South Africa’s Land Bank in talks with lenders after debt default

CAPE TOWN — South Africa’s Land Bank told lawmakers on Wednesday it was negotiating with a consortium of lenders to try to restructure its debt facilities after it defaulted on 50 billion rand ($2.7 billion) of loans in April. The Land and Agricultural Development Bank of South Africa (Land Bank), the country’s largest agricultural-focussed lender, […]

South African energy regulator allows Eskom to claw back $718 mln in tariffs

JOHANNESBURG — South African energy regulator Nersa said on Friday it will allow utility Eskom to recover 13.3 billion rand ($718 million) from customers for electricity supplied in the 2018/19 financial year, lower than what the state-owned power utility had applied for. Read More More: https://ift.tt/3fUqNKr

Coronavirus – South Africa: Committees on Tourism urge Minister of Tourism to prioritise previously neglected communities

The meeting agreed that the Minister should table the new documents as soon as possible within the time frames of the statutory requirements of the Division of Revenue Bill. from TravelDailyNews International https://ift.tt/2Lr8mPg via IFTTT

BAML sees platinum, palladium deficit this year as South Africa production losses bite

JOHANNESBURG — There is likely to be a deficit of platinum and palladium this year after a COVID-19 lockdown in South Africa, the world’s biggest platinum producer, forced mines to shut, analysts at Bank of America Merrill Lynch predicted on Friday. Read More More: https://ift.tt/2A3fZsK

Urgent appeal to international community to support African travel and tourism sector

Some African governments are trying to provide targeted and temporary support for hard-hit sectors such as Travel & Tourism. However, many countries lack the necessary resources to help the industry and the livelihoods it supports through this crisis. from TravelDailyNews International https://ift.tt/3bbhMJk via IFTTT

East Africa: Desert Locusts – Another Disaster Looms as Second Wave Arrives

https://ift.tt/eA8V8J [SDGC/A] While the overwhelming uncertainties and apprehensions caused by COVID-19 permeate the whole African continent, countries in eastern African are preparing for yet another disaster – the second wave of desert locusts.  This is on top of other endemics such as yellow fever and cholera that these countries are currently facing and are engaged […]

East Africa: Desert Locusts – Another Disaster Looms as Second Wave Arrives

https://ift.tt/eA8V8J [SDGC/A] While the overwhelming uncertainties and apprehensions caused by COVID-19 permeate the whole African continent, countries in eastern African are preparing for yet another disaster – the second wave of desert locusts.  This is on top of other endemics such as yellow fever and cholera that these countries are currently facing and are engaged […]

East Africa: Desert Locusts – Another Disaster Looms as Second Wave Arrives

https://ift.tt/eA8V8J [SDGC/A] While the overwhelming uncertainties and apprehensions caused by COVID-19 permeate the whole African continent, countries in eastern African are preparing for yet another disaster – the second wave of desert locusts.  This is on top of other endemics such as yellow fever and cholera that these countries are currently facing and are engaged […]

Africa: Everyone Deserves Quality Healthcare, Not Just the Rich

https://ift.tt/eA8V8J [Africa Renewal] UN Assistant Secretary-General and Director of the Regional Bureau for Africa of the United Nations Development Programme (UNDP), Ahunna Eziakonwa, Talks to Africa Renewal’s Kingsley Ighobor On COVID-19: the Sectors That Need Urgent Interventions and How Women Are Disproportionately Affected. Excerpts: Vía AllAfrica News: Latest https://ift.tt/3d1N5Ye

Africa: WHO and EIB Strengthen Efforts to Combat COVID-19 and Build Resilient Health Systems to Face Future Pandemics

https://ift.tt/eA8V8J [WHO] Geneva – WHO and the European Investment Bank enhance cooperation to support countries in addressing the health impact of COVID-19 The first phase will address urgent needs and strengthen primary health care in ten African countries Enhanced WHO-EIB partnership will scale up financing to assure the chain of essential supplies, including personal protective […]

Africa: Animated Series Shows Africa’s Engagement With the World

https://ift.tt/eA8V8J [allAfrica] Launched in 2019, the Ubuntu Series is an African animated series that gives an insider perspective of Africa’s engagement with the rest of the world. The series is produced in Ghana by Africa Positive, a pan African organisation which seeks to promote the positive coverage of Africa. Vía AllAfrica News: Latest https://ift.tt/2yZ6r1C

South Africa: Tobacco Giant Threatens Minister With Court Action Over Tobacco Sales Ban

https://ift.tt/eA8V8J [News24Wire] British American Tobacco South Africa has demanded that Cooperative Governance and Traditional Affairs Minister Nkosazana Dlamini-Zuma amend regulations prohibiting the sale of tobacco products by Monday. Vía AllAfrica News: Latest https://ift.tt/3f3IO8F

Africa: Sheer Volume of Misinformation Risks Diverting Focus From Fighting Coronavirus

https://ift.tt/eA8V8J [The Conversation Africa] To manage the COVID-19 pandemic, be it from a personal, national or global perspective, we rely on a constant stream of information. A plethora of dashboards have appeared globally that convey information on the number of people tested, those who are positive, the number of deaths and those who have recovered. […]

Africa: Where Does Africa Stand 2 Months After COVID-19 Outbreak?

https://ift.tt/eA8V8J [allAfrica] Cape Town -More than 34,000 cases of COVID-19 have been confirmed in Africa in the two months since the first confirmed case of the disease on the continent, with over 1,500 lives lost. Dr Matshidiso Moeti, World Health Organization (WHO) Regional Director for Africa, said physical distancing and national lockdowns are some of […]

Africa: Why a Campaign to Champion All Vaccines Matters Now More Than Ever

https://ift.tt/eA8V8J [The Conversation Africa] World Immunisation Week is celebrated in the last week of April every year. The aim is to recognise efforts to develop new vaccines and increase vaccination coverage worldwide. The World Health Organisation (WHO) also uses the week to galvanise national and international communities to keep pushing for more: greater demand for […]

Africa: The Eight Must-Read African Novels to Get You Through Lockdown

https://ift.tt/eA8V8J [The Conversation Africa] For those looking from the global North, African literature is often marketed in a narrow way, comprising worthy stories of resistance, written in an uplifting and sober realist mode. Seen from the continent itself, this view has long been brushed aside by the effervescence and animation of ongoing literary experimentation and […]