Tag: COVID-19
tralac’s Daily News selection
28 Apr 20 NewsDiarise: South Africa’s March merchandise trade statistics will be released on Thursday
Selected submissions to the US Trade Representative ahead of negotiations on the proposed...
Ten-point plan to bolster global transport, ease trade during COVID-19
28 Apr 20 NewsUNCTAD issues an action plan to tear down barriers to trade and transport and ensure the free flow of goods, food and essential supplies.
As countries adopt radical measures to br...
COVID-19 Trade and trade-related measures in Africa
27 Apr 20 NewsCountry Policy Tracker
tralac is monitoring trade-related policy responses to the Coronavirus global pandemic. Below is a list of COVID-19 trade and trade-related measures be...
Innovative tech and connectivity key to fighting COVID-19 in Africa
24 Apr 20 NewsDealing with the health and economic challenges of COVID-19 has made one point abundantly clear for African countries – “that we need broadband, faster, cheaper, and expan...
COVID-19 is a matter of life and debt, global deal needed
24 Apr 20 NewsThe coronavirus pandemic hits developing countries at a time when they have already been struggling with unsustainable debt burdens for many years, as well as with rising health ne...
President Cyril Ramaphosa: South Africa’s response to Coronavirus COVID-19 pandemic
23 Apr 20 NewsMy Fellow South Africans,
It has been exactly seven weeks since the first case of the coronavirus was confirmed in our country.
Since then, all our lives have changed in fu...
WTO report finds growing number of export restrictions in response to COVID-19 crisis
23 Apr 20 NewsEighty countries and customs territories so far have introduced export prohibitions or restrictions as a result of the COVID-19 pandemic, according to a new report by the WTO Secre...
President Ramaphosa: Unified Africa can curb COVID-19
23 Apr 20 NewsOnly a unified and coordinated response offers Africa the best possible chance of containing the COVID-19 outbreak.
To achieve this, the continent’s leading business people will...
Three-phased economic response to COVID-19 pandemic
22 Apr 20 NewsGovernment has announced a massive social relief and economic support package of R500 billion which amounts to around 10% of Gross Domestic Product (GDP) to mitigate against the bl...
UN issues appeal to bolster COVID-19 ‘logistics backbone’ or response could stutter to a halt
21 Apr 20 NewsThe heads of major UN humanitarian agencies and offices have launched an urgent appeal for $350 million to support global aid hubs to help those most at risk during the COVID-19 pa...
AUC, Afreximbank, Afrochampions and UNECA Joint Communiqué on the Need for A Holistic and Coordinated Trade and Investment Response to the COVID-19 Pandemic
18 Apr 20 NewsThe 2020 COVID-19 pandemic is a global crisis that is both unprecedented and with many ramifications. The Pandemic poses significant health and social risks to the entire globe. In...
World Bank Group and IMF mobilize partners in the fight against COVID-19 in Africa
18 Apr 20 NewsThe World Bank Group and International Monetary Fund on Friday convened African leaders, bilateral partners, and multilateral institutions to spur faster action on COVID-19 respons...
Will COVID-19 derail AfCFTA start of trading?
18 Apr 20 NewsPreliminary Assessment and Recommendations by AfroChampions
In early March 2020 AfroChampions completed its AfCFTA Year Zero Report: an assessment and ranking of African governmen...
COVID-19: FAO and African Union commit to safeguarding food security amid crisis
17 Apr 20 NewsRegional body and UN agency join forces to minimize lockdown’s impact on continent where one in five goes hungry
The Food and Agriculture Organization of the United Nations (FAO...
Without adequate protection, estimates show that over 300,000 Africans could lose their lives due to COVID-19 – ECA report
17 Apr 20 NewsThe Economic Commission for Africa (ECA), in a new report on the coronavirus pandemic, says over 300,000 Africans could lose their lives due to COVID-19. This, as the pan...
EAC Secretariat urges Partner States to prepare economic recovery plans for the time after COVID-19
15 Apr 20 NewsThe COVID-19 global pandemic is not only a major health crisis that challenges health systems across the globe. It has far reaching ramifications on economies worldwide. The medium...
Finance Minister Tito Mboweni: Media briefing on economy and Coronavirus (COVID-19)
14 Apr 20 NewsThe Covid-19 pandemic is expected to deepen South Africa's economic woes, and is expected to push the economy into a deep recession during 2020.
At a media briefing today, Finance...
Africa’s Response to COVID-19: Key Messages for IMF and WBG Meetings
14 Apr 20 NewsCOVID-19 is a global crisis affecting the whole world. As the days go by the impact of the crisis becomes more visible and more general.
Though hit later, Africa is already facin...
Stronger partnerships crucial for successful implementation of SDGs in light of COVID-19
14 Apr 20 NewsThe Bureau of the Sixth Session of the Africa Regional Forum on Sustainable Development (ARFSD) has met and adopted an action plan establishing key priorities for implementing key ...
How Africa’s economies can hedge against COVID-19
14 Apr 20 NewsIn 2018, 44 countries signed the African Continental Free Trade Area at an extraordinary summit in Kigali. There are now 54 signatories. The agreement will create a tariff-free eco...