South African Breweries shelves $165 million of investment after third ban on alcohol sales
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South African Breweries shelves $165 million of investment after third ban on alcohol sales

South African Breweries (SAB) has cancelled $165 million of investment earmarked for 2021 after the government imposed a third local ban on alcohol sales in the country. SAB’s cancelled investments in South Africa now total $330 million as the firm in August cancelled $165 million of planned expenditure following a second alcohol van. South Africa’s…

WHO: African nations will receive COVID-19 vaccines in first quarter
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WHO: African nations will receive COVID-19 vaccines in first quarter

African countries are in line to receive the first batches of coronavirus vaccines in the first quarter of the year, a scientist at the World Health Organization said in a virtual briefing in Geneva. “In the second and third quarters of this year is when we are really going to start seeing volumes,” Soumya Swaminathan…

Central African Republic to receive $34.4 million loan from IMF
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Central African Republic to receive $34.4 million loan from IMF

Central African Republic will receive $34.4 million from the International Monetary Fund (IMF) after the Washington-based lender completed the first and second reviews of its $115 million loan program. The funds are much needed as the country is battling the coronavirus pandemic effects on its economy as well as increased violence launched in opposition to…