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Central Africans in Bangui express hopes and concerns about the draft of a new Constitution. Undecided voters still have a few days left before casting their ballot on July 30. The campaign is set to end on July 28.
South Africa is one of the hardest-hit countries in Africa with over 740,000 infections.
The country recorded 60 more virus-related deaths on Wednesday, bringing the death toll to 20,011.
BY TATIRA ZWINOIRA FINANCIAL services giant, CBZ Holdings (CBZH) on Tuesday said inflation-adjusted post-tax profits slipped to $2,44 billion during the third quarter ended September 30, 2020 after the economy suffered from the effects of COVID-19-induced lockdowns. Zimbabwe’s biggest banking group posted $4,32 billion in post-tax profits during the comparable period in 2019. “The COVID-19 was declared a world pandemic by the World Health Organisation on March 11, 2020 as most countries reported surging numbers of cases. In response, the government adopted restrictive measures to contain the spread of the virus. While necessary, the restrictive measures also led to a disruption of economic activities creating both threats and opportunities to the group’s business model,” CBZH said in a commentary accompanying the period’s financial statements. Revenues declined to $10,4 billion from $11,5 billion previously in response to the total closure of economic activities as government tried to curb the spread of the pandemic. However, the group reported gains in total assets, which nearly doubled to $90,39 billion from $47,23 billion. In line with inflationary increases, lending increased by 262,17% to $22,74 billion compared to $6,27 billion previously. Total deposits more than doubled during the period under review to $64,38 billion from $27,83 billion in 2019. The group said COVID-19 might turn into an endemic disease in the coming year, which might dictate the pace and growth of the economy. “Going into the last quarter of the year, and into 2021, a number of scenarios are shaping up for the global and domestic economies,” the group said. “On the global level, COVID-19 is likely to gradually gravitate towards endemic status, with localised restrictions. Policymakers are expected to maintain expansionary monetary policies in order to continue supporting their economies. In Zimbabwe, the direction of most economic fundamentals largely depends on the government’s pace and approach towards reopening of the economy, in particular how the authorities will seek to boost economic activity in the key growth sectors such as the agriculture, mining, manufacturing and public sector,” CBZH noted. The banking group said policy conduct remained generally difficult and constrained as the continued lack of balance of payments and budgetary support confined authorities to limited domestic resources.
By CARA ANNA and SAMY MAGDY Associated Press NAIROBI, Kenya (AP) — Up to 200,000 refugees could pour into Sudan while fleeing the deadly conflict in Ethiopia's northern Tigray region, officials said Wednesday, while the first details are emerging of largely cut-off civilians under growing strain. Nearly 10,000 people have crossed the border, including some wounded in the fighting, and the flow is growing quickly. 'There are lots of children and women,' Al-Sir Khalid, the head of the refugee agency in Sudan's Kassala province, told The Associated Press. 'They are arriving very tired and exhausted. They are hungry and thirsty […]
The post Sudan braces for up to 200,000 fleeing Ethiopia fighting appeared first on Black News Channel.
Drink Up: These Are The 50 Best Bars In The World For 2020
By STAN CHOE AP Business Writer NEW YORK (AP) — The S&P 500 is ticking closer toward its record in mixed trading on Wednesday, and this time big technology stocks are also rising on Wall Street. The benchmark index was up 0.4% in morning trading to climb within 0.5% of its all-time high set in September. The Dow Jones Industrial Average was down 53 points, or 0.2% , at 29,367, as of 10:24 a.m. Eastern time, and the Nasdaq composite was gaining 1.4%. Enthusiasm about the economy's possible return to normal has vaulted stocks higher this week following encouraging, but […]
The post S&P 500 ticks closer to record, including Big Tech this time appeared first on Black News Channel.
By Stacy M. Brown, NNPA Newswire Senior National Correspondent Medical and scientific experts have sounded the alarm, wanting people to understand that COVID is not the flu or a common cold, and recovery may not be permanent. According to a new study, 20 percent of recovering coronavirus patients develop some form of mental illness within 90 days. Researchers at Oxford University in Great Britain noted that first-time diagnosis of anxiety, depression, and insomnia increased two-fold in patients after they’ve recovered from COVID. Further, they discovered that COVID survivors also found significantly higher risks of dementia. “People have been worried that […]
The post New Study Suggests COVID Patients More Susceptible to Mental Illness appeared first on Black News Channel.
Say goodbye to that brillo pad on your face.
