Octodec Investments says in its Unaudited Interim Results, that the period under review was plagued by political and policy uncertainty which weighed heavily on consumer confidence and local economic growth. The group says total revenue earned on a contractual basis increased by 3.5 per cent and property operating expenses increased by 2.2 per cent compared to the prior comparative period. Octodec’s board declared an interim dividend of 101.7 cents per share for the six-month. Jeffrey Wapnick, Managing Director of Octodec joins CNBC Africa for more.
Community testing for COVID-19 supported by the Ministry of Health & World Health Organization (WHO) in Mombasa, Kenya. These campaigns are essential for ensuring people with the virus are discovered & treated & to break the chain of onward transmission.Distributed by APO Group on behalf of WHO Regional Office for Africa.Media filesDownload logo
New cases: 13 Confirmed cases: 909 At Isolation Centres: 371 Recovered: 491 Deaths: 47 In quarantine: 1,782 Out of quarantine: 4,757 Gender Confirmed Female - 466 Male - 443 Places Confirmed cases by district Bo 47 Bonthe 28 Bombali 20 Falaba 4 Kailahun 19 Kambia 1 Karene
Coronavirus – Joint action against malaria: European Investment Bank, European Commission and Investitionsbank Berlin inaugurate €70 million fund
Download logoEU Malaria Fund closes with an initial €70 million to support scientifically promising projects not yet pursued by the pharmaceutical industry; the fund is backed by InnovFin EU and the European Fund for Strategic Investments, joint initiatives of the EIB and the European Commission; first fund investment: €24.8 million for two companies, whose malaria R&D could potentially lead to secondary use against COVID-19. The European Investment Bank (EIB), the European Commissi
Download logoDistribution by county: - Nairobi (44) - Mombasa (34) - Busia (20) - Uasin Gishu (12) - Kiambu (3) - Kajiado (3) - Nyeri (3) - Kilifi (2) - Garissa (1) - Laikipia (1)Distributed by APO Group on behalf of Ministry of Health, Kenya.
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In 2006, little known economics professor Nouriel Roubini warned that the US housing market was at risk of collapsing. Fast forward two years and it did, triggering the global financial crisis. Roubini, now known is Dr Doom is forecasting another economic depression, contradicting the consensus view the recovery from Covid-19 will be V-shaped. Dr Adrian Saville, CEO of Cannon Asset Managers joins CNBC Africa for more.
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