COVID-19: African-American businesses struggle to stay afloat

African-American businesses in the United States are struggling under COVID-19. Black businesses are bearing economic brunts of the global pandemic. Alphonzo Cross, co-owns Parlor Cocktail Denwith his sister in Atlanta, Georgia. “We didn’t get to even open at all that week. And it also didn’t make financial sense for us to open that night or Friday night when there was just so much uncertainty, and to be quite honest, people were starting to get nervous already. Right now, you have
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Tourist distancing: Virus impacts Kenya's Giraffe Manor

The impact of coronavirus on the Kenyan economy is being felt in the hospitality industry where closes airspace means tourists numbers have dwindled. The East African country heavily depends on the sector as a source of foreign exchange, job creation and revenue. But the pandemic has threatened the survival of businesses. However, Giraffe Manor, one of Kenya’s most famous hotels is making plans to survive the crisis. The outfit has continued to operate through the pandemic with reduced staff. Mary
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Buhari submits Nigeria's budget to parliament

Nigerian President Muhammadu Buhari on Thursday submitted a revised 2020 budget of 10.51 trillion naira ($29.19 billion) to Parliament for approval. The coronavirus pandemic and an oil price plunge have magnified headwinds in Africa’s biggest economy, which relies heavily on crude sales for government revenues. The problems triggered a decline in growth and large financing needs as well as weakening the naira currency. The government has said since March that the budget passed in December would be revised down. It
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How the Fed Bailed Out the Investor Class Without Spending a Cent

Photo: Chip Somodevilla/Getty Images Not only is it socially unsustainable to protect just the rich from a crisis of this magnitude, it may not even work. Graphic: Soohee Cho/The Intercept Graphic: Soohee Cho/The Intercept Photo: The Yomiuri Shimbun via AP Graphic: Soohee Cho/The Intercept “They consider themselves a lender of last resort. They’re now the lender of all resorts.” Photo: Federal Reserve via Getty Images Congress didn’t have to cede authority to the Fed and carp about it after the
| Politics, Special Investigations |

West African experts share ideas on how to halt abuse of journalists during COVID-19 pandemic

Collaboration: There should be strong collaboration among media support organisations, state agencies and other actors to collectively tackle abuses against journalists. Such collaboration must involve regional and sub-regional bodies such as the AU and ECOWAS. There must be a collective position and voice speaking out against abuses against journalists at all times. Analysis and Frameworks: There is a need for a regional analysis of the impact of the pandemic on journalists’ safety and the overall media environment and coming up
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A Middle East online tutoring startup eyes Saudi Arabia’s market

Mon, 2020-05-25 22:40 Synkers, an app that helps parents and college students find experts for the extra coaching the latter require. (Supplied) FAST FACT $177.6bn Audrey Nakad came up with the idea of Synkers. (Supplied) This report is being published by Arab News as a partner of the Middle East Exchange, which was launched by the Mohammed bin Rashid Al Maktoum Global Initiatives to reflect the vision of the UAE prime minister and ruler of Dubai to explore the possibility
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Making Internet service a utility—what’s the worst that could happen?

Update : It's 2020, and a coronavirus pandemic has underscored how crucial broadband service is to the lives of Americans for work, entertainment, and school. Internet service is a necessity, and yet it isn't regulated as a utility the way services like water and electricity are. But back in 2014 (when this story was originally published) and 2015, there was a hot debate over whether the Federal Communications Commission should treat broadband service like a utility—or, more precisely, as a
| Biz & IT, Features, Policy |

Rwanda: the growing tea sector [Business Africa]

A look at tea production, Rwanda records an increase in its exports, compared to the same period last year. In Rwanda, the tea sector spared by the coronavirus pandemic saw a marked increase during the first quarter of this year. It totals over 9,000 tonnes – revenue of more than US$27.6 million, which is up by 15% from the same period in 2019. Zambia: overproduction of electrical energy Zambia aims to increase its production tenfold by 2022 thanks to the
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Ethiopia: synergy electricity [Business Africa]

Transformation of the agricultural sector… Ethiopia turns to alternative energy sources to counter the harmful effects of coronavirus. Coronavirus disruptions are strongly impacting world economies. On the continent, in the horn of Africa, like Ethiopia, measures are being put in place to revive the economy. The country has embarked on the transformation of its agricultural sector. Addis Ababa is focusing more on a synergy of rural electrification and small farming; We hear more on that from Francis Elisha, the Africa
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Coronavirus: Why African airlines could rebound faster - Ethiopian CEO

