The Executive Board of the International Monetary Fund (IMF) has completed the Third review under the 38-month arrangements under the Extended Credit Facility (ECF) and the Extended Fund Facility (EFF) arrangements. The Board’s decision allows for an immediate disbursement of $235.6 million usable for budget support, bringing Kenya’s total budget support disbursements to about $1.2082...
National Insitute for Medical Research (NIMR) has revealed intentions to produce vaccines in Tanzania to fight diseases and mitigate vaccine dependency, including COVID-19 vaccines. Prof Yunus Mgaya, NIMR Executive Director, made those remarks in Kilimanjaro when he toured Kibong’oto Infectious Disease Hospital in Siha District to supervise the ongoing construction of the modern laboratory. Professor...
The ministry of health has announced that there has been a sharp increase of COVID-19 cases from 8 patients in the third week of April to 32 patients in the 4 weeks of April, with Dar es Salaam itself having 70 cases. According to the report of the chief medical officer, Dr Aifelo Sichwale, Dar...
President Cyril Ramaphosa of South Africa is currently under self-isolation after he tested positive with Covid-19. According to the Minister in the Presidency, Mondli Gungubele, the president started feeling ill after he left a state memorial service held in honour of former deputy president FW de Klerk in Cape Town earlier on Sunday. Ramaphosa has...
The COVID-19 pandemic has greatly affected many economies around the world with millennials and ‘Gen Z’ mainly affected despite being exposed to technology advancement in essential areas for running a business/ company. Responding to the damage done by the virus, lockdowns were implemented in most countries with offices closed temporarily and some permanently, leaving many...