Rwanda has reimposed lock-down in parts of Kigali in a bid to prevent the spread of the coronavirus in other areas. Moreover, the Central Bank has announced that commercial banks have restructured loans amounting to about $679.5 million in a move to mitigate Rwandans from making monthly payments. During the same time, Equity Group Holdings ended its negotiations to acquire the banking businesses owned by Atlas Mara in Rwanda, Tanzania, Zambia, and Mozambique. Hudson Kuteesa, journalist with The Newtimes for more joins CNBC Africa for more.
The number of new confirmed COVID-19 cases across Britain each day has been falling from a peak of more than 6,000 in April to 650 in the latest figures released on Sunday, despite wider availability of testing.
“If we don’t adopt this best practice it could lead to a shutdown of business,” the Republican governor told local KLBK-TV in Lubbock, adding it was the last thing he wanted.
The African Union Commission said on Thursday it had launched a consortium for vaccine clinical trials to be headed by the Africa CDC, which aimed to secure more than 10 late stage vaccine clinical trials as early as possible.
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JOHANNESBURG (Reuters) - Zindzi Mandela, daughter of former South African president and liberation hero Nelson Mandela, has died, the spokesman of the...
The people who bring us the unfettered truth are becoming thinner and thinner on the ground. In these days of COVID-19 journalist jobs are disappearing faster than most. Ten years ago there were 10,000 journalists in South Africa. In March this year there were 5,000. In the last three months that number has dwindled to just 2,500, according to the South African National Editor's Forum. What next? Hopewell Radebe, Journalist with SANEF joins CNBC Africa for more.
More and more companies, engaging in price gouging, are finding themselves in a spot of bother, as consumers refuse to stand for it. The Competition Tribunal has confirmed three more consent agreements, relating to COVID-19 excessive pricing complaints. Since April, over 20 agreements have been confirmed. Bob Makukunzva, Lawyer at Gwina Attorneys joins CNBC Africa for more.
he vast market created by AfCFTA will provide an immediate boon to nascent plans being guided by the African CDC, NEPAD and others to produce various critical healthcare items such as pharmaceutical compounds, PPE and ventilators in countries such as Nigeria, South Africa and Kenya.
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“Zindzi Mandela was a household name nationally and internationally, who during our years of struggle brought home the inhumanity of the apartheid system and the unshakeable resolve of our fight for freedom.
Only eight countries in Africa - Algeria, Cape Verde, Djibouti, Egypt, Mauritius, Namibia, Seychelles, and South Africa - record more than 75% of deaths, according to the United Nations.
JOHANNESBURG (Reuters) - South Africa’s rand firmed early on Monday, helped by increased risk appetite as investors bet again on a global...
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