The coronavirus epidemic continues to disrupt life across the world. The disruption is all but gathering steam in affected even virus-free African countries. The rate of infection is lower on the continent as compared to Europe, Asia and parts of the Americas, where lockdowns are in place. The impact on gatherings is an area that most African governments have moved to control. A number of business conferences were cancelled on account of the pandemic. A number of governments have also
| News |

How coronavirus is boosting e-commerce across Africa

Seydou Sall sprays antiseptic on bags of food freshly deposited by an e-commerce firm at his home in an upmarket quarter of Senegal’s capital Dakar. In a pattern repeated across the continent, the researcher has turned to online deliveries to get basics such as sugar, milk and coffee during the coronavirus pandemic. “Home delivery allows me to avoid contact and queues,” he said, explaining that his order is completed in three clicks and that delivery costs just 2,000 CFA francs
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Stricken by the Stockholm syndrome

Dubai is sanitised, the government is doing a wonderful job of ensuring that people follow social-distancing and other Covid-related regulations. So, lets wear our masks and venture out without stepping out of the car More by the writer Happily quarantined and back to basics Off the cuff: When pens are fountains of joy Stuff that quarantined dreams are made of Struck by Hikikomori
| Opinion|off-the-cuff| |

Equatorial Guinea extends oil exploration licenses

Equatorial Guinea has announced a series of strategic measures to assist oil and gas exploration companies. The measures are expected to lessen the financial burden of these oil companies as the world battles covid-19. The executive president of the African Chamber of Energy for the CEMAC zone, Leoncio Amada NZE, analysed the measures taken by the Ministry of Mines and Hydrocarbons of Equatorial Guinea. Watch video
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Post COVID-19 world has limitless opportunities to make a fresh start

Decision is entirely ours Should we go back to that world? Choice is ours One simple unanimous global decision will help us tremendously: A clear instruction that we don’t want to go back to where we have come from. We don’t want to jump into the same frying pan in the name of recovery. Muhammad Yunus, Nobel laureate Time is now Social business Under the rebuilding programme, governments can finance social businesses to buy up companies and tie up with
| Opinion|Op-Eds| |

8 billion dollars to fight covid-19 [Business Africa]

World leaders pledge 8 billion dollars for research, and manufacture of a possible vaccine and treatments for COVID-19. This amount will come from several sources of funding, including equity, loans and grants from governments and institutions. World leaders hope to soon find a vaccine against COVID-19. They decided this week to mobilize 8 billion US dollars, dedicated to the research of a treatment to overcome the disease. The amount will come from several sources of funding including equity, loans and
| News |

India’s lockdown 3.0 has more features

The newspaper detailed the latest lockdown, and it seemed just like the older version, but in this one you can do a whole lot of things that you enjoyed doing in your previous life, that is life Before Corona New Delhi, Apr 11 (ANI): Prime Minister Narendra Modi seen wearing a mask during video-conferencing with the Chief Ministers over COVID19, in New Delhi on Saturday. (ANI Photo) Image Credit: ANI Modi's mask
| Opinion| |

Coronavirus: Ethiopian 'soars' with cargo, repatriation operations

The coronavirus epidemic continues to disrupt life across the world. The disruption is all but gathering steam in affected even virus-free African countries. The rate of infection is lower on the continent as compared to Europe, Asia and parts of the Americas, where lockdowns are in place. The impact on gatherings is an area that most African governments have moved to control. A number of business conferences were cancelled on account of the pandemic. A number of governments have also
| News |

Africa's oil producers impacted by OPEC production cut

Africa’s oil producing nations have not been spared the impact of the global decision to reduce oil output. About 14 countries in sub-Saharan Africa produce oil, which accounts for most of their annual export income. Crude oil prices rose marginally on Friday (May 1) as the Organization of Petroleum Exporting Countries (OPEC) and their allies started reducing output. Major producers in April agreed to a production cut deal by 10 million barrels a day in May and June. The record
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Zimbabwe tobacco sales start despite virus-related delay

As the coronavirus pandemic continues to weaken the global economy, Zimbabwean farmers are looking to tobacco production for sustenance. Farmers started selling their tobacco crop on Wednesday (April 29), after the outbreak delayed the opening of auctions, which provide vital foreign currency inflows. Coming a month later than usual, farmers, who produced an all time high of 259 million kilograms of tobacco last year, sell their crop to tobacco merchants, who process the crop for export . Chido Nyakudya, CEO
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The twist in the tale

It seems like, we may be outdone by something we cannot see. To fight this, we don’t need sabre swords, nor those fancy flying cars. more by the writer Understanding the meaning of beauty Off the cuff: Saving the planet, with every drop of water Off the cuff: The gift shop in my phone My laundry adventures and the waiting game
| Opinion|off-the-cuff| |

