By BITANGE NDEMOMore by this AuthorWe watched as China confronted the coronavirus and as it threw everything it had at the virus. Lessons from Italy and Spain show that the only way of stopping the virus from spreading is through strict adherence to social distancing. Last week, McKinsey & Company published a report, Tackling Covid-19 in Africa: An unfolding health and economic crisis that demands bold action, highlighting their initial analysis of the pandemic’s economic impact. GRIM PICTUREIn three of the scenarios with the exception of containment of the virus in the near term, the economies of Africa will record negative growth. On Kenya, the report says:In two out of four scenarios, Kenya is facing a likely economic contraction.
Source: Daily Nation April 06, 2020 15:11 UTC