South Africa’s President Cyril Ramaphosa addressed the nation announcing that the country will be placed on ‘Level 3’ on June 1st.
The president further stated that alcohol will be sold for home consumption. The sale of tobacco products will remain prohibited due to the health risks associated with smoking.
Here’s the full speech below:
ADDRESS BY PRESIDENT CYRIL RAMAPHOSA ON SOUTH AFRICA’S RESPONSE TO THE CORONAVIRUS PANDEMIC, UNION BUILDINGS, TSHWANE 24 MAY 2020
Ri perile, Dumelang, Sanibonani, Molweni, Ndi madekwana, Gooie naand, Good evening.
It is exactly 10 weeks since we declared a national state of disaster in response to the coronavirus pandemic.
Since then, we have implemented severe and unprecedented measures – including a nation-wide lockdown – to contain the spread of the virus.
I am sorry that these measures imposed a great hardship on you – restricting your right to move freely, to work and eke out a livelihood.
As a result of the measures we imposed – and the sacrifices you made – we have managed to slow the rate of infection and prevent our health facilities from being overwhelmed.
We have used the time during the lockdown to build up an extensive public health response and prepare our health system for the anticipated surge in infections.
Now, as we enter the next phase of our struggle against the coronavirus, it is once again your actions that will determine the fate of our nation.
As individuals, as families, as communities, it is you who will determine whether we experience the devastation that so many other countries have suffered, or whether we can spare our people, our society and our economy from the worst effects of this pandemic.
We know that the most effective defence against this virus is also the simplest.
Washing our hands regularly, wearing a face mask, keeping at least a 1.5 metre distance from other people, avoiding touching our faces with unwashed hands and cleaning surfaces we touch regularly.
It is through diligently and consistently observing these basic practices that we will overcome this pandemic.
There are now 22,583 confirmed coronavirus cases in South Africa.
Around half of these people have recovered, either because their symptoms have been mild or because of the care they have received in our hospitals.
Tragically, some 429 people have died.
To their families, friends, and colleagues, we offer our deepest sympathies.
Your loss is our loss.
There are now just over 11,000 active coronavirus cases in the country.
Of these, 842 patients are in hospital and 128 of these are in intensive care.
The number of infected people could have been much higher had we not acted when we did to impose drastic containment measures.
We are consequently in a much better position than many other countries were at this stage in the progression of the disease.
As a result of the drastic containment measures we have taken, we have been able to strengthen our health response.
As of today, we have conducted over 580,000 coronavirus tests and more than 12 million screenings.
There are nearly 60,000 community health workers who have been going door-to-door across the country to identify possible cases of coronavirus.
In preparation for the expected increase in infections, around 20,000 hospital beds have been, and are being, repurposed for COVID-19 cases, and 27 field hospitals are being built around the country. A number of these hospitals are ready to receive coronavirus patients.
At the same time, we have experienced several challenges, including a shortage of diagnostic medical supplies as a result of the great demand for these supplies across the world.
This has contributed to lengthy turnaround times for coronavirus testing, which in turn has had an impact on the effectiveness of our programmes.
The scale and the speed of the public health response to this emergency has been impressive, but there is still much more that we need to do.
We have known all along that the lockdown would only delay the spread of the virus, but that it would not be able to stop it.
Until there is a vaccine available to all, the coronavirus will continue to spread in our population. This means that we must get used to living with the coronavirus for some time to come.
There is a massive global effort to develop a vaccine, of which South Africa is part.
Government is supporting and funding several research projects, including a plan to locally manufacture coronavirus vaccines as soon as candidates are available. We will use the skills, expertise, infrastructure and organisations within the vaccines industry to produce and distribute the vaccine.
We have argued that should a vaccine be developed anywhere in the world it should be made freely and equitably available to citizens of all countries.
As scientists had predicted, the infections in our country have now started to rise sharply.
One-third of the cumulative confirmed cases were recorded in the last week alone.
And we should expect that these numbers will rise even further and even faster.
Various models have been built to predict the trajectory of the virus and help to inform our planning and budgeting.
These models tell us two important things.
Firstly, that the coronavirus pandemic in South Africa is going to get much worse before it gets better.
