Browsing: Coronavirus in South Africa

Africa second-largest economy, South Africa—is anticipating to reopen its economy by easing its nationwide lockdown.

According to information from Bloomberg, South Africa’s government announced the plans for the reopening on Wednesday.

South Africa—which had the most strict lockdown perhaps in the entire region, has taken the imitative due to business leaders constant pressure on South African President Cyril Ramaphosa, to take back the economy to its normal life, arguing that the lockdown does more harm and could do more harm to the economy over time.

The South African government rolled in a 21-day lockdown on March 27 to fight the virus spread, but then added two more weeks.

The lockdown has been used as the preparing base to levitate the health system, as nearly 25,000 beds were added for quarantine, personal protective equipment and other supplies, according to information from Bloomberg.

Speaking to his countrymen via a televised address, …

The globe is at a stand-still position and Africa is hurting and expected to also sustain serious repercussions from the novel coronavirus (COVID-19) pandemic, which has already claimed nearly 2,000 lives, infected over 60,000 people and around 21,000 managed to recover According to the latest data by the John Hopkins University and Africa Center for Disease Control on COVID-19 in Africa.

The pandemic has brought rather crucial ideas from South Africa’s President and African Union chairperson Cyril Ramaphosa on Africa requesting a two-year debt standstill to provide governments with the fiscal space to fight the coronavirus pandemic.

As the world strives to attain a balance between staying safe and breathing life back to the economy, Africa is taking the entire perspective of the pandemic on its axis, while other nations move around several measures, some African nations have managed to somewhat contain the virus to a certain extent.

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The novel coronavirus pandemic (COVID-19) has brought the skies down, even the aviation industry is not safe from the virus wrath. In this case, the African aviation industry is vulnerable, as the international body predicted earlier that, the pandemic would hurt the sector hard, as carriers.

According to information from Bloomberg, Africa’s biggest carriers, Ethiopian Airlines, South African Airways and Kenya Airways are among national airlines staring at mounting losses and the destruction of growth plans put in place before the COVID-19 outbreak.

The International Air Transport Association (IATA) said last week, African carriers may lose $4 billion in 2020 revenue as demand for travel around the continent grinds to a halt.

All three of Africa’s biggest carriers have to find a resolution to ensure amicable solutions reach as carriers “will, in some shape or form, have to enter into conversations with their respective governments about bailouts,” Mike Mabasa, chairman …

Over 46 African nations are feeling the coronavirus pandemic pinch, and much more scenarios are unveiled as days go.

Mandatory curfews are some of the measures being rolled out in East Africa (Kenya, and Uganda), Tanzania’s with hotels running low on customers and even considering a  possible shut-down. The tourism industry is slowing down too.

However, the COVID-19 could also cause serious trouble, within economic lines for Africa, as the world economy hangs in the balance.

According to information from Bloomberg, the fear of the pandemic could trigger investors to exit markets.

Few emerging-market currencies have been spared as the spread of the coronavirus causes investors to dump riskier assets and the dollar to surge. But Africa has been hit harder than most — and the signs are there’s worse to come.

Kenya’s shilling, Angola’s kwanza and Zambia’s kwacha have all fallen to record lows this month. Ghana’s cedi and …

It is now a fact that the coronavirus (COVID-19) outbreak is a pandemic according to World Health Organization (WHO), and just from that stand-point, the tourism sector is not safe from the pandemic pinch.

The world is on its heels, nations are now rolling a series of aviation restrictions to curb the virus outbreak, limiting numerous economic and societal operations over space and time—which also have ripple effects on the continent’s tourism sphere.

Currently, more than 4,900 people have died and over 132,000 have been infected globally, according to the WHO.

In Africa—the virus has recently brought two death (in Egypt and Algeria) and serious cases in several nations, including Ethiopia, Morocco, Senegal, Nigeria, Egypt, Algeria, Tunisia, Democratic Republic of Congo (DRC), South Africa, Togo, and Kenya.

According to WHO, there are now more than 100 cases recorded in 11 countries in Africa, Egypt having more than half of the …