BY MOSES MATENGA INFIGHTING at Town House has grounded operations within the City of Harare with suspended town clerk Hosea Chisango pleading with Local Government minister July Moyo to intervene and allow him back at work. The infighting has led to the arrest of several council officials, including Chisango, who now alleges his woes were a creation of his subordinates working with elected officials. Human resources director Matthew Marara, housing director Admore Nhekairo and several others have been arrested for alleged corruption amid accusations and counter-accusations from different camps. Chisango conceded that the chaos had grounded council operations, hence the need for Moyo to intervene. In a letter dated October 29, 2020 addressed to Moyo, Chisango’s lawyers Mtombeni, Mukwesha and Muzawazi Legal Practitioners claimed that the town clerk was a victim of machinations by some elected officials working with his subordinates. “We humbly plead for your intervention to stop this paralysis within council,” the letter read in part. “Our client’s arrest and subsequent suspension from work was not done according to law, but was sponsored by subordinates one of whom he was disciplining for incompetence. This was all done with a view to destroy evidence as our client, as the chief executive officer of council, is the main witness and complainant,” the letter added. Chisango said the Urban Councils Act clearly outlined conditions of service of a town clerk and how disciplinary action could be taken against him, but in his case, council never considered any report nor did it report to the police. Chisango was arrested on September 10 for alleged corruption involving illegal parcelling out of land in Kuwadzana. He is out on bail. “Our client’s bail conditions restricted him from reporting for work until October 5, 2020 and this was not breached. He was released from that condition by the lapsing of the period and the council cannot impose further restrictions without cause as is now happening,” the lawyers said. “On the day his bail restrictions lapsed, the mayor (Jacob Mafume) advised him that Collin Tongoona, the chief security officer submitted a report to him with recommendations that he be hauled before a disciplinary tribunal. This was unprocedural as there was no audit report neither was he given an opportunity to respond to the allegations. What is also malicious is that he only saw the report circulating on social media.” The lawyers said the council should have appointed a special committee in terms of the law to investigate any misconduct if such was assumed to have taken place. “These processes were not done, but the council want to rely on a report from municipal police and (Engineer) Isaiah Chawatama whom he was disciplining for various acts of misconduct,” the lawyers added in the letter to Moyo. Chisango claimed he commissioned the city’s internal audit to investigate Chawatama for various acts of misconduct which include alleged abuse of fuel, general lethargy in execution of projects and his propensity to
FOLLOWING THE announcement of Pfizer's Covid-19 vaccine, and speculation on the logistics and priority order...
The post COVID vaccine for children: To immunise or not to immunise? appeared first on Voice Online.
This One’s for the Ladies and the Fellas. If You’re Single, You Need This Book on Your Nightstand! All Good Just A Week Ago: Funny Dating Stories to Help You Keep Your Head in the Game is full of funny, outrageous, relatable dating stories and teachable moments shared by a cross section of interviewed men […]
The post 2 Bold Women, 50 Candid Interviews, 1 Game Changing Dating Book appeared first on Milwaukee Community Journal.
President Cyril Ramaphosa addressed the nation on Wednesday 11 November 2020. Here are the main points you need to be aware of.
[Nation] Seated in a corner of a local eatery in Majengo, Mombasa, a known drug dealer at the Coast is deep in thought.
BY WINSTONE ANTONIO WHILE the death of Genius “Ginimbi” Kadungure (36) has continued to set tongues wagging on different social media platforms with many conspiracy theories, Youth, Sport, Arts and Recreation deputy minister Tino Machakaire’s name was yesterday thrown into the ring amid claims that he had pledged to buy a coffin for the deceased. The socialite and businessman died when his Rolls-Royce Wraith II vehicle collided head-on with a Honda Fit along Borrowdale Road, Harare on Sunday morning while driving back to his Domboshava home. Ginimbi was in the company of Limumba Karim, believed to be from Malawi, socialite Mitchel “Moana” Amuli and Alichia Adams believed to be from Mozambique who all perished in the accident. They were all coming from Moana’s 26th birthday party at Ginimbi’s Club Dreams, formerly Sankayi in Harare’s avenues area. In an interview with NewsDay Life & Style, Machakaire denied the alleged coffin pledge. Ginimbi’s friends also dismissed reports that there was a coffin in the late’s mansion. “There are some people who are just good at spreading malice. I did not pledge to buy a coffin for Ginimbi, but instead I will be doing that for Gringo in partnership with Nyaradzo founder Phillip Mataranyika,” Machakaire said. Ginimbi’s friends’ spokesperson Chief Albert Ndabambi said the rumour that was being peddled on different social media platforms that there was a coffin and a snake vomiting cash in the house was evil. “It is sad that there are some people who do not appreciate hard work. Ginimbi was a hard worker and the on-going narrative to disrespect his hustles is sad especially to many youngsters who looked up to him as a role model and a source of inspiration,” he said. “People forget that Ginimbi did not just wake up with all the property he had, no he worked hard to amass it. If people can get time to talk to Tazvi Mhaka, Dino Tumbare, Brian Nyanyiwa and Chief Jose they will really come to understand how Ginimbi struggled to be where he was with his life.” Chief Albert said there was overwhelming evidence that Ginimbi worked for his lavish lifestyle. “Ginimbi started from scratch as he worked hard to create inroads for indigenous gas company and when others closed, he continued with the trade. He could go down and rise again, we can even prove that with the bank accounts and invoices,” he said. Meanwhile, Ginimbi’s homestead will this Friday reverberate with sounds of different music genres as several artistes are set to perform at the farewell concert as his body lies in state at the mansion. Ginimbi’s brother and family spokesperson Darlington Kadungure, told this paper that his late brother would be buried on Saturday at his mansion which is set to be turned into a hotel according to his wish. He said as per tradition, Ginimbi’s body would lie in state at his Domboshava mansion on Friday ahead of burial on Saturday, adding that mourners would be gathering at his father’s house to allow undertakers to prepare the grave. Last night, Ginimbi’s friends donated some foodstuffs and other i
Burkina Faso's president vowed to defeat a militant insurgency in his country's north if re-elected.
Roc Marc Christian Kabore was campaigning ahead of an election slated for November 22.
Burkina Faso is one of 3 Sahel countries swept up in militant violence.
''Terrorism has caused much damage in our country - human and material damage as well as administrative damage, with schools closed. Yet despite all this, the people of Burkina Faso have chosen to stand firm because we will never bow before the terrorists\".
The opposition has routinely criticized Kabore's government for failing to stop attacks which have killed many and driven over half a million people from their homes.
13 people in total are seeking the presidency.
Because of the violence affecting a large part of the Burkinabe territory, nearly 1,500 villages will not participate in the vote.
