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Business - Page 11

Somalia Ends UAE Deals Over Sovereignty Concerns

Somalia has taken a decisive step in its foreign relations by cancelling all agreements previously signed with the United Arab Emirates, saying the Gulf state’s recent actions threaten the country’s sovereignty and national unity. The announcement marks a new chapter in the
January 14, 2026

Tanzania To Ban Agric Imports From South Africa,Malawi

Minister of Agriculture  Hussein Bashe has reaffirmed Tanzania’s decision to ban agricultural products from South Africa and Malawi starting next Wednesday, unless those countries lift their embargo on Tanzanian goods. During a meeting in Dodoma with stakeholders involved in the Building a
April 17, 2025

Tariffs Force Shein and Temu to Raise Prices

Chinese-founded e-commerce giants Shein and Temu have announced they will soon raise prices for U.S. customers, citing the impact of new tariffs introduced under policies backed by  President Donald Trump. The changes come as part of a broader U.S. push to tighten
April 17, 2025

China Warns U.S. Against Global Dominance Push

China has issued a stern warning to the United States, saying it cannot expect to impose its will on the rest of the world. The message, delivered through high-ranking officials and state media, reflects Beijing’s growing frustration with Washington’s recent trade moves,
April 14, 2025

Trump Open to New Deal with China

 President Donald Trump has expressed openness to negotiating a new trade deal with China, as tensions between the two global powers continue to escalate. The White House confirmed this stance, with Press Secretary Karoline Leavitt emphasizing the President’s readiness to engage in
April 12, 2025

China Raises U.S. Goods Tariffs to 125%

Tensions between China and the United States deepened on Friday after Beijing announced a sweeping increase in tariffs on American imports, raising them to 125% starting Saturday. The decision comes in direct retaliation to Washington’s latest hike on Chinese goods — a
April 12, 2025

Geopolitical Tensions Boost Gold Revenues In Tanzania

Tanzania has witnessed a remarkable rise in gold revenues, fueled by increasing geopolitical tensions worldwide. Over the past six years, the price of gold has skyrocketed by an average of 88.12%. In times of uncertainty, investors are gravitating towards safe-haven assets, and
April 11, 2025
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