FEATURED STORY

Kenya Sets July Target for Covid-19 Vaccine to Save Tourism

Share
Depiction of a Covid-19 vaccine
Depiction of a Covid-19 vaccine
Share

Kenya is counting on the global distribution of a safe, effective Covid-19 vaccine to save the tourism industry, Cabinet Secretary Najib Balala confirmed.

The hospitality industry, one of Kenya’s main contributors to GDP, has been among the worst hit sectors since the onset of the pandemic.

Noting that health had become the biggest concern for tourists, Balala disclosed that they hoped the vaccine would be distributed by July 2021 to restore confidence in the country as a tourist destination.

“But I want to say definitely with the introduction, issuance of a vaccine, I think this will remove fear and bring solutions to this sector.

“Without a vaccine, there’s no future for the tourism industry, I hope we can be able to disseminate these products all over the world in time so that next year 2021 July, we will have a semblance of business coming back to Kenya,” he asserted.

Tourism Cabinet Secretary Najib Balala addressing a past press briefing
Tourism Cabinet Secretary Najib Balala addressing a past press briefing

As at June 2020, players in the tourism industry in Kenya had reported losses of up to Ksh80 billion in revenue since the onset of the pandemic in March.

READ>>>>>Uhuru Pumps Sh2 Billion To Cushion Virus Hit Tourism Sector

Restrictions on global travel and operating hours for restaurants, hotels and bars contributed to a massive drop in demand.

The situation led to widespread lay-offs and redundancies among other cost-cutting measures in the industry.

Progress has been made in the global search for a vaccine in recent weeks, particularly with two announcements from US-based pharmaceutical companies in November.

Pfizer and Moderna both expect to apply for  emergency approval for their COVID-19 vaccines by late November.

The news has excited global markets with increased hopes of full re-opening of businesses and resumption of various activities.

Data from the companies indicates that the vaccines are 90 to 95 per cent effective.

Experts have, however, cautioned that the vaccines should not be considered a substitute for behavioral measures such as mask wearing and social distancing.

READ>>>>>How Will The Hospitality and Tourism Industries Overcome COVID-19?

Written by
MARTIN SIELE -

Martin K.N Siele is the Content Lead at Business Today. He is also a Quartz contributor and a 2021 Baraza Media Lab-Fringe Graph Data Storytelling Fellow. Passionate about digital media, sports and entertainment, Siele also founded Loud.co.ke

Leave a comment

Leave a Reply

Your email address will not be published. Required fields are marked *

PAST ARTICLES AND INSIGHTS

Related Articles
Former WPP-Scangroup CEO Bharat Thakrar
FEATURED STORY

WPP ScanGroup Joins List of Firms that Have Issued Profit Alert

WPP ScanGroup, listed at the Nairobi Securities Exchange(NSE), has joined a list...

Sidian Bank branch launch
FEATURED STORY

Sidian Bank Upgraded to Medium-Size Status by CBK: Facts and Figures

Sidian Bank, a 50-branch lender closely associated with the late tycoon Chris...

Diageo exit was apparent even as EABL is building its war chest with a KSh 20 bn Cash Call
FEATURED STORY

 Diageo UK Plc Finally Exits East Africa’s Beer Market

Diageo Plc UK, a global brewing giant has sold its entire stake...

Sacco loans are popular with land , home buyers
FEATURED STORY

SACCO Loans for Land and House Purchases fall to KSh32.7Bn In September

SACCOs (Savings and Credit Cooperative Societies disbursed loans to members seeking to...