GHANA BECOMES FIRST WEST AFRICAN COUNTRY TO RECEIVE CORONAVIRUS VACCINES

GHANA BECOMES FIRST WEST AFRICAN COUNTRY TO RECEIVE CORONAVIRUS VACCINES

Ghana has become the first country to receive a delivery of coronavirus vaccines from the global effort to boost inoculation access, beating giant Nigeria to roll out a vaccination programme to protect its citizens. A plane with 600,000 initial doses and made by Astrazeneca landed in the capital Accra Wednesday to the delight of the people and government of the West African nation that has recently been punching its weight. Vaccinations are now expected to…

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COVID-19: HOW TECH IS HELPING CONSTRUCTION COMPANY

COVID-19: HOW TECH IS HELPING CONSTRUCTION COMPANY

The covid-19 pandemic has truely changed the world with the construction industry heavy affected. So far, different measures has been taken to help ease the stress individual faced with this global pandemic. Amid all the stories about layoffs, insolvencies and other calamities caused by the virus crisis, some positives has been recorded with the help of digital technology. Since lockdown began in March, almost everyone in business has learned first-hand about the potential of video…

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COVID-19 PANDEMIC SHOWCASING NAMIBIA’s POOR HOUSING SYSTEM

COVID-19 PANDEMIC SHOWCASING NAMIBIA’s POOR HOUSING SYSTEM

As the pandemic keeps spreading with new cases recorded on a daily basis, so many aspect of a country failing system has been put on spotlight. In Namibia, the country housing sector has taken a rapid decline since the covid-19 pandemic began as resident in some region is having serious challenges especially Walvis Bay residents. Speaking to the media, Mike Kavekotora said Walvis Bay residents needs urgent attention, suggesting rescue measures should be implemented to…

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THE NIGERIAN BUILT INDUSTRY IN THE POST COVID-19 ERA

THE NIGERIAN BUILT INDUSTRY IN THE POST COVID-19 ERA

Gambeta News Digital Dialogue A series of online discussion with themes that are centred around inspiring the development of Africa’s Infrastructure. THEME: Post-COVID 19 Survival Strategies An online discussion aimed at fostering the exchange of ideas as we emerge from this pandemic. Sir. Winston Churchill says, ‘don’t waste a crisis’. Hence, Africa should cease this novel opportunity to build a better and more sustainable future. TOPIC: The Nigerian Built Industry in the post COVID-19 Era…

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NAMIBIA RELAXES LOCKDOWN TO SAFEGUARD ECONOMY

NAMIBIA RELAXES LOCKDOWN TO SAFEGUARD ECONOMY

Over the past several weeks, there has been an increase in the number of COVID19 cases in Namibia. The total number of confirmed cases in the country is 63, with 28 new cases reported during the past 7-day period (24th June 2020). The Index Case in the country was on 14 March 2020. Namibia will migrate from STAGE 3 to STAGE 4 with Relaxed Precautions on 30 June to 17 September 2020 for an extended…

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MASS HOUSING AND ROAD CONSTRUCTION WILL SAVE NIGERIA FROM RECESSION

MASS HOUSING AND ROAD CONSTRUCTION WILL SAVE NIGERIA FROM RECESSION

The Economic Sustainability Committee (ESC) – an inter-ministerial committee headed by Nigeria’s Vice President Yemi Osinbajo is recommending mass housing and roads construction in the post COVID-19 era. This will form part of strategies to save Nigeria’s oil-dependent economy from slipping into recession post pandemic. The crashing of oil prices in the global market combined with COVID-19 is forcing the Giant of Africa to ‘think outside the box’. The committee believes this strategy will keep…

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THE FATE OF CONSULTANCY SERVICES/ PROJECTS IN NIGERIA AFTER COVID-19

THE FATE OF CONSULTANCY SERVICES/ PROJECTS IN NIGERIA AFTER COVID-19

Good evening distinguished firm members and wonderful audience. Welcome to this Business Evening organised by ACEN for consulting firms in the Port Harcourt Zone. Let me briefly thank ACEN secretariat and the Port Harcourt Business Evening Organising Committee for putting this event together. This evening I shall be sharing with you some thoughts on the Fate of consulting services/projects in Nigeria after COVID-19. The challenges and impacts of the unprecedented novel coronavirus, has dominated global,…

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ZIMBABWE’S HEALTH MINISTER ARRESTED FOR EXPLOITING THE COVID-19 PANDEMIC

ZIMBABWE’S HEALTH MINISTER ARRESTED FOR EXPLOITING THE COVID-19 PANDEMIC

As the world shut its borders and cities to curb the pandemic, politicians came into the market square to loot funds meant for palliative and medical supplies. Reports coming out of Zimbabwe, suggest that the Health Minister Obadiah Moyo has been apprehended by police officers on suspicion of his involvement in a US$60 million corruption scandal meant for the procurement of medical supplies. You will recall that Zimbabwe is currently facing challenges with a currency…

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KEY TAKEAWAYS FROM IMF WEBINAR

KEY TAKEAWAYS FROM IMF WEBINAR

GENERAL OUTLOOK 1. Africa seems to be suppressing the curve so far. It looks like it might escape the worst of the pandemic, but will have to be cautious about it. 2. Possibility of W Curve – i.e. There is a good chance of re-occurrence of the virus, which could see a possibility of regular lockdowns. Businesses need to plan accordingly. 3. Capital will look for countries that are less battered. Western economies are badly…

