President Donald Trump has once again sent shockwaves through the global economic and geopolitical landscape, announcing on Tuesday that the United States would “pretty soon” impose a 10% tariff on imports from all BRICS nations. This declaration, made just days after Brazil hosted the bloc’s annual summit in Rio de Janeiro, immediately drew sharp criticism […]
The City of Cape Town has unveiled a staggering R71.2 billion (approximately $3.9 billion) investment plan over the next three years, targeting critical infrastructure upgrades and a significant shift towards diversified and sustainable electricity supply. This monumental commitment positions Cape Town at the forefront of South Africa’s energy transition, aiming to drastically reduce its reliance […]
A new chapter in East African economic cooperation officially commenced on July 6, 2025, with the launch of the Uganda–Kenya Trade and Investment Mission at the Hilton Garden Inn, Kampala. This four-day high-level engagement, concluding on July 9, has brought together a formidable delegation of diplomats, government officials, and private sector leaders from both Uganda […]
The global trade landscape finds itself once again in a state of precarious anticipation, as U.S. President Donald Trump’s latest decision to delay planned tariffs has sent ripples of both hope and bewilderment across major trade partners and businesses worldwide. While nations like Japan, South Korea, and the European Union cling to the possibility of […]
South Africa’s business landscape is rapidly transforming, driven by an enthusiastic embrace of Artificial Intelligence (AI). A groundbreaking new survey by global technology brand Asus reveals that an impressive 77% of South African business decision-makers are ready to adopt AI tools immediately, with over half (51%) already experiencing measurable, positive outcomes. These compelling findings paint […]
In a significant diplomatic stride, the Republic of Cyprus has officially inaugurated its embassy in Nairobi, marking a pivotal moment in its burgeoning relationship with Kenya. The ceremonial opening, attended by Kenya’s Prime Cabinet Secretary and Cabinet Secretary for Foreign and Diaspora Affairs, Musalia Mudavadi, and his Cypriot counterpart, Minister for Foreign Affairs Constantinos Kombos, […]
The Syrian economy, devastated by over a decade of conflict, stands at a critical juncture. On Monday, the World Bank offered a glimmer of hope, projecting a modest 1% growth in Syria’s Gross Domestic Product (GDP) for 2025. This forecast follows a contraction of 1.5% in 2024, signaling a potential, albeit fragile, turning point for […]
The world’s youngest nation, South Sudan, is once again at a critical economic crossroads, facing a severe financial crisis that has pushed its leadership to seek urgent external assistance. In a clear sign of the deepening woes, South Sudan’s President Salva Kiir has undertaken two official trips to the United Arab Emirates (UAE) this year, […]
In a decisive move to fortify its economic resilience and reassure international investors, Kenya has finalized a landmark agreement aimed at shielding over Ksh260 billion (approximately $2 billion) in foreign investments from the vagaries of political and economic uncertainties. This significant development comes just days after nationwide protests raised considerable concerns over the country’s investment […]
A significant trade dispute is brewing between two of the world’s largest democracies, India and the United States, as New Delhi formally proposes retaliatory duties at the World Trade Organization (WTO). The move comes in response to Washington’s imposition of a 25 percent tariff on automobiles and certain auto parts, a measure India contends will […]
In a bold move signaling a significant shift in its domestic economic policy, the Tanzanian government has issued a directive...
The International Monetary Fund (IMF) today delivered a cautiously optimistic update to its global economic outlook, projecting revised growth rates...
In a pivotal step towards a sustainable and equitable energy future, South Africa and the African Development Bank (AfDB) have...
In a monumental boost for energy access and digital inclusion across Kenya, Sun King, a global leader in off-grid solar...
