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People who are out of work after contracting COVID-19 were told Friday a solution is coming that will ensure sick benefit payments by the National Insurance Scheme (NIS). Consultant Manager of Home Isolation Dr Adanna Grandison confirmed on Friday that authorities were nearing the implementation of a digital payment system that would allay the fears […]
The post NIS benefit payment system ‘coming’ for COVID-positive workers appeared first on Barbados Today.
The president also stressed the importance of keeping the economy open after months of stifling movement restrictions.
He urged citizens not to drop their guard and continue adhering to the health rules, such as wearing face masks and respecting curfew times.
South Africa has recorded just over 800,000 coronavirus infections - more than a third of the cases reported across the African continent - and over 20,000 deaths.
AFP
PLANS by three of the country’s biggest foreign-controlled firms to invest fresh capital into their local operations represent the earliest pointers to a potential bounce back next year following a turmoil-filled 2020, researchers at IH Securities said on Monday. BY SHAME MAKOSHORI Swiss-headquartered foods and beverages giant, Nestle and Jersey-based Caledonia Mining Corporation have announced combined investments totalling US$62,5 million into Zimbabwe in the past week. Caledonia operates Blanket gold mine, one of the country’s biggest bullion extraction outfits. Platinum miner, Zimplats has also been making aggressive expansion moves at its Ngezi operation. Foreign firms hold the key to the development of frontier markets and the attitude of those already invested shapes perceptions across fund managers and individual investors seeking opportunities in a given destination. In a two-page paper titled Macro-Economic Update, Zimbabwe 2021 National Budget Review, IH said the optimism demonstrated by the three firms received a boost when Finance minister Mthuli Ncube attempted in next year’s fiscal plan to make interventions that may steer industries back to improved production. The past two years have been difficult for Zimbabwe, which has battled acute foreign currency, fuel and power shortages. These were compounded by inflationary surges in the past 12 months, together with exchange rate volatilities that only cooled off after the central bank introduced the forex auction system in June. At the beginning of the year, Zimbabwe’s fragile economy was hit by the COVID-19 pandemic, which forced government to shut down businesses, as authorities tried to prevent contagion. However, IH’s paper said stability would only be sustained if the exchange rate continued on a positive trajectory. “The 2021 budget attempts to solve the underlying problem of productivity through several measures, the main lever of which is stabilisation of the local currency,” IH said. “Trading updates for 3Q20 (third quarter 2020) have consistently shown recovering retail volumes from the sharp decline in 1H2020 (first half 2020) implying some recovery in consumer demand. Interestingly, companies servicing the infrastructure industry such as Proplastics and Lafarge have also shown improved order books implying growth in capital spend. We also note signs that some foreign-based parent companies, including Nestle, Caledonia and Zimplats, have indicated intent to increase investment in their local subsidiaries. The relatively stable environment in H2 set up by a surprisingly stable forex auction market and a resultantly stable Zimbabwe dollar has improved business and consumer confidence,” the paper said. Last week, Caledonia said it had spent US$60 million developing its flagship central shaft project, which is due to be commissioned in 2021. “We have invested approximately US$60 million in this project since we first announced it in 2015 and it has been owner-built and fully funded through internal cashflow and has been completed at a cost that is w
TOKYO, (Reuters) - Refund requests have been made for around 18% of the tickets sold in Japan for the Tokyo Olympics, the organising committee said yesterday.
The article Refunds sought for 18% of tickets sold in Japan, organisers say appeared first on Stabroek News.
