Displaying items by tag: covid19

The global economy will likely contract by over 5 per cent in this year 2020 due to the impact of COVID-19, according to the recently released Global Economic Prospects. The deepest global recession in eight decades is sending hundreds of millions into poverty, and recovery appears to be far off. Still, the crisis has encouraged incentives for economic transformation and adoption of digital business models, including increased use of digital financial services (DFS).

Published in Amala Times

Tanzania has recently announced its National Budget of the financial year 2020/21 with which it touches many areas whereas the financial sector is not an exception of the course. The budget that gives and shows the roadmap of the financial sector in the financial year 2020/21.

Published in Amala Times
Monday, 27 April 2020 09:47

Our Response to Covid 19; Amala App Suite

The world is passing through a shadow, many businesses are being shut down, people are abandoning their work places, schools are closed and the world economy is at risk. In this period, the trends of many businesses are at risk and some running to closure due to the breakout and the spread of the pandemic Corona virus (Covid 19) that has attacked many countries in the world so far Tanzania being one of them. Many businesses are figuring out how they are going to operate and maintain their economic power since the major prevention against the disease is avoiding contact between people by implementing social distancing and staying home.

Published in Amala Times

Coronavirus disease (COVID-19) is an infectious disease caused by a newly discovered coronavirus.

The COVID-19 virus affects different people in different ways.  COVID-19 is a respiratory disease and most infected people will develop mild to moderate symptoms and recover without requiring special treatment.  People who have underlying medical conditions and those over 60 years old have a higher risk of developing severe disease and death.[1]

Published in Amala Times

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