacturing and the global economy as much as plastics have. They are essential in almost everything, however this comes at a cost. A cost of 1.5 trillion annually in environmental damage, and…
To enhance trade, financial inclusion, and economic cooperation, some countries in the Horn of Africa, including Ethiopia, Kenya, Somalia, Sudan, and Djibouti, need to set up regional payment networks. Nevertheless, it hasn’t been put into practice or operationalized among them yet. Encouraging trade between states is one of the regional payment network’s many goals. The…
Canada’s U.S. trade minister Dominic LeBlanc told “Face the Nation with Margaret Brennan” that while the country was disappointed that President Trump has levied a 35% tariff, “We believe there is a great deal of common ground between the United States and Canada in terms of building two strong economies that work well together.” He…
LESOTHO is set to become the epicenter of African culture and commerce this September as it prepares to host the inaugural ‘Africa Cultural Exchange and Trade Expo’ from 3 to 7 September 2025 in Maseru. The event, which promises to be a milestone in fostering continental unity, was officially unveiled during a recent press conference…
Cape Town — The U.S. administration eased its proposed tariffs on trade with several African countries, but charges of up to 30% will kick in on imports from four countries in the coming days. The biggest beneficiary of the Trump administration’s rethink of its policy since its initial announcement of new tariffs in April is…
The Southern African Development Community (SADC), in partnership with the European Union (EU), the United Nations Industrial Development Organization (UNIDO), and the International Trade Centre (ITC), officially launched the Africa Trade Competitiveness and Market Access (ATCMA) SADC Programme on the margins of the 8th SADC Industrialization Week held in Antananarivo, Madagascar on 28th July 2025….