South Africa to create a new national carrier to replace embattled South African Airways

South Africa is seeking to create a new thriving national airline out of the ashes of its current state-owned carrier, which is technically insolvent and on the brink of being placed in liquidation by administrators. South African Airways (SAA) has recorded no profit since 2011 and has survived through government bailouts. An ideal replacement for South African Airways would have both public and private owners, maintain the country’s trade connections and make a profit, the department of public enterprises said
| News |

Brad Griffin Is Not My Mommy and He Doesn’t Get to Decide Whether or Not I Can Play Outside, by Andrew Anglin

During my morning read-through of The Unz Review on Thursday, I saw my own name in a headline: "Coronavirus: Greg Johnson Debates Andrew Anglin." The piece, by one Brad Griffin, was a minute by minute response to my recent coronavirus discussion with Greg Johnson, where Greg took the position that the virus is very dangerous...
| News |

Always Remember: the Coronavirus Pandemic Is A Product of Globalization, Political Correctness—and Immigration, by James Kirkpatrick

Earlier, by James Fulford: The “China Virus” Came From China And Chinese People. AND IT'S OK TO SAY SO Always remember this simple truth: THE COVID-19 OUTBREAK IS THE PRODUCT OF GLOBALIZATION, MASS IMMIGRATION AND RAMPANT POLITICAL CORRECTNESS. The Main Stream Media/ Democrat complex is counting on the disease and resulting economic disruption to take...
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Rwandair slashes salaries as it faces closure [Business Africa]

Rwandair has employed drastic measures including reduction of the salaries of employees as the company battles covid-19 crises. Up to 65% of employees salaries to be cut in an attempt to avoid layoffs. The company has also put on hold, contracts of some pilots and non-essential staff until further notice. In a related development, Ethiopian Airlines has also employed alternative solutions to avoid bankruptcy. The company, which is facing a “serious financial crisis in terms of operations and sales” according to
| News |

South African Airways suffer financial losses [Business Africa]

South African Airways suffer heavy financial losses as the ramifications of the covid -19 pandemic hits hard. The South African airline, which has been denied further funding from the government to support its operations, has suspended all international flights until May 31 as the country battles covid 19. Authorities say, the company is facing serious financial crises, and fear closure. Civil aviation analyst, Michael Wakabi, shared his perspective. Watch video.
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Standard and Poor's downgrade S. Africa's credit ratings

Standard and Poor’s on Wednesday lowered the credit rating for South Africa by one notch to “BB-” due to the “significant adverse implications” of the coronavirus pandemic on the country’s already-weakened economy. “South Africa’s already contracting economy will face a further sharp COVID-19-related downturn in 2020,” after contracting in the second half of 2019 due partly to the severe rolling power blackouts, the ratings agency said. While the agency said the early efforts to contain the spread of the virus
| News |

Zimbabwean farmers start selling tobacco crop following coronavirus delay

Zimbabwe farmers started selling their tobacco crop on Wednesday after the coronavirus outbreak delayed the opening of auctions, which provide vital foreign currency inflows, by more than a month. Tobacco is the second biggest earner of foreign exchange after gold, and last year generated $747 million in exports mainly to China and Europe, according to central bank data. Industry regulator Tobacco Industry and Marketing Board (TIMB) said production was expected around 230 million kilogrammes after rain cut the area planted
| News |

Uganda restricts trucks on busy route to curb spread of coronavirus

Uganda has stepped up restrictions on trucks passing through its territory – limiting them to one driver and banning them from stopping over in hotels – in a bid to curb the spread of the new coronavirus. The landlocked country sits on some of east Africa’s busiest road cargo routes that funnel goods from ports in Kenya and Tanzania further inland to Burundi, Rwanda, South Sudan and eastern Democratic Republic of Congo. Drivers have already been complaining about long queues
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Launch of Africa free trade deal postponed due to coronavirus pandemic

The implementation of a mammoth African free trade agreement will not begin on July 1 as planned due to disruptions caused by the coronavirus outbreak, a senior official said on Tuesday. “It is obviously not possible to commence trade as we had intended on 1 July under the current circumstances,” Wamkele Mene, Secretary-General of the African Continental Free Trade Area, said during a conference call. Mene did not say whether there was a new targeted implementation date, and left the
| News |

