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Kenya: It’s time we prioritize the textile and apparel industry

COVID-19 pandemic has caused an unprecedented disturbance on social, political and economic structures all over the world. World leading economies have been brought to an almost complete halt. International Monetary Fund (IMF) has warned of a recession that is expected to be as bad or worse as that experienced during the global financial crisis of […]

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COVID-19: We don’t have money to buy food – Buhari

President Muhammadu Buhari has urged farmers to return to their farms in order to provide food for Nigerians, as there is no money for importation. Buhari, while speaking with State House reporters after Eid prayers on Sunday, also prayed for a favourable raining season. “I hope the raining season would be bountiful so that we […]

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Business: Gordhan Stakes Clout for South Africa on Reviving Airline

Pravin Gordhan, South Africa‘s minister for public enterprises, is staking his own credibility and that of President Cyril Ramaphosa‘s government on the creation of a new airline out of the ashes of the bankrupt national carrier. Hit by the loss of the country’s last investment-grade rating on its sovereign debt and the COVID-19 pandemic, Ramaphosa […]

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Breaking: Voluntary ‘baby abandonment’ soars in South Africa

A Johannesburg NGO ‘Door of Hope’ is concerned more families will abandon their babies as the economic situation worsens during the coronavirus lockdown. They say Since South Africa shutdown at the end of March they have received seven new babies and are at full capacity. The organisation makes use of what is called a ‘baby […]

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Potential Coronavirus vaccine shows promising sign in early results

An early trial of a prospective COVID-19 vaccine that will soon be tested on Canadians has found it to be safe and also prompted an immune response. A study published Friday in the Lancet journal said the formulation from China’s CanSino Biologics Inc. needs more trials to determine whether it can actually protect against SARS-CoV-2, […]

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Nigeria: NAPPS suggests phased reopening of schools

Private school owners in the country under the aegis of the National Association of Proprietors of Private Schools, NAPPS, have called on the Federal Government to embark on a gradual reopening of schools in the country, beginning with students in terminal classes such as primary 6, Junior Secondary School Class Three and Senior Secondary School […]

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Economic distancing: 60 million face extreme poverty – World Bank

The coronavirus pandemic and its economic consequences could push as many as 60 million people into extreme poverty. The World Bank warns that the progress made over the past three years in the fight against poverty could be wiped out. Living on less than $1.90 per person per day is how the financial institution defines […]

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Burundi awaits poll results as opposition alleges fraud

Polling station closed across Burundi on Wednesday in a largely incident free process in keenly watched general elections. The polls will usher in the post-Pierre Nkurunziza era. But voters also cast ballots for lawmakers and local level representatives. Internet connectivity for social media and messaging apps were blocked early Wednesday morning. Burundians stood in long […]

Impact of Covid-19 on African economies; a look at Nigeria

The COVID-19 pandemic and related measures have brought the world’s economy nearly to a total halt. A UN report released on May 12 projects the global economy to contract by 3.2% this year. World trade is forecast to shrink by nearly 15% amid sharply reduced demand and disruptions in global supply chains. The report known […]

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Breaking: South Sudan VP, wife test positive for COVID-19

South Sudan Vice President Riek Machar tested positive for COVID-19 on Monday, his office said. In a statement, the office said Machar’s wife Angelina Tang, who serves as defense minister, also tested positive for the virus. According to the statement, the vice president will self-quarantine for two weeks. Some office workers and bodyguards also tested […]

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NNPC set to build hospitals in 14 states

To strengthen the nation’s health sector, the Group Managing Director of the Nigerian National Petroleum Corporation (NNPC), Mele Kyari, is set to build robust medical facilities in 14 states. He made the disclosure in Abuja during the hand over of the 20 ventilators donated by Ocea S.A through Mystrose Defence Systems Limited to the Federal […]

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News: India sends hydroxychloroquine to Africa in war on COVID-19

India is spending around $16 million — half of it in Africa — on pharmaceuticals, test kits and other medical assistance for some 90 countries battling the COVID-19 pandemic. The South Asian nation has already sent consignments of hydroxychloroquine (HCQ), paracetamol and other drugs to 25 African countries at a total cost including transportation of […]

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Burundi set to go to polls amid fears authorities playing down Covid-19

Millions of voters in Burundi will go to the polls on Wednesday to elect a new president in the first competitive election since a decade-long civil war began in 1993. Amid concern that authorities are deliberately playing down the threat posed by the coronavirus pandemic, seven candidates are seeking to replace the incumbent Pierre Nkurunziza, […]

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Business: Mango Airlines to cut employee salaries by 50%

Mango Airlines, the low-cost wing of SAA, is set to cut its employees’ salaries by up 50percent. Public Enterprises Minister Pravin Gordhan told Parliament during a briefing on the state of state-owned entities including SAA, Eskom and Transnet that Mango’s employees had taken salary cuts voluntarily. Gordhan said the salary cuts would be made beased […]