Secondly, and most importantly, they tell us that the duration, scale and impact of the pandemic depends on our actions as a society and on our behaviour as individuals.
By following basic defensive practices, we can reduce both the number of infections and the number of deaths.
When I last addressed the nation, I said that we would undertake a process of consultation to guide the actions we must now take.
Since then, we have met with the leaders of political parties represented in Parliament and with business, trade unions and the community constituency.
We have met with Premiers, mayors, representatives of the South African Local Government Association, traditional leaders and representatives of interfaith communities.
As we have done from the start of this crisis, we have also sought the advice of the Ministerial Advisory Committee on COVID-19, who are a group of highly qualified, respected and experienced scientists, clinicians, epidemiologists and public health experts.
We are extremely grateful for the work they have done and continue to do to ensure that our response is informed by the best available scientific evidence.
We appreciate the diverse and sometimes challenging views of the scientists and health professionals in our country, which stimulate public debate and enrich our response.
We have also been guided by advice from the World Health Organization and the Africa Centres for Disease Control and Prevention.
As we are dealing with a pandemic that affects the lives and livelihoods of all South Africans, it was important that we consult as widely as possible.
These consultations have been both necessary and worthwhile in that we received several constructive suggestions.
They have enriched the thinking in government, providing a direct view of the challenges that our people in different constituencies confront.
The groups we consulted are as diverse and as varied as the South African people themselves, and all agree that we acted appropriately and decisively to slow the spread of the virus.
They are all united in their insistence that our central goal must be to save lives and protect livelihoods.
While there are several areas of difference, all of these groups are in broad agreement on the approach we need to take to build on the gains we have made thus far.
While the nation-wide lockdown has been effective, it cannot be sustained indefinitely.
We introduced the five-level COVID-19 alert system to manage the gradual easing of the lockdown.
This risk-adjusted approach is guided by several criteria, including the level of infections and rate of transmission, the capacity of health facilities, the extent of the implementation of public health interventions and the economic and social impact of continued restrictions.
It is on the basis of these criteria – and following consultation – that Cabinet has determined that the alert level for the whole country should be lowered from level 4 to level 3 with effect from 1 June 2020.
Moving to alert level 3 marks a significant shift in our approach to the pandemic.
This will result in the opening up of the economy and the removal of a number of restrictions on the movement of people, while significantly expanding and intensifying our public health interventions.
Even as we move to alert level 3 it is important that we should be aware that there are a few parts of the country where the disease is concentrated and where infections continue to rise.
We will have a differentiated approach to deal with those areas that have far higher levels of infection and transmission.
These areas will be declared coronavirus hotspots.
A hotspot is defined as an area that has more than 5 infected people per every 100,000 people or where new infections are increasing at a fast pace.
The following metros have been identified as coronavirus hotspots: Tshwane, Johannesburg, Ekurhuleni, Ethekwini, Nelson Mandela Bay, Buffalo City and Cape Town.
The other areas that are hotspots are West Coast, Overberg and Cape Winelands district municipalities in the Western Cape, Chris Hani district in the Eastern Cape, and iLembe district in KwaZulu-Natal.
We are particularly concerned about the situation in the city of Cape Town and in the Western Cape generally, which now has more than half the total infections in the country.
We are attending to this as a matter of urgency.
The list of hotspot areas will be reviewed every two weeks depending on the progression of the virus.
In dealing with the virus in these areas we will implement intensive interventions aimed at decreasing the number of new infections
We are putting in place enhanced measures of surveillance, infection control and management.
We will assign a full-time team of experienced personnel to each hotspot.
This team will include epidemiologists, family practitioners, nurses, community health workers, public health experts and emergency medical services, to be supported by Cuban experts.
We will link each hotspot to testing services, isolation facilities, quarantine facilities, treatment, hospital beds and contact tracing.
Should it be necessary, any part of the country could be returned to alert levels 4 or 5 if the spread of infection is not contained despite our interventions and there is a risk of our health facilities being overwhelmed.
In time, however, through our efforts, it will be possible to place areas where infections are low on levels 2 or 1.
The implementation of alert level 3 from the beginning of June will involve the return to operation of most sectors of the economy, subject to observance of strict health protocols and social distancing rules.
