Reuters

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Uganda to seek $190 mln from World Bank to cushion coronavirus blow

Uganda will request the World Bank for a loan of $190 million to help cushion its economy from the impact of the coronavirus pandemic, its finance minister said.

MTN drops prices on monthly data bundles

South Africa’s MTN has agreed to reduce the cost of its monthly data bundles of 1 gigabyte (GB) and below by between 25% and 50% from April, following a finding that the country’s mobile data prices were the highest on the continent, the telecoms firm said on Friday.

COVID-19 cases rise to 202 in South Africa

South Africa’s Health Minister Zweli Mkhize said on Friday that the number of confirmed coronavirus cases had risen by 52 to 202, with the first cases recorded in the Free State province.

Militant attack kills 29 Malian soldiers – army

There was no immediate claim of responsibility for the attack in the town of Tarkint, which is about 125 km (78 miles) north of the city of Gao. Mali’s army has repeatedly suffered heavy casualties from jihadist fighters active in the area with links to al Qaeda and Islamic State.

S.Africa to erect 40km fence on Zimbabwe border as coronavirus measure

South African authorities announced on Thursday they would erect a fence along its border with Zimbabwe to prevent illegal immigrants from entering and spreading the coronavirus.

Panic buying forces South African supermarkets to ration food

As the spread of the infection triggers panic buying across the world, South African retailers are saying they are working with their suppliers to ensure a consistent supply of products like meat and canned food, and medicine.

SARB delivers 100 bps rate cut to fight coronavirus fallout

The South African Reserve Bank (SARB) cut its main lending rate by 100 basis points to 5.25% on Thursday in a unanimous decision, citing a dire local and global economic outlook due to the deepening impact of the coronavirus pandemic.

Africa talks tough against coronavirus but many wonder why

A growing number of African countries are announcing increasingly restrictive measures to try to halt the spread of the virus, which has infected more than 200,000 people globally and killed nearly 9,000. They have shut borders, closed schools and universities and barred large public gatherings.

Reuters

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