Covid-19: Economic impact on East and southern Africa

President of Zanzibar and Chairman of the Revolutionary Council ,His Excellency Dr. Ali Mohamed Shein makes his remarks as Arusha Regional Commissioner,Mr. Magesa Mulongo first left Minister of Health and Social Welfare, Hon Dr. Seif Rashid, Deputy Secretary General in charge of Planning and Infrastructure, Dr Enos Bukuku and The President of APECSA and Chairperson of the Organizing Committee, Dr. Edda Vuhahula pay attention. EAC Deputy Secretary General in charge of Planning and...

The Economic situation in Zambia continues to deteriorate and is threatening to send the copper-rich country that was recently anointed by the World Bank as “middle income nation”, to total economic collapse.

Food and Agriculture Organization (FAO) welcomes €17 million contribution from Germany to combat the impact of the Desert Locust upsurge in East Africa  Africanews EnglishView Full coverage on Google News

Finland and TradeMark East Africa (TMEA) signed an agreement for additional funding on Friday December 11th to further support TMEA's work in enhancing trade across the East African Community to increase prosperity in the region.  The agreement was signed by the Finnish Ambassador to Tanzania, H.E. Pekka Hukka and Mr. Ali Murufuki, TMEA Board Chair. Finland has supported TMEA since 2013. The grant agreement will make available an additional Euro 2 million (approximately TZS 4.7 billion) to...

Ebola crisis has a serious financial effect on West Africa

The initial estimates for the Tanzania budget for 2015/2016 is about Sh22 trillion. This is an increase of about Sh3 trillion as compared to last year’s budget. When presenting these estimates in April 2015, the Finance minister stipulated that about Sh13 trillion is expected to be raised from various taxes administered by the Tanzania Revenue Authority.

Economic impact of coronavirus outbreak deepens  The GuardianAre Overstimulated Stocks Ignoring Coronavirus Risks?  CCN.comChina’s Factories Are Reeling From Forced Coronavirus Closures  ForbesChina needs help, not criticism, from a world in economic hot water  South China Morning PostIs coronavirus a mere body blow, or a black swan for the global economy? | Opinion  The Philadelphia InquirerView Full coverage on Google News

BOJ: Economic activity has been weak recently due mainly to impact of coronavirus outbreak  FXStreetBOJ expands monetary stimulus to defend economy from coronavirus  Nikkei Asian ReviewBOJ introduces additional easing steps after Fed's rate cut  Kyodo News PlusBOJ to hold emergency meeting at 0300 GMT  FXStreetBoJ calls emergency policy meeting to stabilise markets  MoneycontrolView Full coverage on Google News

Intensify efforts to minimise covid-19 impact  The Citizen Daily