To circumvent liquidation, proactive engagement with creditors at the early stages of financial distress is imperative
It is well documented that the COVID-19 pandemic is taking its toll on businesses. Commerce in most sectors is fighting to keep their doors open, grappling with creditors to avoid winding up proceedings and its far-reaching implications.
1) Pollution driven by huge increase in mask sales
The promotion of mask wearing as a way to slow the spread of COVID-19 has led to an extraordinary increase in the production of disposable masks: the UN trade body, UNCTAD, estimates that global sales will total some $166 billion this year, up from around $800 million in 2019.
When Carly Beischer, Director of Sales and Partnerships for Ethical Apparel Africa (EAA), first started attending university, she had a clear career path in mind – and it didn’t have anything to do with fashion. Instead, she studied history and had planned on building a career around law.
The African Development Bank estimates that Covid-19 could cost Africa a GDP loss between $22.1 billion and $88.3 billion in the worst case scenario
Toward the end of our first year of marriage, my husband and I made an agreement that forever changed our relationship. We decided that no matter how angry we felt, we would never again suggest we had married the wrong person.
As I picked up the phone, I knew something was wrong. My wife was crying. The doctor had just pronounced our 2-year-old son profoundly deaf, a diagnosis that informed us of his inability to hear. We had no perspective on how to process this diagnosis, just that the doctor said he would never effectively enter the hearing or deaf communities, and it was scary.
I am not typically an angry person. I even received the Gentle in Spirit Award as a young Christian camp counselor. But if you scan my browser history, you will find a recently read an article titled “Why Has Quarantine Made Me So Angry?”
Everyone knows by now that due to a combination of leadership, environment, social ecology, demographics and as yet unknown biological and other factors, Africa has been spared the worst of the havoc that COVID-19 has wreaked on other parts of the globe and was predicted to do here too.
As the pandemic continues to influence how organisations operate and behave, African businesses need to adapt its workforce and technology considerations
In response the Covid-19 pandemic, the Government of Cameroon decided on a number of fiscal measures to support Cameroonian businesses and households
With every industrial revolution comes shifts to social, economic, environmental and political systems, paving the way for transformative changes in the way we live and work.