Another Trump trade war, this time with Rwanda over clothes

The used clothes cast off by Americans and sold in bulk in African nations, a multimillion-dollar business, have been blamed in part for undermining local textile industries. Now Rwanda has taken action, raising tariffs on the clothing in defiance of U.S. pressure. In response, the U.S. says it will suspend duty-free status for clothing manufactured in Rwanda under the trade program known as the African Growth and Opportunity Act.

Read more

SA companies leading integration across Africa

SA companies leading integration across Africa
Apr 04 2018 21:00 Lameez Omarjee

It’s ‘wait and see’ for the rand as markets track US/China trade war
Zambia partially lifts ban on SA listeriosis-risky food
Curse of Zuma lingers even as SA savours junk reprieve
SA wants more clarity before signing African free trade plan
US steel and aluminium tariffs a risk for local jobs – Davies
SA asks for exemption from Trump metal tariffs

Cape Town – South African companies are leading the way to support economic integration across Africa, research by the Boston Consulting Group (BCG) has found.

The research report released on Tuesday, titled Pioneering One Africa: African Corporations Trail-Blazing Across the Continent, shows that economic integration across Africa is increasing.

The primary drivers of the integration are by companies within the continent, according to the report. BCG identified 150 companies supporting integration in the continent. Among the 75 companies in Africa, 32 are based in South Africa and are contributing to integration on the continent.

Read more

Africa deserves better than what Tillerson went to give

Turns out Rex Tillerson’s voyage to Africa was the trip of no return. His tenure as secretary of state is finally ending, but with a whimper. His last hurrah as the top U.S. diplomat came in the form of a half-baked tour to Djibouti, Kenya, Chad, Nigeria and Ethiopia — all key U.S. allies on security and counter-terrorism.

Read more

China “gifted” the African Union a headquarters building and then allegedly bugged it for state secrets

The hack wasn’t detected until Jan. 2017 when technicians noticed that between midnight and 2 am every night, there was a peak in data usage even though the building was empty. After investigating, it was found that the continental organization’s confidential data was being copied on to servers in Shanghai.

Read more
Please like us:Already liked? You can close this