US President Donald Trump is set to announce his nominee to replace Federal Reserve Chair Jerome Powell, with former Federal Reserve Governor Kevin Warsh emerging as the leading contender.

 Markets have rallied, and prediction markets heavily favour Warsh, who is widely expected to be named when Trump makes the official announcement. Channel Africa’s Economics Reporter, Innocent Semos, spoke to Nolan Wapenaar, Head of Fixed Income at Anchor Capital, about the developments at the US Federal Reserve.

US President Donald Trump is set to announce his nominee to replace Federal Reserve Chair Jerome Powell, with former Federal Reserve Governor Kevin Warsh emerging as the leading contender.
&nbsp;Markets have rallied, and prediction markets heavily favour Warsh, who is widely expected to be named when Trump makes the official announcement. Channel Africa&rsquo;s Economics Reporter, Innocent Semos, spoke to Nolan Wapenaar, Head of Fixed Income at Anchor Capital, about the developments at the US Federal Reserve.

In-depth financial issues, profiling of African businesses doing well internationally, stocks & market updates.

In-depth financial issues, profiling of African businesses doing well internationally, stocks &amp; market updates.

Business Africa

Africa in Business

Trump to announce his nominee to replace Federal Reserve Chair Jerome Powell

Victor Kgomoeswana, Author of Africa Is Open for Business and Africa Bounces Back, and the Executive Director for Marketing and Communication at the University of Limpopo, rounds up the business news that made headlines this week.

Victor Kgomoeswana, Author of Africa Is Open for Business and Africa Bounces Back, and the Executive Director for Marketing and Communication at the University of Limpopo, rounds up the business news that made headlines this week.

Business round‑up with Victor Kgomoeswana

Decode, a pan‑African strategic communications and advisory firm, has published the 6th edition of its annual South African Government Leaders on X (formerly Twitter) report, under the theme “Year of Reckoning and Resilience.”

The study highlights stark contrasts across government departments and State‑Owned Companies (SOCs) in 2025. It reveals that while some institutions faced significant challenges around credibility and accountability, others recorded notable improvements in both operational performance and public reputation.

Thami Ngubeni spoke to Lorato Tshenkeng, the Chief Executive Officer at Decode.

Decode, a pan‑African strategic communications and advisory firm, has published the 6th edition of its annual South African Government Leaders on X (formerly Twitter) report, under the theme &ldquo;Year of Reckoning and Resilience.&rdquo;
The study highlights stark contrasts across government departments and State‑Owned Companies (SOCs) in 2025. It reveals that while some institutions faced significant challenges around credibility and accountability, others recorded notable improvements in both operational performance and public reputation.
Thami Ngubeni spoke to Lorato Tshenkeng, the Chief Executive Officer at Decode.

Decode releases the 6th edition of its annual South African Government Leaders on X report

South Africa is considering imposing tariffs of up to 50% on vehicles imported from China and India, in an effort to protect its domestic automotive industry from a surge in imports. 

The country’s Department of Trade, Industry and Competition (the dtic) is reportedly conducting an internal review to assess potential measures aimed at curbing inbound shipments, which policymakers say are undermining local manufacturing.

Meanwhile, the Motor Industry Staff Association (MISA), a trade union, has criticised the proposal, arguing that the government should not protect one sector at the expense of others. Thami Ngubeni spoke to Ayabonga Cawe, the Chief Commissioner of the International Trade Administration Commission of South Africa (ITAC).

South Africa is considering imposing tariffs of up to 50% on vehicles imported from China and India, in an effort to protect its domestic automotive industry from a surge in imports.&nbsp;
The country&rsquo;s Department of Trade, Industry and Competition (the dtic) is reportedly conducting an internal review to assess potential measures aimed at curbing inbound shipments, which policymakers say are undermining local manufacturing.
Meanwhile, the Motor Industry Staff Association (MISA), a trade union, has criticised the proposal, arguing that the government should not protect one sector at the expense of others. Thami Ngubeni spoke to Ayabonga Cawe, the Chief Commissioner of the International Trade Administration Commission of South Africa (ITAC).

Trump to announce his nominee to replace Federal Reserve Chair Jerome Powell

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