Secretariat of East African Community: Installs Mobile Laboratories and Testing Kits to Stave off the Spread of COVID 19

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- East African Community (EAC) Secretariat has progressed in a bid to accentuate actions to ward off the spread of Coronavirus by establishing migratory laboratories and sampling apparatuses in partner states, as regional ministers for health came together to ponder on the novel Coronavirus. The Sectoral Council of Ministers of Health put out a video conference on March 24th, 2020 to bolster methods to shake off the stretch of COVID 19 in the region. The discussion shows up on the back of verified COVID-19 cases in four out of six EAC partner regions, with the affected nations mounting on a number of techniques to deal with the outbreak at a time, at the national wide level. Rwanda was badly affected in...

Zimbabwe: Record Tobacco Exports

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Zimbabwe has exported close to 50,000 tonnes of tobacco to different parts of the world since the beginning of the year, latest data from the Tobacco Industry and Marketing Board (TIMB) reveals. Although TIMB did not indicate the value of the golden leaf so far exported, the bulk of the flue-cured tobacco has been absorbed by markets in the Far East, where 18,673 tonnes were sold followed by the European Union with 11,205 tonnes. In its report, the marketing board noted that, as at March 12, on third position in terms of tobacco exports, the Middle East with 8,981 tonnes, followed by markets in Africa that have bought 6,967 tonnes from Zimbabwe. During the period under review, Europe and the Americas had bought 6,560 tonnes...

Yanga in Tanzania: Contour to Commence Formation of a Stadium

By Abdul Rahman Bangura – NEW AFRICA DAILY NEWS ( NADN ) Freetown, Sierra Leonne- The Young Africans administration are in the conclusive phase of venturing on the building of own state of the art stadium constituting a training center, beginning June, 2020 in the Kigamboni area in Dar es Salaam. The club’s Building and Infrastructure Committee secretary-general, Saidi Mrisho -Secretary-General of Yanga’s Building and Infrastructure Committee said to journalists on March 22nd 2020 that, the arena will also have a gym, a 50m Olympic status swimming pool, and other sports facilities. Mrisho noted, 20,000 quantity seater stadium will also have volleyball and basketball courts for both training and matches of teams enthusiastic in camping at their workout center to be noticed...

South Africa: Absa Group Records Marginally Improved Performance

By Richard Adorsu- NEW AFRICA DAILY NEWS (NADN) Accra, Ghana- Absa Group Ltd has reported improving revenue growth for the 2019 financial year, with headline earnings growing slightly. “We delivered a resilient performance against a challenging macroeconomic backdrop. We maintained balance sheet momentum and growth was broad-based across most businesses,” said Daniel Mminele, Absa Group Chief Executive Officer. Absa Group revenue increased 6% while headline earnings, the measure most analysts use to gauge profit, rose 1% as impairments increased. “Our revenue growth is showing an improving trend, with strong deposit growth of 12% and customer loan growth of 9% for the Group,” said Absa Group Financial Director Jason Quinn. Overall, Absa’s balance sheet, revenue...