The opening of the economy and other activities means that more public servants will be called back to work.
This will be done in accordance with provisions of the Occupational Health and Safety Act and as guided by the Department of Public Service and Administration working together with all other departments in government.
We appreciate the work that continues to be done by public servants especially those in the front line in the fight against COVID-19.
The safety of all workers, including public servants, is a matter of concern to us.
We will continue to make all efforts for the adequate provision of personal protection equipment to ensure safety for everyone while at work.
Our priority is to reduce the opportunities for the transmission of the virus and create a safe environment for everyone.
We are therefore asking that those who do not need to go to work or to an educational institution continue to stay at home.
People will also be able to leave their homes to buy goods or obtain services including medical care.
People will also be able to exercise at any time during the day, provided this is not done in groups.
The curfew on the movement of people will be lifted.
Alcohol may be sold for home consumption only under strict conditions, on specified days and for limited hours.
Announcements in this regard will be made once we have concluded discussions with the sector on the various conditions.
The sale of tobacco products will remain prohibited in alert level 3 due to the health risks associated with smoking.
All gatherings will remain prohibited, except for funerals with no more than 50 people or meetings in the workplace for work purposes.
Any place open to the public where cultural, sporting, entertainment, recreational, exhibitional, organisational or similar activities may take place will remain closed.
We have had fruitful discussions with leaders of the interfaith religious community on their proposals for the partial opening of spiritual worship and counselling services subject to certain norms and standards.
We have all agreed to have further discussions on this issue and are confident we will find a workable solution.
We wish our Muslim compatriots well for Eid.
They have all gone through a period of sacrifice, which should ordinarily be followed by a celebration.
We wish to thank them for making the necessary adjustments to this celebration as we continue to fight this pandemic together.
In opening up the economy, we will rely on social compacts with all key role players to address the key risk factors at the workplace and in the interface between employees and the public.
We will therefore be finalising a number of sector protocols and will require every company to develop a workplace plan before they re-open.
According to these plans, companies will need to put in place sanitary and social distancing measures and facilities; they will need to screen workers on arrival each day, quarantine those who may be infected and make arrangements for them to be tested.
They also need to assist with contact tracing if employees test positive.
Because of their vulnerability, all staff who are older than 60 years of age and those who suffer from underlying conditions such as heart disease, diabetes, chronic respiratory disease and cancer should ideally stay at home.
Employees who can work from home should be allowed to do so.
Subject to these measures, all manufacturing, mining, construction, financial services, professional and business services, information technology, communications, government services and media services, will commence full reopening from 1 June.
Appropriate restart and phasing in arrangements will need to be put in place for every workplace.
Wholesale and retail trade will be fully opened, including stores, spaza shops and informal traders. E-commerce will continue to remain open.
Other sectors that opened previously, such as agriculture and forestry, utilities, medical services, food production and manufacture of hygiene products, will remain fully opened.
To ensure that we maintain social distancing, certain high-risk economic activities will remain prohibited. These include:
- Restaurants, bars and taverns, except for delivery or collection of food. – Accommodation and domestic air travel, except for business travel, which will be phased in on dates to be announced. – Conferences, events, entertainment and sporting activities. – Personal care services, including hairdressing and beauty services.
The return to work will be phased in so that the workplace can be made coronavirus-ready. It must be done in a manner that avoids and reduces risk of infection.
We have held discussions with the tourism, hotel and restaurant industry regarding the challenges and hardships these sectors are experiencing.
They have made several proposals, regarding the measures they intend to put in place when their sectors are opened. We are giving consideration to the proposals.
There are many companies that have gone beyond what is required by regulation to support the coronavirus response, including those who already provide screening, testing and even isolation facilities for their employees.
We will be discussing with larger employers how they can make quarantine facilities available for their workers.
We applaud those companies that have contributed to the Solidarity Fund and in other ways to our response. These include companies like Volkswagen, which is building a field hospital in an unused factory in Nelson Mandela Bay that can accommodate 4,000 beds.
One of the greatest challenges we will face with the move to level 3 – which will enable the return to work of up to 8 million people – will be the increased risk of transmission in public transport.
