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
Governor of the Central Bank of Kenya , Dr Kamau Thugge
BUSINESSMARKETS

Central Bank of Kenya Cuts Benchmark Rate to 8.75%

Central Bank of Kenya(CBK) top policy organ, the Monetary Policy Committee(MPC) has...

President William Ruto signs visitors book, seen by NSE Chairman Kiprono Kittony(l) Dr Chris Kipto PS Treasury and a top NSE official
BUSINESSFEATURED STORYNEWSSMART BUSINESSSTOCKS

Ziidi Trader App launched at NSE by President William Ruto

Ziidi Trader, a mobile App run by Safaricom has been officially launched...

Nairobi Coffee Exchange
BUSINESSMARKETS

Nairobi Coffee Exchange Moves 46,984 bags Worth KSh 2.6Bn

Nairobi Coffee Exchange(NCE) at last week’s auction recorded sales of 46,984 bags...

A customer in Nairobi tops up on clean fuel at a KOKO Fuel ATM 1024x576
BUSINESSFEATURED STORYTECHNOLOGY

KOKO Fuel Vendors, Users Stranded as Government Pulls Plug

KOKO Fuel Vendors are staring at losses, empty shelves and huge cost...