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Africa Business News

Africa Business News

著者: Africa Business Radio
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Daily news insights and analysis of the African business Landscape, covering from emerging startups to macroeconomics from across the 55 African Union member states com.

Become a supporter of this podcast: https://www.spreaker.com/podcast/africa-business-news--4166630/support.Copyright Africa Business Radio
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  • BRICS Nations Slam Trump Tariffs, Condemn Strikes On Iran
    2025/07/07
    BRICS leaders at a summit took aim at US President Donald Trump’s “indiscriminate” import tariffs and recent Israeli-US strikes on Iran. The 11 emerging nations — including Brazil, Russia, India, China, and South Africa — account for about half the world’s population and 40 per cent of global economic output. BRICS members says the tariffs risked hurting the global economy, according to a summit joint statement. Trump says any country aligning themselves with the anti-American policies of BRICS will be charged an ADDITIONAL 10% Tariff. There will be no exceptions to this policy. Trump has warned he will impose unilateral levies on partners unless they reach “deals” by August 1.

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  • Elon Musk Set To Launch New Political Party
    2025/07/07
    Elon Musk says he is launching a new political party, weeks after dramatically falling out with US President Donald Trump. The billionaire announced on his social media platform X that he had set up the America Party, billing it as a challenge to the Republican and Democratic two-party system. The Federal Electoral Commission had not published documents indicating the party had been formally registered.

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  • Namibia Halts All State Funerals Amid Criticism Of The High Cost
    2025/07/07
    The Namibian government has announced a temporary ban on state funerals amid criticism over the rising costs of these burials. Only President Netumbo Nandi-Ndaitwah has the power to exempt funerals from the moratorium, the government said. Minister of Information and Communication Technology Emma Theofelus says the moratorium would last until April 2026, while a review committee looks into the "criteria and processes associated with bestowing official funerals". Ms Theofelus added that a committee consisting of "no more than seven members" would be established to lead the review. The government has not said whether the decision was related to mounting criticism of the increasing costs of the numerous state funerals as reported by local media.

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