News

Africa favours China as US relationship deteriorates due to disturbing pattern that ‘inflicts harm but expects loyalty’, analysts say.
Total trade between China and Africa was worth $296bn in 2024. Yet the value of what China exported west ($179bn) was much higher than what Africa sent east ($117bn). This year, partly as a result of ...
South Africa vows to expand its trade portfolio to create more balance and tackle a growing trade deficit which heavily ...
Chinese customs will implement zero-tariff treatment for 53 African countries with diplomatic ties to China in a bid to use ...
South African central bank chief Lesetja Kganyago flagged that dollar depreciation because of US tariffs and deflation in ...
By Itumeleng MakgetlaSouth Africa faces a tough choice between appeasement, alignment, and long-term economic independence as ...
As Western markets turn hostile towards Chinese electric vehicles, BYD – the world’s largest EV maker – is investing heavily ...
President Trump has placed a 50% tariff on copper imports beginning on August 1, in line with tariffs on steel and aluminum ...
Zero-tariff treatment was only available to 33 African countries previously. China is now the continent’s largest trading partner, with total trade reaching nearly US$300 billion in 2024.
President Donald Trump has threatened 10% tariffs on BRICS members—Brazil, Russia, India, China, and South Africa—for ...
NAIROBI (Reuters) -China will negotiate and sign a new economic pact with Africa that will get rid of all tariffs on the 53 African states it has diplomatic ties with, it said, a move that could ...
U.S. President Donald Trump's new Africa strategy shifts from aid to trade under a "commercial diplomacy" push, urging ...