We need to have a partnership between commuters, taxi and bus operators, business and government to keep our people safe.
Commuters will always need to wear masks, to wash their hands before and after they have travelled and avoid touching their faces with unwashed hands.
Commuters will also need to keep a safe distance from other commuters.
Taxi and bus operators need to observe the regulations to be announced by the Minister of Transport, including ensuring that their vehicles are regularly sanitised.
A number of businesses have advised us that they are looking at how they can reduce congestion on public transport, including through staggering working hours and providing transport for employees. 8
Our national borders will remain closed except for the transport of goods and repatriation of nationals.
Another difficult challenge that we had to confront is the reopening of schools.
Our priority is the health and well-being of learners, students, educators and workers in these institutions.
We are also concerned about the growth and development of our children and that an entire generation of learners should not be permanently disadvantaged by this pandemic.
We are therefore taking a cautious and phased approach to the re-opening of schools, guided by medical advice and in consultation with all stakeholders.
We will be resuming classes for grades 7 and 12 learners from 1 June.
Strict infection control measures and, where necessary, additional water and sanitation infrastructure are being put in place to enable social distancing, regular hand washing and learner safety.
Measures are also being put in place to ensure safety as children access the school nutrition programme and learner transport.
The school calendar will be revised, and the curriculum trimmed so that we can still recover the 2020 school year.
It is understandable that there is some concern about the re-opening of schools, and I must stress that no parent will be forced to send their child to school if they are worried about safety.
But if we all work together, if we diligently follow all the precautions and protocols, we will be able to keep our schools safe.
We are also taking a phased approach to the resumption of learning at institutions of higher learning.
From 1 June, all public universities are expected to implement remote teaching and learning strategies to ensure that all students are given a fair opportunity to complete the 2020 academic year.
With the start of alert level 3, no more than a third of the student population will be allowed to return to campuses on condition that they can be safely accommodated.
Institutions will open up further as the coronavirus alert level changes.
As we mobilise our health resources to meet the expected surge of coronavirus cases, we must make sure that we do not create the space for the emergence of other health crises.
Routine health services should therefore be fully opened and continue to provide services with attention to childhood immunisation, contraceptive services, antenatal care, diagnosis and treatment of tuberculosis and HIV, management of chronic diseases and support for survivors of gender-based violence. 9
We need to consistently affirm that the rights of all people to life and dignity stands at the centre of our response to the coronavirus, and that we must stand firm against any actions that infringe on these and other basic human rights.
Fellow South Africans,
We have witnessed the courage of those who have continued to work throughout the nationwide lockdown, caring for those who are sick, providing food and basic services, working to keep our country going under difficult conditions.
The burden of the lockdown has been most severe for those least able to bear it.
Now it is time for most of us to return to work and to resume parts of our lives that have been on hold since the lockdown began.
However, I want to emphasise that the easing of some restrictions does not mean that the threat posed by the coronavirus has passed or that our fight against the disease is over.
In fact, the risk of a massive increase in infections is now greater than it has been since the start of the outbreak in our country.
Now is the time when we must intensify our efforts and deepen our cooperation.
Now, we look once again to you, to your actions and to your sense of responsibility.
We look to you to uphold the sanctity of life and the dignity of all people.
We look to you to protect the weakest and most vulnerable among us.
We look to you to demonstrate the solidarity and compassion that has characterised the response of the South African people to this crisis.
In meeting this grave challenge, we will move ahead as one people, united in action, and determined that we will surely overcome.
At this time, more than any other, we are reminded of the words of Madiba, when he said: “It is now in your hands.”
May God bless South Africa and protect its people.
I thank you.
Facebook Reports Slower Q2 Advertising Growth While Google Reveals A Rare Revenue Decline
The headwinds of Covid-19’s economic impact in the second quarter were strong enough to slow down even the ad-funded tech giants.
In its second-quarter results released on July 30, Facebook reported $18.7 billion in revenue, an increase of 11% despite the slowdown of advertising spend as marketers navigate the ongoing crisis. The results included $18.3 billion in ad revenue, a 10% year-over-year increase. Revenue from other operations totaled $366 million, up 40% from second-quarter 2019.