IMF approves $3.4 billion emergency loan to Nigeria

The International Monetary Fund said on Tuesday its executive board approved $3.4 billion in emergency financial assistance for Nigeria to support the oil exporter’s response to the coronavirus pandemic. The global lender said it remained closely engaged with Nigerian authorities and was ready to provide policy advice and further support as needed. The outbreak and sharp fall in oil prices have magnified headwinds in the Nigerian economy, triggering a historic decline in growth and large financing needs, the IMF said.
| News |

Chad kicks off industrialization plan [Business Africa]

The Republic of Chad strives for an 8% yearly growth rate by 2030 via industrialization and economic diversification. Chad hopes to achieve an 8% economic growth rate in ten years. This is the objective of the Master Plan for Industrialization and Economic Diversification, set up by Ndjamena. It aims to develop the national economy by exploiting key sectors such as energy, mining and digital technology. The first phase of this program which extends until 2022 costs over 985 billion US
| News |

Burkinabe traders demonstrate to demand reopening of markets

Several hundred Burkinabè traders demonstrated Monday in Ouagadougou to demand the reopening of all the markets, which were closed at the end of March to combat the spread of the coronavirus, an AFP journalist noted. “We want the markets to reopen so we can resume our activities and provide for our needs,” said Soumaila Tiendrebeogo, a clothes trader at the Nabi-Yaar market in Ouagadougou’s working-class neighbourhood. The epidemic, which has caused 42 deaths out of 623 confirmed cases in this
| News |

WikiLeaks Webinars

As coronavirus containment measures preclude in-person gathering, public campaigning has moved online in a series of webinars focusing on different aspects of WikiLeaks’ impact and Julian Assange’s case
| News |

When the postman comes calling

Even to this day, I still find being in a post office a magical place. There’s all sorts of parcels and boxes, mailbags, little weighing scales and big books of stamps — the who place reeks of officialdom in a way that is slightly intimidating but comforting too Mail gets delivered More by the writer When the rubber hits the road Coronavirus: Lizards, louts and heroes Who is stealing my socks? Come rain or sunshine
| Opinion|off-the-cuff| |

14 Total workers test positive for COVID-19 in Congo

French energy major Total said on Sunday that 14 workers including two of its staff have tested positive for the new coronavirus at its sites in Congo Republic, but output at the 190,000 barrels per day operations have not been affected. Congo Republic reported 200 positive coronavirus cases and eight deaths since the first case on March 15. Total said it activated its pandemic plan after the first case to ensure the continuity of its activity and was postponing non-routine
| News |

Egypt in talks with IMF for financial assistance

Egyptian Prime Minister Moustafa Madbouli announced on Sunday that his government had started negotiations with the International Monetary Fund (IMF) to obtain a one-year financial assistance to cope with the recession caused by the coronavirus pandemic. “We have started discussions with the IMF for financial assistance in addition to technical assistance,” Madbouli said at a televised press conference in Cairo, without specifying the amount of aid requested from the Washington-based financial institution. By November 2016, Cairo had already secured a
| News |

The Oil Price Crash and International Petro-Politics

The global oil market has entered uncharted territory. On Monday, the price of WTI crude, the US oil benchmark, went negative for the first time in history, closing at -$37 per barrel . What happened? And what does it mean for international petroleum politics? Two factors drove the oil price collapse: market fundamentals and the quirks of oil futures trading. Market fundamentals—oil supply and demand—were the proximate cause of the price collapse. Since the COVID-19 pandemic began earlier this year, global oil demand has dropped
| Environment/Energy, Security |

Covid-19 : is african integration at risk? [Spotlight]

As soon as the first cases of COVID-19 contamination were announced on the continent, many countries on the continent announced the restriction of land connections with their most immediate neighbours. Gabon-Cameroon, Chad-Cameroon, South Africa-Zimbabwe, Burundi-Rwanda, Côte d’Ivoire-Burkina Faso, DRC-Republic of Congo-Rwanda. Here with William Bayiha to discuss the economic relevance of the closure of intra-African borders due to the coronavirus, is Michael Dibie, senior journalist at Africanews.
| News |

Horn of Africa: WFP uses supplies hub and e-commerce

In a bid to provide both medical and humanitarian aid to disaster stricken areas, the UN’S World Food Programme (WFP) is adopting a complex logistics operation, including the use of an e-commerce app. A new hub at Addis Ababa’s airport is used to arrange supplies for onward travel to over 30 African countries. In the Somali capital Mogadishu, people are using an app that allows them to order such supplies online and have them delivered to their homes. “The food
| News |

Fact Sheet: Coronavirus under Israeli Apartheid

Fact Sheet: Coronavirus under Israeli Apartheid Update April 20, 2020 By:  Palestinian BDS National Committee (BNC)
| News |

