Ethiopia has gazette a new law that could see people jailed for up to two years if they deliberately violate restrictions aimed at curbing the spread of COVID-19. The new decree from the attorney general’s office comes amid heightened concern that citizens are becoming lax after a state of emergency was lifted. Alongside the new…
South Africa’s cabinet has approved sweeping policies to lift the domestic ferrochrome industry including through an export tax on chrome ore. While reading the cabinet statement, Minister in the Presidency Jackson Mthembu said, “The interventions include the proposed introduction of the export tax on chrome ore, the usage of energy efficiency technologies on smelters, and…
Botswana’s government has approached the World Bank for budgetary support as the country’s economy suffers from a dip in revenues due to the ongoing COVID-19 pandemic. Botswana’s economy dropped by 24% in the second quarter of 2020, as coronavirus enforced lockdowns at home and across the world slowed down domestic economic activity and limited diamond…
Global payments provider firm PayPal has announced that it will allow customers to hold bitcoins and other virtual coins its online wallet, and shop using cryptocurrencies at the 26 million merchants on its network. Through this move, the California based company could aid bitcoin and rival cryptocurrencies gain wider adoption as viable payment methods across…