South African Banks ‘Underwhelm’ With Response to Virus Fallout

S. African Banks ‘Underwhelm’ With Response to Virus Fallout  Bloomberg

Shares in South Africa’s largest banks have fallen after being downgraded by the credit ratings agency Moody’s.

Virus fallout: World Bank 'pandemic bonds' plummet in value  Aljazeera.comView Full coverage on Google News

Xi Involved in Virus Response Earlier Than Thought  Voice of AmericaCoronavirus: A timeline of how the deadly outbreak is evolving  pharmaceutical-technology.comView Full coverage on Google News

US ramps up virus response with shutdowns, rate cut and a curfew  The Citizen Daily

Rapid expansion of cross-border banking in Africa in recent years poses oversight challenges that, if unaddressed, may increase systemic risks, IMF staff said.

Telecom companies in Africa are becoming major players in the banking business as the number of people across the continent using mobile phones continues to grow.

Leaving no one behind: Addressing the crucial needs of women and girls in the COVID-19 response - South Sudan  ReliefWebSouth Sudan confirms second Covid-19 case  The Citizen DailyCOVID-19: Sudan struggles with denial and misinformation  Al Jazeera EnglishSouth Sudan uses radio to communicate COVID-19 information  CGTNSouth Sudan Facing Coronavirus with Weak Healthcare System  VOA NewsView Full coverage on Google News

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