While Facebook maintained growth during the second quarter, its advertising rival Google did not. Around the same time that Facebook released its results, Google’s parent company Alphabet reported a rare decline in revenue, falling 2% year-over-year to $38.3 billion. Revenue from Google Search and other areas totaled $21.3 billion, down from $23.6 billion in second-quarter 2019. However, ad revenue on YouTube increased 6% to $3.8 billion, which the company said was driven by direct-response advertising.
In a statement, Ruth Porat, chief financial officer of Alphabet and Google, said revenues were “driven by gradual improvement in our ads business and strong growth in Google Cloud and Other Revenues.”
“We continue to navigate through a difficult global economic environment,” she said.
Both Facebook and Google have been known for their steady and massive quarterly growth despite concerns from advertisers, consumers and regulators around issues such as data privacy and content moderation. In 2019, Facebook reported revenue growth of 28% in the second quarter, 28% in the third quarter, and 25% in the fourth quarter. Revenue then grew just 17% in the first quarter of 2020 during the final three months before the pandemic prompted many advertisers to either pause or slow spending on various digital and traditional platforms.
Google’s growth story has been somewhat similar. Year-over-year revenue grew 17% in the first quarter of 2019, 19% in the second quarter, 20% in the third quarter, 17% in the fourth quarter before slowing to 13% in the first quarter of 2020.
On an earnings call today with analysts, Porat said advertising revenue “gradually improved” through the quarter with a “modest” improvement already in July.
“We do believe it’s premature to say we’re out of the woods, given the fragile nature of the economic environment,” she said.
The results come at a time of turmoil for the ad industry during the pandemic. In late June, marketing research firm eMarketer said it expected U.S. digital ad investment to increase just 1.7% this year—or $2.2 billion—compared to the previous growth estimate of 17%, or $22 billion. However, the slowed spending should be no surprise. In fact, during the early weeks of the crisis back in March, a survey of 400 media buyers found that 74% thought the pandemic would have a larger impact on ad spend than the 2008 financial crisis.
Facebook and Alphabet—along with other tech giants like Amazon and Apple—also have been under increased scrutiny by lawmakers. On Wednesday, Facebook CEO Mark Zuckerberg and Alphabet CEO Sundar Pichai along with the CEOs of Apple and Amazon spent the entire afternoon testifying to members of Congress. While the hearing was meant to focus on issues of antitrust, the four executives also touched on other issues ranging including data privacy, content moderation, and political influence.
While ad revenues were slower over the past three months, engagement was not. According to Facebook, engage on Facebook’s properties in terms of daily active users (DAUs) and monthly active users (MAUs) also increased in the second quarter, with DAUs increasing 12% year-over-year to 1.79 billion and MAUs increasing 12% to 2.7 billion. Across its “family” of apps—which includes Facebook, Instagram, Messenger, and WhatsApp—DAUs totaled an average of 2.47 billion for June 2020, an increase of 15% over the same period last year. The family monthly average was 3.14 billion in June—up 14% year-over-year.
According to a Facebook statement about its results, the growth in usage reflects “increased engagement as people around the world sheltered in place and used our products to connect with the people and organizations they care about.” However, the company said it’s recently seen “signs of normalization” as lockdown measures around the world have eased. Meanwhile, total ad impressions in the second quarter increased 40% although the average ad price decreased.
“Our business has been impacted by the COVID-19 pandemic and, like all companies, we are facing a period of unprecedented uncertainty in our business outlook,” Facebook said in a statement about its quarterly results. “We expect our business performance will be impacted by issues beyond our control, including the duration and efficacy of shelter-in-place orders, the effectiveness of economic stimuli around the world, and the fluctuations of currencies relative to the U.S. dollar.”
In July, Facebook has also dealt with a boycott over its practices and policies around moderating hate speech on the platform. The boycott—organized by civil rights groups including the NAACP and Anti-Defamation League—has been joined by hundreds of larger and smaller advertisers. Addressing the boycott on an earnings call with analysts, Zuckerberg said the company has agreed to an audit by the Media Ratings Council, and added that he’s “often troubled by the calls to go after internet advertising, especially during a time of such economic turmoil like we face today with Covid.”