HUNDREDS of Zimbabweans are stranded at the country’s borders with South Africa and Botswana due to lack of credible COVID-19 test certificates and various documents. The stranded people include two footballers on their way to join a Palapye-based soccer outfit, informal traders and others returning home after almost nine months living outside the country following closure of the borders as a result of the COVID-19 pandemic. Triangle United Football Club player, Agrippa Murimba, and Harare City Football Club’s Raymond Uchena, who are planning to join Morupule Wanderers, told VOA Zimbabwe Service that they had been stuck at Botswana’s Ramokgwebana border post for almost two days. Immigration officials are questioning the validity of their COVID-19 test certificates. Others stuck at the same place are Gertrude Maravanzira, who is on her way to visit her husband in Botswana, Walter Mukanga and several others. Immigration officials declined to comment, referring all questions to the country’s Health minister Edwin Dikoloti, who stressed that they would not allow any person to visit Botswana without proper COVID-19 test certificates. According to Denis Juru, president of the International Cross Border Traders Association of Zimbabwe, hundreds of people have been turned away at Zimbabwe’s ports of entry with authorities citing lack of authentic COVID-19 tests, improper travel documents and other issues. Juru said on Tuesday alone, about 622 of the 6 338 Zimbabweans intending to cross the Beitbridge Border Post were turned away due to lack of proper documentation, including COVID-19 test certificates. At least 230 people faced the same problem at Plumtree Border Post where 2 148 locals wanted to return home or visit Botswana. At Forbes Border Post 531 people failed to produce proper documentation while 314 Zimbabweans were also stranded at Chirundu Border Post. There were 38 and 41 such cases at Nyamapanda and Victoria Falls border posts, respectively. Juru told VOA Zimbabwe Service’s Livetalk show that “some of the people were just coming (home) without COVID-19 test certificates or a certificate that had expired. A COVID-19 test certificate is only valid for 72 hours, which is three days. So, we advise all travellers to have proper documentation. What they need is very simple as they only need to add a COVID-19 test certificate to the documentation they normally carry when crossing borders. Immigration officials in Harare declined to comment — VOA
Kevin Kelley's upscale Dallas establishment is booked for reservations at a high clip despite all the chatter over the viral video.
In the latest news in South Africa on Friday 4 December, Nelson Mandela Bay has officially been declared a Covid-19 hot spot.
The Chief Executive Officer of the Barbados Medicinal Cannabis Licensing Authority (BCLA), Dr. Shantal Munro-Knight says the Mia Mottley-led administration is moving ahead with plans to develop a medicinal cannabis industry.
As the U.S. COVID-19 death toll hit a single-day, record-breaking high, Shelby County’s surge this week follows that alarming trend, according to the Shelby County COVID-19 Joint Task Force. Thursday, around the nation, 3,156 deaths from the virus were reported, the deadliest day this year. Shelby County’s new cases Thursday totaled 368, with 11 deaths. […]
Chadwick Boseman will be honored posthumously at the upcoming MTV Movie & TV Awards Greatest of All Time special. Don... View Article
The post Chadwick Boseman to be honored at MTV Movie & TV Awards special appeared first on TheGrio.
By Stacy M. Brown, NNPA Newswire Senior National Correspondent For NBA Legend Isiah Thomas, there’s only one thing better than talking basketball: It’s discussing his beloved sport over a glass of his award-winning Cheurlin Champagne. Thomas, who led the Indiana Hoosiers to an NCAA title and twice guided the Detroit Pistons to an NBA championship, discussed basketball and Cheurlin Champagne with the Black Press during a recent livestream broadcast. “Earlier, I co-founded a popcorn company called Popcorn Indiana, and when I sold that company, I was looking for my next venture to go into,” Thomas remarked. “I looked at the […]
The post Isiah Thomas Talks Basketball and Champagne with the Black Press appeared first on Black News Channel.
… his scenes of almost-everyday African-American life. The display came to … , 3,000-quilt cache of African-American quilts that if handled properly …
BRIDGETOWN, Barbados, Dec. 3, CMC – The Chief Executive Officer of the Barbados Medicinal Cannabis Licensing Authority (BCLA), Dr Shantal Munro-Knight says the Mia Mottley-led administration is moving ahead with plans to develop a...
Bolder implementation of economic reform announcements is needed to lift confidence in South Africa's economy, writes Natale Labia.
NNPA Press Room Dubbed the “she-cession,” women face disproportionate housing impacts due to unemployment, housing tenure and childcare. Unemployment claims for women were up 1,368 percent year over year at the height of the COVID-19 recession. Last month, women represented 80 percent of those who dropped out of the labor force. Women are more likely […]
The post Women More Likely to Face Housing Insecurity in Pandemic-Led Recession appeared first on Voice and Viewpoint.
