Browsing: Lockdown in South Africa

The coronavirus (COVID-19) pandemic has taken a new shift in South Africa, as the nation of more than 58 million anticipates to ease down its lockdown with phased reopening after rolling in the strictest movement restriction in the region.

According to information from the Financial Times, the South African government is discussing a five-level alert system, facilitating the current president Cyril Ramaphosa administration to reopen the country with low risk of contracting the virus.

Currently, the situation in South Africa has taken another shift, as Bloomberg News reported according to the health ministry, South Africa has 5,350 confirmed cases as of Wednesday, 354 more than yesterday, while the number of deaths recorded was 103.

Also, the ministry revealed that 11,630 tests were conducted in the past 24 hours, adding up the number of tests to 197,127.

However, the South African agricultural exports are slated to resume operations under the new …

South Africa, Africa’s second-largest economy could be in deep trouble, as the nation’s currency—rand eased against the dollar early on Wednesday, whereby the currency kept on sustaining losses a day after the central bank surprisingly cut lending rates, according to information from Reuters.

The nation’s finance minister Tito Mboweni also gave a warning on the possible trail towards a deep recession this year. In a different occasion, the finance minister highlighted that a recession could hit due to the global coronavirus (COVID-19) pandemic, that has put the world economy at risk.

However, South Africa’s diversified economy was already in recession before the COVID-19 pandemic took a large toll on its economy.

READ:Recession could hit Sub-Saharan Africa, World Bank says

At 0625 GMT, the rand traded at 18.4770 per dollar, 0.9 per cent weaker than its previous close, according to data presented by Reuters.

However, according to the South African …