Browsing: COVID-19

• Africa’s death rates from COVID-19 infections are significantly higher in patients with diabetes
• The disease causes inflammation and poor blood circulation, both of which increase the risk of complications, including death, from COVID-19
• In addition to people with diabetes, the three most frequent underlying conditions included patients with HIV and hypertension

New data indicates that Africa’s sharp increase in diabetes is clashing with the COVID-19 pandemic and poor access to vaccines.

Africa’s death rates from COVID-19 infections are significantly higher in patients with diabetes, according to a preliminary analysis which the World Health Organization (WHO) presented today in advance of the World Diabetes Day on 14 November.

Dr Matshidiso Moeti, WHO Regional Director for Africa said the COVID-19 pandemic will eventually subside, but Africa is projected in the coming years to experience the highest increase in diabetes globally.

“We must act now to prevent new cases, vaccinate people who have …

• The Foundation has announced a commitment of up to $120 million to accelerate access to the investigational antiviral drug molnupiravir 
• The Foundation said the funding will be allocated based on consultations with partners

The Bill & Melinda Gates Foundation has announced a commitment of up to $120 million to accelerate access to the investigational antiviral drug molnupiravir for lower-income countries as part of its COVID-19 response effort.

In a statement, the Foundation said the funding will be allocated based on consultations with partners, and will support the range of activities required to develop and manufacture generic versions of the drug, which is being developed by Merck & Co in collaboration with Ridgeback Biotherapeutics.

The commitment builds on the foundation’s ongoing efforts, including $1.9 billion in funding, since the start of the pandemic to increase access to COVID-19 vaccines, treatments, and tests by supporting R&D, regulatory work, at-risk manufacturing, and product …

• The region had drawn a number of important lessons from the pandemic especially in relation to the economic sectors that were hard hit such as tourism
• EAC citizens should be charged local rates while entering public tourist sites such as national parks and reserves that are distributed across the region
• EAC Partner States should also diversify their tourism products by developing other products

East African Community Partner States lost 92% of revenues in the tourism sector due to the COVID-19 pandemic, with arrivals to the region falling from 6.98 million arrivals before the pandemic to 2.25 million arrivals occasioning the losses.

EAC Secretary General Hon. (Dr.) Peter Mathuki however noted that the region was now open again for business, and urged EAC Partner States governments and other stakeholders to work together to market the region’s tourist attractions and products as part of efforts to ensure speedy recovery for the sector.…

Interesting market developments encircled WPP ScanGroup in this review period. The counter’s share price has been on a rally albeit a sharp decline in its bottom line (-1,191.1% y/y) in the just-released FY20 results.

The uptick – that comes after a sequential diminution – is on the back of the exoneration of the suspended senior management that boosted investor confidence given the fact that there was no adverse effect on the counter’s financial performance, position and/or operations linked to the aforementioned. We opine that the rally will continue in the near term to 2Q21 levels as investors accumulate on the earlier exited positions.…

Kenya Airways has reduced its half-year loss by 19.6 per cent to Sh11.5 billion, from Sh14.4 billion posted during a similar period last year, on account of cost-cutting initiatives implemented during the period.  

In a statement, the airline says the measures helped to partially offset a deceleration in revenues.

During the period under review, the airline’s total operating costs declined by 10.4 per cent to Sh34.6 billion from Sh38.6 billion recorded the previous period.

Meanwhile, total revenue reduced by 9 per cent to Sh27 million, which is attributable to the cessation of domestic scheduled operations in the month of April 2021.

Read: African airlines’ passenger traffic increase by 9.9 per cent in six months to June 2017

It was also on the back of travel restrictions, and lockdowns due to a surge in virus cases in key domestic and international markets including the UK, India, China, UAE, and the US.…

The next step in harmonizing policies and operating modules, is the need centralizing the related revenue administration and collection, because; “When we harmonize our tax administration we shall not compete with each other as EAC member states,” the sector experts reasoned.

There is also the matter of Visa fees which gravely affect the ability of traders to move between countries. It is now expected that the Republics of South Sudan, Uganda, and Kenya will expedite the removal of visa fees while the rest of the EAC partner states still need to remove what was described as ‘discriminatory fees, levies, and charges’ that hinder trade and persons movement across borders.…

Kenya received a further 180,000 doses of AstraZeneca vaccine on Friday, even as the number of those who have been vaccinated surpass 1.7 million.

In a statement, the Ministry of Health says the addition will serve as a boost to the ongoing vaccination efforts amid increased Covid-19 cases across the country.

So far, a total of 209, 823 cases have been reported Kenya.

The latest consignment, which was a donation from the Greek government, pushes the number of vaccines received in the country to 2,323,100.

Speaking at JKIA after receiving the consignment, National Taskforce on Vaccine Deployment Chair Dr. Willis Akhwale said the donation was a welcome boost to the ongoing vaccination exercise.

Akhwale said the government expects to have vaccinated 10 million people by the end of this year.

At the same time, Deputy Head of mission at the Embassy of Greece in Kenya Counsellor Sotirios Demestichas, said the …