Coronavirus emergency kit: Preparation, symptoms, tips

16th March 2020

Countries around the world are closing borders and putting citizens under lockdown in a bid to contain the rapid spread of the new coronavirus outbreak, labelled a pandemic by the World Health Organization (WHO). The WHO’s declaration has increased pressure on governments to ramp up their response, sparking emergency action plans and upending life around […]

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Zimbabwe to go into Lockdown for 21 Days starting Monday

27th March 2020

PRESIDENT Emmerson Mnangagwa this evening announced that the country will be on lockdown for 21 days starting next Monday (30 March) as government steps up its fight against the coronavirus (Covid-19) pandemic. The pandemic has so far killed more than 22 000 individuals worldwide as of Thursday. There have been more than 510 000 cases […]

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Africa: Emerging Markets set to feel pain as investors dump riskier assets

27th March 2020

Few emerging-market currencies have been spared as the spread of the coronavirus causes investors to dump riskier assets and the dollar to surge. But Africa has been hit harder than most and the signs are there’s worse to come. Kenya’s shilling, Angola’s kwanza and Zambia’s kwacha have all fallen to record lows this month. Ghana’s […]

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RBZ: US Dollar reintroduced to ease Covid-19 pressure

27th March 2020

GOVERNMENT yesterday reintroduced the use of foreign currency as a stabilising measure as the coronavirus pandemic strikes. In a statement released Reserve Bank governor John Mangudya said the move was in response “to the financial vulnerabilities caused by the Covid-19 pandemic”. Government, through the Reserve Bank of Zimbabwe, would like to advise the public that […]

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West Africa prepares remote village health systems for coronavirus

26th March 2020

West African countries are using community health systems set up after the Ebola outbreak to detect and prevent the spread of coronavirus in remote areas, health experts said on Wednesday. After Ebola swept through the region from 2014 to 2016, countries like Senegal trained community workers to proactively check for symptoms and share health information […]

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IMF: Coronavirus to hit sub-Saharan Africa’s growth hard

26th March 2020

The spread of the coronavirus into sub-Saharan Africa will hit the region’s economic growth hard, with direct disruptions to people’s livelihoods, tighter financial conditions, reduced trade and investment and a steep drop in commodity prices, the International Monetary Fund said on Wednesday. In a blog posting on the IMF’s website, top officials in the Fund’s […]

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Projected Ad revenue to decline over Coronavirus

26th March 2020

Ad spending is falling off a cliff amid the COVID-19 pandemic and Facebook and Google, the two heavyweights in digital advertising, are expected to bear the brunt of the downturn in terms of sheer dollars lost. The two internet giants together could see more than $44 billion in worldwide ad revenue evaporate in 2020, Cowen […]

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Connectivity: MTN Uganda suspends mobile money transfer charges

25th March 2020

MTN Uganda, the country’s largest telecoms firm, has eliminated some charges on its mobile money platform to help spur greater use of digital transactions and discourage the use of cash as a way to potentially slow the spread of the coronavirus outbreak. Uganda has so far recorded nine cases of COVID-19. The company, which has […]

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Mixed feeling as Global Markets surge

25th March 2020

THERE was further financial turbulence on Tuesday when stock markets around the world climbed sharply higher, as investors grappled with the economic impact of the coronavirus. In Asia, shares opened sharply higher on Wednesday after the Dow Jones Industrial Average surged to its best day since 1933 with Congress and the White House nearing a […]

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Banks close branches, suspend some services after first Covid-19 death

25th March 2020

Several local banks have seen closures at some of their branches, while others are no longer accepting physical documents, as the southern African country ramps up preventive measures against the spread of the coronavirus pandemic. Zimbabwe has so far confirmed two cases of Covid-19, with one having already succumbed to the virus. Stanbic Bank, a […]

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African tally hits 1,400, deaths pass 40 mark

24th March 2020

The WHO tracing portal as at March 23 put the number of cases at 1,396 with the last known case being in Mozambique, which case was confirmed on March 22. But the figures for some countries are not update for example Nigeria is quoted as having 22 cases at a time the disease control outfit has officially […]

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Journalist-cum-businessman Zororo Makamba becomes Zimbabwe’s first Covid-19 death

23rd March 2020

Zimbabwe’s second coronavirus patient, a 30-year-old man, has died in the capital Harare, the state broadcaster said on Monday. “The Minister of Health and Child Care, Dr Obadiah Moyo has confirmed the death of Zororo Makamba, who was the second person to test positive for Covid-19 in Zimbabwe,” the Zimbabwe Broadcasting Corporation tweeted. Makamba was […]

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How coronavirus will affect connectivity and tech industry

23rd March 2020

The telecommunications and consumer technology industries continue to feel the impact of the coronavirus. The initial outbreak of the coronavirus in China disrupted global supply chains, but as the outbreak has grown into a global pandemic, with over 125,000 confirmed cases across 118 countries, the consequences have become even more far-reaching and less predictable. Mobile World Congress, a seminal […]

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#Covid19 : Ethiopia receives the first Shipment of Medical Aid from China

23rd March 2020

China’s mass deployment of medical aid to fight the coronavirus reached Africa as Ethiopia received its first shipment of supplies, including protective gear and test kits, for distribution across the continent from billionaire Jack Ma. The Horn of Africa nation received 5.4 million face masks, more than 1 million testing kits, 40,000 items of protective […]

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Experts: Somalia risk is greater than China

21st March 2020

The coronavirus pandemic could kill more people in Somalia than anywhere else if preventive measures are not put in place urgently, medical experts and analysts have warned. The East African country confirmed its first case of COVID-19, the infection caused by the novel coronavirus, on Monday in a student who returned from China and is […]

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Global oil prices set to plunge as demand falls off a cliff

21st March 2020

Refining operations in Europe and elsewhere in the world are being curtailed as gasoline and jet fuel demand is falling off a cliff due to the enormous demand destruction in the spreading coronavirus pandemic. In Europe, oil majors are shutting down refinery units as major economies are under lockdown and flights are severely restricted, Reuters reported on […]

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Zimbabwe records first Covid-19 case

21st March 2020

GOVERNMENT has confirmed the first case of Covid-19 in the country after a 38-year-old man who tested positive late yesterday has been quarantined in Victoria Falls. Statement from the ministry The Minister of Health and Child Care Dr Obadiah Moyo announced the first confirmed case saying the foreigner, resident in Victoria Falls, had travelled back […]

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