Trade experts sent out warnings last Thursday about new Trump tariffs. These 30 percent taxes hit South African exports hard. Many parts of the economy face damage from these fees. Experts say these charges harm several business areas across South Africa. The effects spread through many parts of the country's trade system.
Experts tell South Africa to sell goods to different countries. They point mostly toward BRICS group members as new buyers. Economist Duma Gqubule spoke to Xinhua by phone about this need. He pushed for quick changes to how South Africa runs its economy. The country must act fast to find other trade partners.
Parks Tau, who leads Trade and Industry, agrees with finding new markets. At a money meeting in...
Money and trade experts rang alarm bells on Thursday about the big harm from the new 30% taxes on South African goods sent to America under Trump. They warn that many parts of South Africa's economy will be hurt badly. They tell South Africa to sell more goods to other places, mainly BRICS countries. "We must sell to new places, look more to BRICS nations, and change how our economy works right away," said money expert Duma Gqubule on the phone.
Parks Tau, who runs Trade and Industry for South Africa, agrees with this plan to find new buyers. He spoke at a money meeting in Johannesburg about how many countries are making selfish trade rules these days. Tau warned that "doubt caused by one-sided trade taxes, which break WTO rules,"...
South Africa runs the G20 group today, making big steps forward after just four months. The country set up 15 teams to work on world problems, showing how much we need countries to talk together. Zane Dangor, who leads South Africa's G20 team, thanked other nations during an online meeting that ran Thursday and Friday. He said they could only win if everyone jumped in and helped out.
"We want to back up teamwork between nations as we reach for shared goals and fix the big world problems that keep changing," Dangor said. He pointed out that with many crises hitting the world, we still need big groups like the UN to make plans that work. "The G20 must team up with the United Nations and other big groups to ease these hard spots and find...
African Union leader Youssouf called for big steps in AI across Africa at the Rwanda meeting. He spoke to a packed room at the first Africa AI event in Kigali. African nations need to jump into AI with the tools they already have. They plan to make clear rules and find money from 2025 to 2026. Then, from 2028 to 2030, they will build real AI systems, with a check-in in 2027.
Youssouf firmly believes Africa can lead its AI path, not just copy others. New AI companies need cash, and all African countries must use the same rulebook. Teamwork with other groups helps Africa learn new tech fast. The African Bank runs programs to teach young people coding skills. Young Africans must launch AI companies and gain fresh skills, as Africa has...
Ethiopian Airlines just added Macao as its newest cargo spot in China, making it ten places where it flies cargo ships to Chinese cities. The big African plane company wants to help more goods move between Africa, China, and other parts of the world.
These planes will fly twice weekly, each with space for 400 tons of stuff. Ethiopian Airlines keeps finding new ways to help businesses send things around the globe. They pick routes that help both sides make money and build strong business friends. The company shared this news on X for everyone to see.
The airline plans to work more closely with online sellers near Macao. They can team up with businesses all through the Guangdong-Hong Kong-Macao Greater Bay Area. This helps them become...
China started talking with Zimbabwe on April 18, 1980, right when Zimbabwe became free. Their friendship grew stronger over the years. By April 2018, they had become very close partners in business and politics. These two countries visit each other often and help each other grow. Their leaders meet regularly to find better ways to work together.
Chinese leaders traveled to Zimbabwe many times over the years. President Xi went there in December 2015. Chen Xiaodong visited as a special messenger in November 2017. Su Hui came as President Xi's messenger in August 2018. Gu Shengzu visited next in September 2019. Wang Yi traveled there in January 2020. Yang Jiechi went in July 2022. Zhou Qiang visited in September 2023. Jiang Xinzhi made a...
Gani Adams wants Nigeria's big bosses to invest in places people come to see. He talked about this at Olumo Rock during a big party for the 2025 Olumo Festival. He thinks tourism can bring lots of cash from other lands into Nigeria. But first, they must fix the safety problems that scare visitors away. Adams says we need spots where people can have fun and learn about our past at the same time.
The Olumo party happens every year as part of a bigger event called the Lisabi Festival. People hold this party to honor a brave man named Lisabi Akala. Long ago, this hero fought hard and freed his Egba people from rulers they did not want. Many come each year to remember his brave acts through songs, dances, and fun.
Adams pointed out how...
FCT Minister Wike is upset about empty land at Abuja University. On Friday, he checked roads near the EFCC school and noticed how much space sits unused. The school grabbed over 10,000 hectares but built very little there. Wike asked reporters why any school needs that much empty space. He thinks holding big chunks of dirt makes no sense if nothing happens to them.
Many schools across Nigeria work just fine with smaller pieces of land because they focus on buildings instead of size. Big empty fields help nobody learn anything. The minister believes great schools need classrooms and labs, not endless grass and trees. He plans to take back any land left sitting empty. The government wants places where things happen, not just fenced-off...
The IMF is worried about the new import taxes America just added. These changes came on April 2nd, when President Trump called for at least 10% extra costs on goods from other lands. He named this day "Liberation Day" during his announcement. Money experts fear these taxes might hurt businesses around the world.
The big money group asked countries to calm down trade fights through friendly talks instead. IMF leader Kristalina Georgieva said her team still looks at what these taxes mean for everybody. She thinks they create big dangers when world business already moves slowly. She asked America plus other countries to fix these problems together before things worsen.
The IMF plans to share what it learns about these taxes later. Their...
