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GENEVA - The World Health Organisation (WHO) has recorded a record one-day rise in the number of new coronavirus infections, with 307, 930 reported over 24 hours. The agency said that deaths rose by more than 5, 500, bringing the global total to 917, 417. The biggest increases in infections were reported in India, the US and Brazil. Worldwide there have been more than 28 million confirmed cases, half of which have been in the Americas.
US has ‘another 12 to 14 months of a really hard road ahead’, top disease expert warns WASHINGTON - Michael Osterholm, the director of the Center for Infectious Disease Research and Policy at the University of Minnesota, warned on Sunday of a potential Covid-19 spike and a bleak future in the US, citing a lack of a national plan to prevent further spread of the virus. Osterholm made the comments when asked by “Meet the Press” moderator Chuck Todd to explain previous remarks from Dr. Anthony Fauci, who said people in the US should expect to “hunker down” in the upcoming fall and winter months. “It’s not going to be easy,” Fauci, the longtime director of the National Institute of Allergy and Infectious Diseases, said last week during a panel discussion with Harvard Medical School. “We know
Tuesday Saturday1,1,September, September, 2020
Tuesday 15, September 2020
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WHO REPORTS RECORD DAILY RISE IN NEW INFECTIONS BY PHILIP CHIRWA
The previous one-day record for new cases was on September 6 when the WHO reported 306, 857 new infections. Where are cases rising most steeply? According to the WHO, India reported 94, 372 new cases on Sunday, followed by the US with 45, 523 and Brazil with 43, 718. More than 1, 000 new deaths were recorded in the US and India while Brazil said 874 every time we lift restrictions, we get a blip. It’s whack-amole.” “I do think we will likely get a vaccine by the end of the year, beginning of 2021,” Fauci continued. “And I think that’s going to be the thing that turns it around. I just think we need to hunker down.” Osterholm said he and Fauci were “on the same page,” pointing to the roughly 40, 000 new cases of the novel coronavirus that are diagnosed each day. According to a Sunday tally from Johns Hopkins University, there have so far been at least 6, 492, 744 cases of the novel coronavirus in the US, resulting in more than 190, 000 deaths. “We will, with the colleges and universities open, with the spillover that’s occurring with people experiencing even more pandemic fatigue, wanting to be in indoor air spaces with other people,” he said. “As we get into the fall, we’re going to see these numbers grow substantially,” he said. – BUSINESS INSIDER, US.
people had died from Covid-19 related illness in the past 24 hours. India has the second largest number of confirmed cases in the world, behind the US. Last week it reported nearly two million Covid-19 cases in August, the highest monthly tally in the world since the pandemic began. The country saw an average of 64, 000 cases per day - an 84 percent hike from
average daily cases in July, according to official data. The death toll has topped 1, 000 every day since the beginning of September. Brazil has recorded more than four million cases, the third highest in the world. It has the highest number of deaths in Latin America, with about 131, 000 so far. The US has recorded almost a quarter of the world’s total number of coronavirus
Ramaphosa lauds SA media for Covid-19 coverage JOHANNESBURG - President Cyril Ramaphosa lauded South Africa’s media industry yesterday, saying it did not just play its traditional watchdog role during the Covid-19 pandemic, but exercised its civic duty in supporting the national effort to contain the novel coronavirus. Ramaphosa’s weekly newsletter was dedicated to the role the media has been playing in informing South Africans about the virus, debunking fake news and myths, and exposing corruption. “We owe a debt of gratitude to South Africa’s hardworking and tenacious journalists. They have kept our people informed by disseminating key health messages about social distancing and hygiene. They have done so under extremely trying conditions, often with limited resources. “They have told the stories of the effects of lockdown on the lives of people and their businesses. They have been out in the villages, towns and cities, bringing stories of ordinary people and drawing national attention to problems being experienced in hospitals and clinics, prompting government action. “Our media have also shone a light on excesses that perhaps would not have ordinarily come to light. They have fulfilled their watchdog role by unearthing acts of corruption and maladministration, sparking a massive national debate and leading to a number of high-profile investigations,” Ramaphosa said. The president said despite the unprecedented nature of the disease and the immense challenge of placing a country of 58 million people under lockdown, the country has fared well.– NEWS24.
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imposed in the worst-affected regions, and there have been renewed appeals for people to wear face coverings and follow social distancing rules. Other countries that have seen a resurgence of the virus include Peru, Israel, South Korea and Australia. Victoria has been the epicentre of Australia’s outbreak, accounting for 75 percent of cases and 90 percent of deaths. – BBC.
or budget to spend so, please do not squander it on unnecessary things and do not suddenly develop ideas you did not have.
Ease Your Way Into Fast-Tracking Your Financial Freedom Journey In The ‘New Normal’ your financial goals. You need to adhere to saving and investment rules, and you have to be intentional about wise spending. You may have a dream or ambition to create wealth and a great plan of how to achieve this, but if you are not committed to executing that plan, and you lack the discipline this requires, you will not succeed.
