South Africa’s rand fell on Monday as markets reacted to U.S. President Donald Trump’s threat to impose additional tariffs on BRICS-aligned countries, while also awaiting updates on country-specific levies ahead of Washington’s looming July 9 deadline. Trump said on Sunday in a post on Truth Social that countries aligning themselves with what he called the…
President Donald Trump on Tuesday announced tariffs of 25per cent on all steel and aluminium imports into the United States (U.S.). The Republican signed orders to this effect at the White House and said that the tariffs would apply without exceptions and to imports from all countries. “This is a big deal, the beginning of…
The National Civil Society Council of Nigeria (NCSCN) has called off its planned protest on 50 per cent hike on telecom tariffs. Mr Blessing Akinlosotu, the Chief Executive Officer (CEO) of NCSCN disclosed this during a press conference organised by the council on Monday in Abuja. He said NCSCN needed to embark on consultations and…
The Federal Government on Wednesday unveiled guidelines for the implementation of the “Zero Per cent Duty Rate and Value Added Tax” exemption on certain basic food items. The guidelines followed the announcement by the Minister of Agriculture and Food Security, Abba Kyari, on the suspension of duties, tariffs, and taxes on some specific imported food…
