Revival of Consumer Demand in South Africa Signals Economic Recovery
South African firms are experiencing renewed demand due to improved power supply and declining inflation. Major companies report double-digit profit...
economics
GBTI Announces $4 Billion Profits for 2024, Emphasizing Digital Transformation
GBTI recorded $4 billion in after-tax profits for 2024, a 31% increase from 2023, alongside a 24% growth in total...
Mexico to Impose Retaliatory Tariffs in Response to U.S. Trade Measures
Mexico's President Claudia Sheinbaum declared that the nation will impose retaliatory tariffs on U.S. goods in response to recent U.S....
Trump Implements New Tariffs on Imports from Canada, Mexico, and China
The United States is implementing tariffs on imports from Canada, Mexico, and China. President Trump announced a 25 percent tariff...
US Tariffs on Canada and Mexico Begin: Implications for Consumers and Businesses
Effective March 4, 2025, the US imposed tariffs on imports from Canada and Mexico, raising concerns over increased consumer prices...
South Africa’s Economic Growth Reaches Four-Year Low in 2024
In 2024, South Africa's economy grew by only 0.6%, its lowest rate in four years, largely due to logistical challenges...
Trump’s Tariffs Ignite Trade War Concerns with Canada, Mexico, and China
President Trump's new tariffs on imports from Canada, Mexico, and China have sparked fears of a trade war, with retaliatory...
Favorable Business Environment in Kenya Attracts Investors, Says CEO
John Mwendwa, CEO of the Kenya Investments Authority, stated that Kenya's conducive business environment is attracting investors and creating economic...
South Africa’s Economic Growth Hits Lowest Level Since Pandemic in 2024
In 2024, South Africa's GDP growth reached only 0.6%, marking the slowest increase since the pandemic due to multiple factors...
Lebanon’s President Aoun Seeks Reactivation of $3-Billion Saudi Aid Package
Lebanon's President Joseph Aoun plans to meet Saudi Crown Prince Mohammed bin Salman to request the reactivation of a $3-billion...
