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39 New Lassa Fever Cases Across 3 States - NCDC

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The Nigeria Centre for Disease Control (NCDC) has confirmed 39 new cases of Lassa fever, recorded between February 25 and March 3 in six states.  Source :  allAfrica.com NCDC’s Chief Executive Officer (CEO), Dr Chikwe Ihekweazu, made this known in a statement on Friday in Abuja. Ihekweazu adds that 1,447 suspected cases had been reported from 33 states and the Federal Capital Territory (FCT) from January 1 to March 3. He said that 420 of the figure were confirmed positive, 15 probable and 939 negative. According to him, from the onset of the 2019 outbreak, there have been 93 deaths in confirmed cases. Case fatality ratio in confirmed cases is 22.1per cent. Problem Areas The NCDC boss said that Edo, Ondo, Bauchi, Nasarawa, Ebonyi, Plateau, Taraba, Adamawa, Gombe, Kaduna, Kwara, Benue, Rivers, Kogi, Enugu, Imo, Delta, Oyo, Kebbi, Cross River states and FCT, had recorded at least one confirmed case in 66 Local Government Areas. He, however, noted that in repor...
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Cap Mining Royalties at 7.5% - Zambia Chamber of Mines

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Zambia’s Chamber of Mines has advised that mineral royalties should be capped at 7.5 percent in the 2020 budget. This is to safeguard the health of the mining sector and promote additional investment. A Zambian Mine. Source : daily maverick.co.za The mining body had this as part of its proposals to the finance ministry. It argued that the 2019 mining tax regime had raised the tax burden on mines to unsustainable and noncompetitive levels. Africa’s No.2 copper producer increased its sliding scale for royalties of four to six percent by 1.5 percentage points and introduced a new ten percent tax when the price of copper exceeded 7,500 dollars per tonne. The scale is adjusted so that royalties are paid at higher levels as commodity prices climb and are reduced as prices fall. The mineral royalty tax should also be tax-deductible for mining firms as making it non-deductible as Zambia does amounts to taxation on revenue not received, it said. The chamber said a proposed swi...
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South Africa's Q2 Growth Beats Expectations, Dodges Recession

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South Africa’s Gross Domestic Product(GDP) has grown more than expected in the second quarter. This has been attributed to a recovery in the mining and manufacturing sectors according to official data on Tuesday. This has given a reprieve to President Cyril Ramaphosa as the economy looks set to dodge recession this year.   The Rand Source: thesouthafrican.com After a downturn in the first half of 2018 when farming plunged, the economy has struggled to regain momentum, posting a shock contraction in the first quarter of this year. Analysts said while the second-quarter GDP print could see South Africa avoid recession in 2019, it was not enough to stop credit rating downgrades linked to debt issues including bailouts for state power utility Eskom. The rand extended gains after the data, firming more than 0.5 percent to a session high of 15.1125. GDP growth in the three months to June was 3.1 percent.’ This comes after a r...
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