Tag: COVID-19
AU Chair appoints Special Envoys to mobilise international economic support for continental fight against COVID-19
13 Apr 20 NewsThe Chairperson of the African Union, President of the Republic of South Africa His Excellency Cyril Ramaphosa has appointed Dr Ngozi Okonjo-Iweala, Dr Donald Kaberuka, Mr Tidjane ...
COVID-19 (Coronavirus) drives Sub-Saharan Africa toward first recession in 25 years
09 Apr 20 NewsFor Sub-Saharan Africa, Coronavirus crisis calls for policies for greater resilience
Growth in Sub-Saharan Africa has been significantly impacted by the ongoing coronavirus outbre...
COVID-19: The global food supply chain is holding up, for now
08 Apr 20 NewsThe unfolding COVID-19 pandemic is so far having little impact on the global food supply chain, but that could change for the worse – and soon – if anxiety-driven panic by majo...
African Development Bank Group unveils $10 billion Response Facility to curb COVID-19
08 Apr 20 NewsThe African Development Bank Group on Wednesday announced the creation of the COVID-19 Response Facility to assist regional member countries in fighting the pandemic.
The Facility...
SADC adopts regional Guidelines for harmonising and facilitating movement of critical goods and services across the region during the COVID-19
08 Apr 20 NewsThe Council of Ministers of the Southern African Development Community (SADC) held their emergency virtual meeting on 6th April, 2020 where, among others, the Ministers adopte...
Trade set to plunge as COVID-19 pandemic upends global economy
08 Apr 20 NewsWorld trade is expected to fall by between 13% and 32% in 2020 as the COVID 19 pandemic disrupts normal economic activity and life around the world.
The wide range of possibilitie...
COVID-19 impact on investment in Africa
07 Apr 20 BlogThe coronavirus (COVID-19) pandemic impacts on foreign direct investment (FDI) across the world. In 2019, UNCTAD anticipated global FDI flows to rise marginally in 2020.[1] However...
Recovery from the Economic Impacts of the COVID-19 Pandemic in Africa: What Role for Trade?
07 Apr 20 BlogThe economic impacts of the COVID-19 pandemic on African countries will be known only after the situation is brought under control. There will be immediate shocks to livelihoods, a...
Temporary suspension of import tariffs on medical products and equipment essential amid the COVID-19 pandemic in Africa
07 Apr 20 BlogMost African countries do not produce medical products and equipment needed to fight the Coronavirus (COVID-19) including soaps or surface-active agents, respiratory masks, protect...
Impact of COVID-19 on poultry production – view from a woman entrepreneur
07 Apr 20 BlogRaseto Agricultural Enterprise produces poultry on contract for Supreme Poultry. In order for us to comply with the lockdown regulations in South Africa, Supreme Poultry arranged a...
Impact of the Coronavirus (COVID-19) on the African Economy
06 Apr 20 NewsThe COVID-19 crisis is affecting the entire world economy and that of Africa. Some key sectors of the African economy are already experiencing a slowdown as a result of the pandemi...
COVID-19: Communiqué of the African Union (AU) Bureau of Heads of State and Government Teleconference Meeting
06 Apr 20 NewsPresident Cyril Ramaphosa of the Republic of South Africa, and Chairperson of the African Union (AU) convened a second and follow-up teleconference meeting of the AU Bureau of Head...
COVID-19 and the legal Measures employed to deal with the Crisis
06 Apr 20 PublicationsPeople and businesses around the world are being affected by the Coronavirus (COVID-19) pandemic. What began as a health crisis, is now also a global economic crisis. What legal pr...
tralac’s Daily News selection
02 Apr 20 NewsTrade events to diarise:
East Africa has been impacted by COVID-19. Cross border trade has especially declined. To discuss mitigation and trade strategies, TradeMark East Afri...
Communiqué of the Bureau of the Assembly of the AU Heads of State and Government Teleconference on COVID-19
30 Mar 20 NewsHis Excellency President Matamela Cyril Ramaphosa, President of the Republic of South Arica, in his capacity as Chairperson of the African Union, convened a teleconference of the B...
Three things the G20 must do to support Africa in COVID-19 Pandemic
26 Mar 20 NewsThis is a global crisis affecting the whole world. Africa, however, will be hit harder with a heavy and durable economic toll, which will threaten progress and prospects, widen ine...
Extraordinary G20 Leaders’ Summit Statement on COVID-19
26 Mar 20 NewsG20 leaders made a statement on COVID-19 after a virtual summit on 26 March 2020
The unprecedented COVID-19 pandemic is a powerful reminder of our interconnectedness and vulnerabi...
Media Briefing on COVID-19 – Remarks by Minister of Trade, Industry and Competition, Ebrahim Patel
26 Mar 20 NewsGovernment’s intervention measures on Coronavirus
Remarks delivered on 24 March 2020
The address by the President last night recognised that saving lives must be the prior...
South Africa’s response to the COVID-19 pandemic
26 Mar 20 Blogtralac is monitoring trade-related policy responses to COVID-19
From midnight on Thursday, 26 March 2020, South Africa is in lockdown for 21 days. This announcement was made by Pr...
World Bank Group increases COVID-19 response to $14 billion to help sustain economies, protect jobs
24 Mar 20 NewsFocus on private sector and workers spearheaded by IFC to mitigate financial and economic impact of crisis
The World Bank and IFC’s Boards of Directors on 17 March 2020 approved...