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NNPC ANNOUNCED PLANS TO BUILD HOSPITAL IN 12 STATES

NNPC ANNOUNCED PLANS TO BUILD HOSPITAL IN 12 STATES

Nigerian National Petroleum Corporation (NNPC) has announced plans to build hospitals in 12 states across the six geopolitical zone in the country. The project is a joint venture between the NNPC and its partners, with a budgeted construction cost set for US$53.9m (N21 billion). Minister for Health Senator Olorunnimbe Mamora, made the statement during a groundbreaking ceremony of the Emergency and Infectious Disease Hospital in Maiduguri, Borno State, at the weekend. According to Mamora, the…

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COVID-19 SLOWING DOWN CONSTRUCTION OF RAILWAY IN NIGERIA

COVID-19 SLOWING DOWN CONSTRUCTION OF RAILWAY IN NIGERIA

Nigeria Government say the novel virus is seriously affecting the completion of the railway project across the nation. Speaking to the Media, Minister of Transportation, Rotimi Amaechi, has expressed worry due to the slow pace of the project. Ameachi says if not for the shutdown, passengers could move from Lagos to Ibadan by rail without using the road. According to him, “If not for COVID-19, you can transport from Lagos to Ibadan without going by road,…

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CONSTRUCTION CONTRACTOR IN SOUTH AFRICA UNDER SIEGE

CONSTRUCTION CONTRACTOR IN SOUTH AFRICA UNDER SIEGE

South Africa construction industry was on hold for five weeks due to the Covid-19 pandemic. These has made the construction industry to suffer with contractor been affected the most. Even before the temporary closure of activities in the sector, it was already having a steep decline as only few company has the cash reserves to remain sustainable in the current environment. These was made know by construction and technology law specialist MDA Attorneys. According to…

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FIDIC COVID-19 Webinar Series – COVID 19: How do you defend your balance sheet, secure your business financial position and ensure liquidity

FIDIC COVID-19 Webinar Series – COVID 19: How do you defend your balance sheet, secure your business financial position and ensure liquidity

COVID 19: How do you defend your balance sheet, secure your business financial position and ensure liquidity Registration Registration date: 21 April, 2020 – 08:30 to 12 May, 2020 – 10:00 The Covid-19 crisis has exposed the fragility of several company’s balance sheets. With some industries running off a capital balance that only allows for a few months’ operation or where debt covenants are easily breached, it is vital for companies to understand their business and financial…

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COVID-19: FIDIC GUIDANCE FOR GLOBAL CONSULTING ENGINEERING BUSINESSES

COVID-19: FIDIC GUIDANCE FOR GLOBAL CONSULTING ENGINEERING BUSINESSES

The purpose of this document is to provide some guidance to FIDIC member associations and consulting engineering firms to survive the crisis and to thrive beyond it. The COVID 19 pandemic is challenging our people and our businesses in ways many of us had not planned for and requires a response to protect both and to give both future good health and success. The FIDIC board has taken many steps to protect our organisation, our…

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ENGINEERING AND COVID-19 IN SA

ENGINEERING AND COVID-19 IN SA

In view of President Ramaphosa’s declaration of a National State of Disaster concerning COVID-19, the question arises as to what role engineering plays in alleviating the plight of those affected or who could be affected.    Taking a step back, the engineers’ role is to provide all people in South Africa with adequate and appropriate infrastructure services in order to ensure quality of life to all. These services include the provision of quality water, sanitation,…

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IMPACT OF COVID-19 ON AFRICA’S ENERGY AND MINING SECTOR

IMPACT OF COVID-19 ON AFRICA’S ENERGY AND MINING SECTOR

Kieran Whyte discusses the impact of COVID-19 on Africa’s Energy and Mining Sectors. He is a Partner and Head of the Energy, Mining and Infrastructure Practice, at Baker McKenzie Johannesburg China appears to have been more interested than any other big economy in investing in the African mining sector. According to China Mining 2018, in 2011, China investors controlled only about 10 mining operations on the continent and this figure rose to at least 24 in…

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IMPACT OF COVID-19 ON AFRICA’S INFRASTRUCTURE DEVELOPMENT

IMPACT OF COVID-19 ON AFRICA’S INFRASTRUCTURE DEVELOPMENT

Kieran Whyte discusses the impact of COVID-19 on Africa’s infrastructure development. He is a Partner and Head of the Energy, Mining and Infrastructure Practice, at Baker McKenzie Johannesburg. China has long been a key partner in Africa’s infrastructure development. Baker McKenzie research with IJGlobal, A Changing World: New trends in emerging market infrastructure, showed that China has targeted sub-Saharan Africa in recent years, both in the context of its need for natural resources and as…

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IMPACT OF COVID-19 ON AFRICA

IMPACT OF COVID-19 ON AFRICA

Kieran Whyte discusses the impact of COVID-19 in Africa. He is a Partner and Head of the Energy, Mining and Infrastructure Practice, at Baker McKenzie Johannesburg The Coronavirus (COVID-19) has resulted in mass production shutdowns and supply chain disruptions due to port closures in China, causing global ripple effects across all economic sectors in a rare “twin supply-demand shock”. With South Africa having just reported its first cases of COVID-19, Africa is beginning to feel…

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