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UK economy staggers

Harrison Mason
United Kingdom UK economic growth slowed as US President Donald Trump’s tariffs hit and businesses grappled with higher costs, official figures show. A measure of everything produced in the economy, gross domestic product (GDP), expanded just 0.3% in the three months to June, according to
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Business

US and China extend trade truce

Oakley Mason
USA United States President Donald Trump on Monday extended a trade truce with China for another 90 days, delaying once again a dangerous showdown between the world’s two biggest economies. Trump posted on his Truth Social platform that he signed the executive order for the extension, and that “all other elements of the Agreement will remain […]
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Business News

Food price drop in Egypt

Ethan Asher
Nigeria Egypt’s urban inflation rate fell to 13.9% in July, down from 14.9% in June, signaling a modest improvement in the country’s economic conditions. The monthly inflation rate also saw a more pronounced decline, dropping to -0.6% compared to -0.1% in the previous month, indicating a broader reduction in prices. The Central Agency for Public […]
south africa
Business

South Africa and Trump deepens talks on tariffs

Eric Jabulani
South Africa President Cyril Ramaphosa of South Africa held a telephone conversation with U.S. President Donald Trump on August 6, 2025, focusing on bilateral trade issues and ongoing negotiations. Despite recent setbacks over high tariffs, both leaders committed to continuing discussions through their trade teams. The call comes against the backdrop of a 30% U.S.
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Business

Vietnam and Egypt strengthens partnership

Ethan Asher
Egypt On August 5, 2025, Vietnamese President Lương Cường and Egyptian President Abdel Fattah El‑Sisi signed a joint statement formally elevating bilateral relations to a Comprehensive Partnership, ushering in a new era for cooperation after six decades of diplomatic ties. Both leaders reaffirmed their commitment to deepening political trust and implementing breakthrough
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Business News

South Africa dialogues with Trump over Tariff

Andrew Mbeki
South Africa South African President Cyril Ramaphosa on Friday pledged to pursue all diplomatic efforts to safeguard national interests, as a 30-percent tariff imposed by the United States is set to take effect. According to a statement released by the presidency, South Africa will continue to negotiate with the United States regarding the 30 percent […]
Business

Japan bets big on African innovation

Chung Fang
Japan As the ninth edition of TICAD approaches, Japan is doubling down on its collaborative investment and innovation agenda across Africa. Tokyo’s development agency, JICA, says the focus will remain on climate resilience, infrastructure, and human capital development—key pressure points as Africa’s youth unemployment crisis deepens and protectionist trade policies

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