UN Chief calls for increased efforts to harness Africa’s potential for sustainable growth

Sherwin Bryce-Pease |  @SABCNews The United Nations Secretary General, Antonio Guterres has urged a ramping up of efforts to harness the full potential of trade and industrialization in Africa in order to advance sustainable, inclusive growth. He was addressing the Africa Dialogue Series at the United Nations in the building up to Thursday’s Africa Day commemorations around…

Cholera outbreak claims ten more lives in South Africa

Olivia Kumwenda-MtamboReuters The provincial health department in the South African province of Gauteng on Sunday announced 19 new cases of Cholera in Hammanskraal, including 10 deaths. South Africa reported its first cholera death in February, after the virus arrived in the country from Malawi. It was unclear how many cholera cases there was nationally as of Sunday, but…

WTO chief pushes for reglobalized supply chains to cut down bottleneck risks

Ruxandra IordacheCNBC KEY POINTS World Trade Organization Director-General Ngozi Okonjo-Iweala advocated for diversification in global supply chains, identifying an “overconcentration of manufacturing in certain sectors in certain countries.” “Let’s look for those areas where we have the right environment, diversify and use that to bring them in from the margin into the global system,” she…

OPINION | US laws to promote home-grown industries will hurt African economies

Jonathan Munemo As US allies respond with inward looking protection measures of their own and align with the US to create a global supply chain less reliant on China, worsening economic fragmentation could have far-reaching consequences for countries in Africa, writes Jonathan Munemo. For more financial news, go to the News24 Business front page. The Biden administration has ratcheted…