“Some still seem to wrongly assume that our business is dependent on a few large advertisers, and while we value every single one of the businesses that use our platforms, the biggest part of our business is serving small businesses,” he said. “Our advertising is one of the most effective tools that businesses have to find customers to growth their businesses and create jobs.”
When an analyst on the call later asked how the boycott might be resolved, Facebook Chief Operating Officer Sheryl Sandberg said the company is still talking with civil rights groups and advertising trade organizations such as the Global Alliance for Responsible Media. She added that Facebook is “going to keep working hard at this, not because of advertiser pressure but because it’s the right thing to do.”
“It’s an interesting situation we find ourselves in because I think often times when companies are boycotted, it’s because they don’t agree with what the boycotters want,” she said. “And that’s not true at all here. We completely agree that we don’t want hate on our platforms and we stand firmly against it. We don’t benefit from hate speech. We never have. Users don’t want to see it, advertisers don’t want to be associated with it.”
By Marty Swant, Forbes Staff
With proper investment in youth, Kenya’s potential for progress is unlimited
By- Ruth Kagia and Siddharth Chatterjee
Africa’s demographic boom has been hailed as its biggest promise for transforming the continent’s economic and social outcomes, but only if the right investments are made to prepare its youthful population for tomorrow’s world.
Consider this. Every 24 hours, nearly 33,000 youth across Africa join the search for employment. About 60% will be joining the army of the unemployed. Africa’s youth population is growing rapidly and is expected to reach over 830 million by 2050. Whether this spells promise or peril depends on how the continent manages its “youth bulge”.
President Kenyatta once said that “The crisis of mass youth unemployment is a threat to the stability and prosperity of Africa, and it can amount to a fundamental and existential threat”.
Investing in young people especially so that they are prepared for the world of work is the main mission of Generation Unlimited (GenU), a global multi-sector partnership established to meet the urgent need for expanded education, training and employment opportunities for young people aged 10 to 24.
On 05 August 2020, Kenya will launch the Generation Unlimited initiative. This initiative will bring together key actors from the public and private sector as well as development partners to help put into a higher gear this defining agenda of our time to ensure that we have prepared our children for a prosperous future by giving them the education, training and job opportunities that fully harnesses their potential. With a median age of 18, Kenya’s youthful population represents a real potential to reap a demographic dividend and accelerate its economic progress.
Kenya has one of the youngest populations in the world. With the right investment in their talents, skills, and entrepreneurial spirit, young people present an extraordinary opportunity for transformation, growth, and change.
Three quarters Kenya’s population is under the age of 35. Across Africa there are 200 million people between the ages of 15 and 24, a demographic that is expected to double by 2045.
One of the greatest challenges facing governments and policymakers in Africa is how to provide opportunities for the continent’s youth, in order to provide them with decent lives and allow them to contribute to the economic development of their countries. As things stand, around 70% of Africa’s young people live below the poverty line.
In Kenya, the pillars for achieving GenU objectives are in place, with various initiatives for instance to strengthen education system through the recently-launched competency based curriculum and government promotion of programmes to enhance technical and digital skills.
The fruits of such initiatives can be seen through numerous youthful innovations from Kenya that continue to receive international attention. For instance, inspired by his great urge to communicate with his 6-year-old niece who was born deaf, Roy Allela, a 25-year-old Kenyan invented Sign-10, a pair of smart gloves with flex sensors to aid his cousin’s communication with the other members of the family.
The flex sensors stitched to each finger aid in quantifying the letters formed from the curve of each finger of the glove’s wearer. The gloves are then connected through Bluetooth to a mobile phone application that vocalizes the hand movements. This innovation won him the Trailblazer Award by the American Society of Mechanical Engineers.
Gen U’s solution is to forge innovative collaborations with young people themselves. Since launching in 2018, the movement has brought onboard leaders from governments, foundations, and the private sector around the world. Its launch in Kenya underscores its government’s commitment to engage young people in pursuit of the Big 4 Development Agenda as well as Vision 2030.
President Uhuru Kenyatta is a global leader for the Generation Unlimited initiative. In Kenya, Gen U’s activities are coordinated by the Office of the President and the United Nations.