Maria Karima
Head - Corporate Affairs & Marketing Investrust Bank Plc
Dear Reader,
Ramaphosa
cases - more than six million. It saw an increase in the number of daily cases in July, but the numbers have fallen since then. The US has the world’s highest recorded death toll from Covid-19, with more than 194, 000 fatalities. Countries across Europe are THE OBSERVER recording a rising number of daily cases amid fears of a By Augustin Phiri resurgence of the virus. Local lockdowns have been
By Ronald Lwamba
We trust that you and your wonderful family are well and keeping safe during this difficult time of COVID -19. We continue to share stories of how we can maximise our efforts in making good of our Money Management skills during this time. As we adjust to living in the ‘new normal’ and as we learn to navigate through this phase of our lives, we also need to sharpen our Money Management skills. This will set you on your path to realising your Financial Freedom (FF) and will ultimately change the quality of life for you and your loved ones In the last two weeks, we shared stories regarding how we can maximise on accelerating our FF journey by adopting behaviours that set us on this path as ‘shared’ by wealthy people. We also shared tips on how we can let go of those ‘family traditions’ we hold dear to our hearts and where we frequently spend unnecessarily. This week, we go a step further by narrowing down on how we can take advantage of this period to manage how we spend; spending less than you earn/make is the first step to attaining your FF. Failure to do this in good time will leave you in a bad financial state that you may find extremely challenging to turn around for the better. Be wise, always endeavour to spend less than what you earn/make. Living by the following tips will go a long way in setting you on the right path: Discipline - The Number One Ingredient In Wealth Creation If wealth creation ranks highly on your life agenda, you need more than your plans to attain this. You need the discipline to be able to avoid bad behaviours that are a barrier to realising
Understanding the Difference Between Asset And Income If you want to grow your wealth and sustain it, you need to understand the difference between assets and income. If your goal is to create wealth, you should be more focused on accumulating assets, not income. It is those assets that will help you to increase wealth. This way, your money will make money for you, and you will have attained your Financial Freedom in no time! It is only through wise spending that you will realise this so, please think before you spend even when you think what you are spending is so little and it will not amount to anything. Remember that wealth brings you freedom, extra freedom for you to make choices according to your terms such as choosing holiday destinations that you fancy, kind of hospital to seek health facilities from when you or your loved ones fall ill or when and where to go to for fine dining should you feel like it. What beats that? Spending Correctly You can only create and sustain wealth when you spend correctly. We all experience moments when we fail to resist impulse spending. Wealthy people do not allow themselves to be easily swayed by anything when it comes to protecting their wealth; they keep such temptations under strict control. They are very careful about how they spend money. For them, spending has to be done correctly. Price tags matter to the wealthy because they know that wealth can only be sustained when unnecessary spending is totally cut out in their lives. Wealthy people are actually very frugal in the way they spend. They look for bargains, and they question every expense. They are not in a hurry to spend, and they have a habit of comparing prices. They also avoid fees and penalties of any sort in their lives. Cautious Handling Of Unexpected Windfall The way we handle unexpected monies that may come our way really determines the outcome of our wealth creation journey. These monies manifest in various ways. For salaried people, this may come in the form of a bonus, that extra ‘cheque’ we all love and change in salary due to a promotion. We need to develop a habit of saving or investing such money as opposed to spending it. This is money that you did not plan
Minimise Undesirable Economic Outcomes No one knows what tomorrow brings in terms of our ability to be able to earn/generate an income as a salaried employee or a business person. This reality, therefore, calls for each one of us to plan ahead. Apart from ensuring that we work on having an emergency fund that can sustain you for a period of at least six months should anything happen to you, you are also encouraged to spend money on ensuring that your health is in good stead. Invest in having regular medical check-ups and pay strict attention to your health so that you avoid spending more money on treating illnesses which you could have taken care of had you focussed on making annual check-ups a priority. Remember that good health is paramount in everything that we do. All those monies we spend carelessly could be put to good use. Don’t Emergency Shop, Ever! Emergency/impulse/emotional shopping is usually our biggest enemy in wealth creation. Let us avoid buying things as we want them. There really has to be a need for us to spend, and that need should be planned, and the plan should be adhered to. When we emergency buy, we lose out on the opportunity to practise great behaviours such as comparing prices which could save us a lot of money. How many times have you expressed shock and utter disappointment upon noticing something you purchased at say K1000.00 costs only K500.00 or less in other shops? Remember that wealthy people are not different from us. It is their mindset and behaviours towards money that are different. We can all master behaviours that can lead us to create and sustaining wealth! Let us keep practising; let us keep learning and growing and let us create quality lives for us and our loved ones, we can do it! Please remember to teach your kids and other children under your care about the importance of money, the role it plays in our lives, and why managing it well now for a better tomorrow is key. Begin early enough in their lives. That way, you will be proud of raising Money Smart kids. Dear Reader, we trust that you enjoyed the read and that you will make firm decisions to turn around your FF journey if you are not doing so yet. Adopt behaviours that accelerate it and do that now! Remember to keep safe by following the Ministry of Health safety guidelines as we navigate our way in the new normal. Be blessed and be a blessing to others!
For comments or questions email maria.karima@investrustbank.co.zm