Sunday , September 15 2019
Home / Tag Archives: economy

Tag Archives: economy

China plans new tariffs on $75 bn of US imports

Beijing, China | AFP | China announced Friday it will hit US soybeans, lobsters, peanut butter and other imports worth $75 billion with new tariffs in retaliation for Washington’s planned duty hikes, further intensifying the bruising trade war between the world’s top two economies. The punitive tariffs of 5 to …

Read More »

Uganda slams report on ‘Huawei spying’

Uganda slams report Huawei helped spy on opposition leaders Kampala, Uganda | AFP |  Uganda on Friday denied a report that employees of Chinese telecom giant Huawei had aided a domestic spying operation targeting pop star turned opposition icon Bobi Wine. The Wall Street Journal reported this week that Huawei …

Read More »

I.Coast must overhaul key cocoa sector: World Bank

Abidjan, Ivory Coast | AFP |  Ivory Coast, the world’s largest cocoa producer, earns just a fraction of the crop’s potential value and must process it domestically and develop its distribution to fully reap the benefits, a World Bank report said Thursday. Cocoa accounts for 40 percent of the West African …

Read More »

S.African president admits economy ‘extremely weak’

Cape Town, South Africa | AFP | South African President Cyril Ramaphosa on Thursday described the country’s economic outlook as “extremely weak” as he vowed to speed up emergency funding for the debt-laden Eskom state power supplier. Ramaphosa delivered a downbeat economic assessment in his first state-of-the-nation address since the ruling …

Read More »