Economy
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Economy
Germany launches smartwatch app to monitor coronavirus spread
Date:Apr 7, 2020
Germany's public health authority launched a smartwatch app on Tuesday in partnership with healthtech startup Thryve to help monitor the spread of Covid-19 and analyse whether measures to contain the novel coronavirus pandemic are working.
Kenya shields dairy farmers with import levy
Date:Apr 7, 2020
Kenya has introduced a 10 % import levy on dairy products to protect the industry from unfair competition.
France's Total sells assets in Brunei, Sierra Leone, Liberia
Date:Apr 7, 2020
Total said on Tuesday it had sold assets in Brunei, Sierra Leone and Liberia, which the French energy group said represented a total value of more than $400 million.
Safaricom, Vodacom finalise M-Pesa acquisition from Britain's Vodafone
Date:Apr 7, 2020
Kenya’s leading telecom firm Safaricom and South Africa’s Vodacom said on Monday that they had completed the acquisition of popular mobile money platform M-Pesa from Britain’s Vodafone.
Shoprite Group rolls out new social distancing and hygiene measures
Date:Apr 7, 2020
Shoprite Group, the biggest food retailer in Africa, had rolled out new social distancing and hygiene measures, including temperature testing and mobile clinics for its employees to help ensure its stores remained safe during the Covid-19 pandemic.
MSC unveils new flexible cargo service
Date:Apr 7, 2020
The Mediterranean Shipping Company (MSC) has unveiled a Suspension of Transit (SOT) programme, to fast-track the resumption of the supply chain from Asia in the immediate post-coronavirus pandemic.
Zimbabwe’s President issues directive on money transfers
Date:Apr 7, 2020
The Reserve Bank of Zimbabwe (RBZ) has been directed to ensure that money transfer service systems are working efficiently and are accessible to the public, especially for processing of financial international remittances.
Over 20 000 South Africans stand to benefit from Oppenheimer funding
Date:Apr 7, 2020
Some small businesses are already receiving financial assistance from The South African Future Trust, established by Nicky and Jonathan Oppenheimer to offer an initial $54 million in support to small and medium enterprises impacted by Covid-19.
World Bank approves over $7.60 million to help Sierra Leone to combat Coronavirus
Date:Apr 7, 2020
The World Bank has announced that it has approved over $7.60m International Development Association grant to help Sierra Leone respond to the threat posed by the Coronavirus outbreak and also strengthen the country's public health system preparednes.
African competition authorities respond to OVID- 19 crises
Date:Apr 7, 2020
The increase in confirmed Covid-19 cases in Africa has led to innumerable complaints of anti-competitive conduct from customers and consumers across the continent,who have expressed concerns over sudden price hikes of healthcare and hygiene products.
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