India has a better geo-political standing however it has not fully harnessed these relationships for the political (including resolving issues with Pakistan) or economic advancement. India has joined WTO since its foundation, but even now its total trade volume is less than Hong Kong.
“There has been considerable uncertainty and speculation about the capacity of both the West African Economic and Monetary Union (Waemu) and the Economic and Monetary Community of Central Africa’s (Cemac) to absorb these shocks and to protect the value of their respective regional currency pegs to the euro,” writes economist, George Ott.
Op-Ed: South African businesses call for urgent end to lockdown
“I am concerned that our government’s lockdown approach and the subsequent economic hardship inflicted on our people will cost more lives than it can save,” writes Andrew Lapping, Chief Investment Officer at Allan Gray.
The World Bank will grant Zimbabwe $7m to help fight the economic damage caused by the Covid-19 pandemic.
We are in a battle against time to curb the COVID-19 pandemic. While tackling the Coronavirus pandemic has grabbed global attention, a new crisis that could claim a lot more lives is brewing in Africa: massive locust invasions.
Two-day talks between stakeholders were concluded, with Deputy Prime Minister Monyane Moleleki and South African mediator Jeff Radebe signing an agreement which stated that, among other things, the processes of Parliament must continue to ensure that Mr Thabane will leave office with “dignity, grace and security”.
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