Browsing: COVID-19

TheCOVID-19 pandemic has brought into sharp focus governance on the African continent. The response from one country to another has differed and those that have fared well are those with strong discipline and efficient systems of governance. They are also countries where governments enjoy a high degree of trust from their citizens.  

Here are six key lessons that need to be highlighted that might serve as a blueprint on how to govern better.

Also read: How Africa controlled the spread of the global pandemic and reversed the trend

“Discipline is the bridge between goals and accomplishments”. The first lesson to be drawn is that you need leaders who are disciplined and can run government business with a certain degree of strictness. There are many on the continent who want to do the right thing but who lack discipline and are pulled in different directions. Just like

Covid-19’s impact on transportation in East Africa has been the greatest impediment to trade in the entire region. Due to the multiple medical tests that drivers are forced to undertake, the wait period has been a critical hinderance on goods being delivered on time. This has drastically changed much of the supply of goods and services from the two key ports of the region, namely the Mombasa Port in Kenya and the Dar es Salaam Port in Tanzania.  

With the global pandemic continuing its tirade, no corner in the world is spared.  Trade in Eastern Africa has severely been affected by internal and regional barriers inhibiting competitiveness of regional goods and services.  

Prior to the outbreak of COVID-19, for example, the port of Mombasa, the busiest in East Africa, handled approximately 27 million tonnes of cargo and processing more than one million containers. Following the pandemic, however, the

Top ten most valuable brands Africa-The Exchange

Revelations by the Brand Finance Africa 150 2020 Annual report indicate that COVID-19 has cost Africa’s brands $6.3 billion in brand value. This is based on an assessment of the enterprise value of brands across sectors in 2020. 

What’s in a name?

Good brand names create a financial value metric known as brand value. This refers to the worth of a brand in financial terms. In simple terms, how much would someone else pay for the brand. The value of a brand is determined by the earnings attributable to the performance of a brand and how much income the brand owner would receive by licensing the brand on to the market. 

Stronger brands are cross-cutting and usually operate across many markets with success. They are determined by the performance measured against competitors. 

A good brand translates to more profitable operations.

Who is Brand Finance?

Brand Finance is a brand valuation

The African art market has been on an exponential upward growth trajectory prior to the Covid-19 pandemic, but most recently is teetering on the brink of precipice, thrusting many artists in a conundrum; the status quo, only to be likened to painting a hollow canvasAccording to the Clare McAndrew’s report, ‘The Art Market 2020’,90% of art dealers had projected an increase in sales, heading into 2020, but the global pandemic has been diminishing this optimism and momentum. The latest Art Basel and UBS Global Art Market Report, indicates that global art sales achieved a total of $64.1 billion in 2019, 5% decrease from the 67.4 billion of 2018.  

The African art scene has long remained unseen, but the last five years have been profoundly fundamental in the growth of this budding industry. It has brought about a renaissance; crossing over a

kenya

Kenya Extends Curfew, Updates you should Know!

Kenya has extended the ongoing COVID-19 curfew for another two months. Making the announcement before press at the start of the week, Kenya’s President Uhuru Kenyatta said the nationwide curfew is intended to curb the spread of coronavirus.

Not only has the length of the curfew been pushed forward 60 days but also the day to day curfew hours have also been extended.

The curfew hours will now run from 11pm to 4 am having been extended from the previously 9 pm-4 am.

President Kenyatta went on to explain that even though there is a notable drop in the spread of COVID-19 infections, the country is better off taken utmost precaution so the trend does not take a turn for the worst.

It is reported that so far,  the country’s infection rate has dropped from the highs of 13 percent in June down