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Members of the Muslim burial organization prepare the body of a man who died due to the coronavirus disease (COVID-19) for burial at Ghiedmatiel Islamia mosque in Cape Town, South Africa, July 31, 2020. REUTERS-Sumaya Hisham

South Africa’s coronavirus cases surpass half a million

Just over 3 million people have so far been tested for the virus in South Africa, which confirmed its first case five months ago, and 8,153 deaths have been recorded. Africa has recorded 934,558 cases, 19,752 deaths and 585,567 recoveries, according to a Reuters tally.
South Africa’s central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.

South Africa suspends use of Land Bank debt as collateral after default

South Africa’s central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.
A vaccine for COVID-19, the viral illness caused by the novel coronavirus, may be within reach sooner than many experts predicted.

Ghana overtakes Nigeria as coronavirus death toll hits 2,223 in Africa

The Africa Centre for Disease Control and Prevention (Africa CDC) has said that there are now 60,657 confirmed cases of coronavirus (COVID-19) in 53 countries across Africa.
South Africa’s central bank (SARB) said on Friday it would reduce overnight repo auctions to one per day from the two it has held since early March to inject liquidity into the banking system amid the coronavirus pandemic.

South Africa’s central bank switches back to one daily repo auction

South Africa’s central bank (SARB) said on Friday it would reduce overnight repo auctions to one per day from the two it has held since early March to inject liquidity into the banking system amid the coronavirus pandemic.
A vaccine for COVID-19, the viral illness caused by the novel coronavirus, may be within reach sooner than many experts predicted.

Ghana tops coronavirus cases in West Africa after easing lockdown

According to data obtained from the World Health Organisation, no fewer than 4,012 people have tested positive for COVID-19 in Ghana.
South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month.

South African Airways to continue honouring flight obligations

South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month.
Nigeria has recorded 245 new coronavirus cases, bringing the total number of infections in the country to 2,802. The Nigeria Centre for Disease Control made this known on its website on Monday. 11

Nigeria among top five countries in Africa with most coronavirus cases, deaths

The Africa Centre for Disease Control (Africa CDC) has said that the number of Coronavirus (COVID-19) cases in Africa has risen to over 54,027 in the past 24 hours in 53 countries across the continent.
While the United States and Europe are in the grip of the outbreak, UN aid chief Mark Lowcock warned that the virus was not expected to peak in the world's poorest countries until some point over the next three to six months.

UN triples coronavirus appeal to $6.7 billion to help poor countries

The United Nations on Thursday more than tripled its appeal to help vulnerable countries combat the spread and destabilising effects of the coronavirus pandemic, asking for $6.7bn to help 63 nations, mainly in Africa and Latin America.
South Africa’s rand firmed against the dollar early on Wednesday after President Cyril Ramaphosa announced a 500 billion rand ($26.41 billion) rescue package on Tuesday evening to cushion the economic blow of the COVID-19 pandemic.

South Africa’s net foreign reserves rise to $45.5 billion in April

Gross reserves also increased, to $53.003 in April from $52.458 billion previously. The forward position, representing the central bank’s unsettled or swap transactions, decreased to a balance of $592 million in April after a positive balance of $631 million previously.
Director General of the World Health Organization (WHO) Tedros Adhanom Ghebreyesus attends a news conference on the situation of the coronavirus (COVID-2019), in Geneva, Switzerland, February 28, 2020. REUTERS-Denis Balibouse-File Photo

WHO: 190,000 Africans may die of coronavirus in 2020

Up to 190,000 people in Africa could die of coronavirus in the first year of the pandemic if containment measures fail, the World Health Organisation warned on Thursday.
The International Labour Organisation (ILO) on Tuesday said that it was working with the Federal Government and some States to eliminate child labour in the country by 2025.

ILO: Informal sector poverty to increase by 56 percent

International Labour Organisation, ILO, has said the COVID-19 lockdown and containment measures across the globe will increase poverty levels among the world’s informal economy workers by 56 percent in low-income countries.
Mr Stephen Karingi, Director, Regional Trade and Integration, United Nations Economic Commission for Africa (UNECA), says African economy will lose 65 billion dollars if there is a full lockdown of the continent due to COVID-19.

UNECA: Africa will lose $65 billion to full lockdown

Mr Stephen Karingi, Director, Regional Trade and Integration, United Nations Economic Commission for Africa (UNECA), says African economy will lose 65 billion dollars if there is a full lockdown of the continent due to COVID-19.
Koeberg Nuclear Power Plant. 21 August 2010. Wikimedia Commons-Paul Scott

South Africa to develop plan for new 2,500 MW nuclear plant

South Africa will soon start developing a plan for a new 2,500 megawatt (MW) nuclear power plant, the energy ministry told lawmakers on Thursday.
A nurse demonstrates how to activate a respirator as the hospital prepares for the coronavirus disease (COVID-19) outbreak, at the Karen hospital near Nairobi, Kenya, April 6, 2020. REUTERS-Baz Ratner

Coronavirus exposes gaping holes in Africa’s health systems

African nations are facing a surge of COVID-19 cases with less than one intensive care bed and one ventilator per 100,000 people, a Reuters survey has found.
Russia registered another humongous number of coronavirus infections Tuesday as its total cases soared passed 155,000.

Report: Black people four times more likely to die of coronavirus than white people

A recent report analysis by Britain’s Office for National Statistics (ONS) claimed that residents in the United Kingdom (UK) from black heritage are more than four times likely to die from COVID-19 if infected.
Nigeria has recorded 245 new coronavirus cases, bringing the total number of infections in the country to 2,802. The Nigeria Centre for Disease Control made this known on its website on Monday. 11

WHO: Coronavirus cases in Africa top 51,000

The World Health Organisation (WHO) says Covid-19 cases have risen to over 51,000 in Africa as at Thursday, May 7.
Mine workers are seen under ground at the end of their shift at Cullinan mine, near Pretoria, South Africa, February 1, 2019. REUTERS-Siphiwe Sibeko-File Photo

Coronavirus lockdown pushes South African PMI to record low in April

South African private sector activity fell to a new record low in April, a business survey showed on Wednesday, as company closures due to a nationwide coronavirus lockdown led to a collapse in demand.
A man walks past a closed Toyota car dealership during the coronavirus disease (COVID-19) nationwide lockdown in Cape Town, South Africa, April 28, 2020. REUTERS-Mike Hutchings

South Africa’s auto industry ambitions threatened by coronavirus

The expansion of South Africa’s auto industry is central to the government’s economic development strategy but the coronavirus crisis has forced carmakers into survival mode and could push ambitious growth plans out of reach.

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