COVID-19: Rwanda issues warning over price hikes

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Rwanda’s Prime Minister, Edouard Ngirente declared a countrywide lockdown and only essential services will be allowed to remain in operation. Moreover, Trade and Industry ministry has moved to regulate prices of foods items, sanitation and pharmaceutical commodities after the coronavirus outbreak sent their costs soaring. Economic Analyst, Ted Kaberuka joins CNBC Africa for more.

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Moody’s downgrades SA to junk

The action will result in South Africa's expulsion from the World Government Bond Index (WGBI), as a consequence those funds tracking this index as a benchmark will become forced sellers.

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Government’s response to Moody’s downgrade of SA to junk status

Covid-19 and South Africa's downgrade to junk will truly test South African financial markets.

Moody’s downgrades SA to junk

The action will result in South Africa's expulsion from the World Government Bond Index (WGBI), as a consequence those funds tracking this index as a benchmark will become forced sellers.

COVID-19 UPDATE – Top cop Cele slams drinking in the face of death.

“These people don’t have the good will and were doing something they were told not to do. Some were opening up a street bash at midnight. Some were taking bush chairs and sitting under trees to drink.

How hospitality is being destroyed by an unwelcome guest – COVID-19

“Our business is bringing people together and the outbreak simply stopped people coming together."

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