Shifts in today’s global economy demand that young people acquire skills aligned with dynamic labour needs, but local education systems have been slow to adapt. In many countries in Africa, school enrolment is up, but learning outcomes for young people remain poor. Most leave school without the skills the contemporary job market needs, and are ill-prepared for a world in which low-skilled jobs are increasingly automated.
A million young people join the workforce every year in Kenya, applying for jobs in a formal sector that can only absorb one in five of them. Some, however, find work at least intermittently in Kenya’s vibrant informal sector, which accounts for more than 80% of the country’s economy according to the World Bank.
Rather than focusing on opportunities in the formal sector, partners in the Gen U movement will look at strategies for supporting the informal sector with better infrastructure and an improved business environment. In doing so, it is hoped that it will be transformed into a recognised and legitimate sector.
Such initiatives have the full support of the recently launched Kenya Youth Development Policy, which seeks to underscore issues affecting young people. Technology will play a central role, and sector-based strategies will be central to the government’s approach.
The Kenya Youth Agribusiness Strategy, for example, will enable Kenya’s youth to access information technology for various value-addition ventures in Africa’s agribusiness sector set to be worth $1 trillion by 2030.
The Coronavirus pandemic has seen countries face changes in entire social and economic systems. Key industries, including manufacturing, healthcare, public services, retail, transportation, food supply, tourism, media and entertainment have been hard hit by the pandemic. The pandemic is an inflection point that is giving the old system a nudge. The post-COVID-19 world will be founded on a tech-savvy workforce that will inevitably comprise young people.
Calling on urgent action for young people, UN Secretary-General António Guterres has called on governments to “do far more to tap their talents as we tackle the pandemic and chart a recovery that leads to a more peaceful, sustainable and equitable future for all”.
In the run-up to the end of the SDGs era, we must ramp up the current level of investment in young people’s economic and social potential. As the vision of Generation Unlimited states, if the largest generation of young people in history is prepared for the transition to work, the potential for global progress is unlimited.
As President Kenyatta has noted, “the current generation of young people has the potential of expanding Africa’s productive workforce, promoting entrepreneurship and becoming genuine instruments of change to reverse the devastation caused by climate change.”
Ruth Kagia is the Deputy Chief of Staff to President Kenyatta. Siddharth Chatterjee is the United Nations Resident Coordinator to Kenya. Mrs Kagia and Mr Chatterjee co-chair the Generation Unlimited Steering Committee in Kenya.
OPEC And Its Allies Are Ready To Boost Production, But Here’s Why An Oil Market Recovery Isn’t Guaranteed
After record production cuts in April intended to prop up the market amid a demand crisis caused by the coronavirus pandemic, the world’s largest oil producers are expected to ease up on the restrictions and begin to increase their output next month.
- Saudi Arabia, Russia, and the other members of OPEC+ will meet Wednesday to discuss the current market situation and debate future production limits, the Wall Street Journal reported over the weekend, adding that most delegates in the organization support loosening restrictions.
- As lockdown measures ease across the globe, demand for oil is slowly beginning to rise again as shipping and air travel resume.
- Oil prices are still down significantly from pre-pandemic levels, however, with the Brent international benchmark priced at about 30% of January levels.
- The International Energy Agency said Friday that while global demand for oil had recovered strongly in China and India in May, world demand is still projected to decline during the second half of the year before recovering in 2021.
- The recent spike coronavirus cases and new lockdowns are creating “more uncertainty”: additional lockdowns could discourage travel and international trade, which would put more downward pressure on prices.
- The risk to the oil market is “almost certainly to the downside,” the IAE said.
In April, the members of the Organization of Petroleum Exporting Countries (OPEC) and its allies agreed to record oil production cuts of 9.7 million barrels a day as the coronavirus decimated global demand for crude oil. The agreement put an end to a weeks-long price war between Russia and Saudi Arabia that added even more pressure to an already-struggling market.
“If OPEC clings to restraining production to keep up prices, I think it’s suicidal,” a person familiar with Saudi Arabia’s thinking told the Journal. “There’s going to be a scramble for market share, and the trick is how the low cost producers assert themselves without crashing the oil price.”
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