COVID-19: The world through your window

Love is a very powerful emotion, we all need it, we all crave it. But how would you know love exists by simply looking out those panes of glass? No communication Powerful emotion More by the writer Going Viral: Day 21 in a lockdown - a blog Who is stealing my socks? Coronavirus: Heading home on a wing and a prayer Thrive in the optimism
| Opinion|off-the-cuff| |

In the Midst of the Coronavirus Lockdown, Environmental Lessons from Extinction Rebellion, One Year On

Extinction Rebellion’s ‘Tell the Truth’ boat in Oxford Circus on April 18, 2019, during a week-long occupation of sites in central London to raise awareness of the environmental catastrophe that is already underway, and the need for urgent change to combat it (Photo: Andy Worthington).. Please support my work as a reader-funded investigative journalist, commentator and activist. If you can help, please click on the button below to donate via PayPal. Extinction Rebellion campaigners on Waterloo Bridge, having
| Coronavirus, Environmental crisis, Extinction Rebellion |

Health workers warn thousands of staff working in the NHS still being denied proper sick pay

Stuart Jordan, Community Mental Health Nurse, East London Alison Brown, South Area Secretary Yorkshire Ambulance Service Unison Pete Campbell, NHS Junior Doctor, Newcastle Anita Downs, Palliative care CNS / Unite rep, Lewisham Anthony Johnson, Health Visitor & Lead Organiser for Nurses United UK Mark Boothroyd, ED Staff Nurse, GSTT Unite Branch Secretary Tara McCloskey, Family Nurse, Kilmarnock Carol Dent, Nurse, Llanbedyr y Cennin Conwy Julie Willis, Doctor, Middlesborough Jaika Witana, Consultant Physician, Sheffield Katharine Maciver, Matron, London Ruhul Amin, Administrator,
| Left Foot Forward, coronavirus, covid |

Global Leaders Must Prioritise Children’s Wellbeing amid Coronavirus Pandemic – UN

This playground just outside the Slovak capital, Bratislava, was sealed off to stop people spreading the virus. Similar measures were in place in cities and towns across Europe. Credit: Ed Holt/IPS access to food and nutrition, access to digital teaching tools, increased exposure to violence and/or conflict in the household, increased risk of falling prey to cyberbullying and sexual exploitation on the internet. Food insecurity Increased threat to family violence With heightened stress levels among quarantined families, children could face
| Education, Featured, Global |

Multilateralism Through Public-Private Partnerships Are Key to Flattening the COVID-19 Curve

The UN Secretary-General Antonio Guterres has said that now is “a defining moment for modern society. History will judge the efficacy of the response not by the actions of any single set of government actors taken in isolation, but by the degree to which the response is coordinated globally across all sectors for the benefit of our human family.” No one knows for sure what is ahead, with scenarios changing daily as new information comes through. Many firms are focused
| Africa, Economy & Trade, Headlines |

On Watching Contagion: What Do We Learn?

Contagion is a 2011 film by US director Steven Soderbergh (Erin Brockovich, Traffic, Che) that has proved very popular viewing during the first few weeks of the Coronavirus crisis. Set in a fictional global pandemic – modelled on the outbreak of a bat-borne Nipah virus identified in 1999 that killed around 100 people in Malaysia – the film is a tightly-written topical drama with a great castthat includes Matt Damon, Gwyneth Paltrow, Jude Law, Laurence Fishburne, Kate Winslet, Marion
| Aid, Global, Globalisation |

Concerns for the Nearly 400 Rohingya Refugees Rescued off the Coast of Bangladesh

Nearly 400 Rohingya refugees have been rescued in Bangladesh after being at sea for two months. Experts are concerned about the spread of coronavirus if these refugees are housed in the Rohingya refugee camp in Cox’s Bazar along Bangladesh border with Myanmar. Credit: ASM Suza Uddin/IPS Related Articles No Space for Social Distancing in Rohingya Refugee Camps Asia-Pacific Response to COVID-19 and Climate Emergency Must Build a Resilient and Sustainable Future
| Asia-Pacific, Development & Aid, Featured |

World Bank predicts sub-Saharan Africa recession in 2020 [Business Africa]

Sub-Saharan Africa is expected to go into recession this year due to the coronavirus pandemic. This is according to a World Bank assessment of the impact of covid-19 in this part of the continent. GDPs are expected to fall in Nigeria, Angola and South Africa, the three largest economies in sub-Saharan Africa. World Bank chief economist for Africa, Albert Zeufack explains the main factors causing the recession.
| News |