Stock Markets, Business News, Earnings, Africa - CNBC Africa

Markets

Price%Change
JSE All Share Index51,911.00Down-0.03%
JSE Financial 1514,698.00Up0.19%
JSE Industrial 2559,478.00Down-0.23%
JSE Resources 1060,455.00Up0.11%
JSE Top 4046,743.00Down-0.09%
All Share51,911.00
 
-0.03%
Financial 1514,698.00
 
0.19%
Industrial 2559,478.00
 
-0.23%
ProductLotBidAskSpread
GOLDCFD1 TOZ1312.211312.680.47
GOLDCFD1 TOZ1305.481305.950.47
GOLDCFD1 TOZ1304.351304.970.62
GOLDCFD1 TOZ1304.351304.970.62
GOLDCFD1 TOZ1307.341307.900.56
GOLDCFD1 TOZ1308.041308.510.47
GOLDCFD1 TOZ1304.351304.970.62
GOLDCFD1 TOZ1307.781308.260.48

Thu Jul 24 2014 06:09:17 GMT+0000 (UTC)

Price%Change
ZAR/EUR14.15Down-1.31%
ZAR/GBP17.88Down-1.08%
ZAR/USD10.51Down-0.81%
ZAR/EUR14.15
 
-1.31%
ZAR/GBP17.88
 
-1.08%
ZAR/USD10.51
 
-0.81%
Price%Change
Brent Crude Oil107.7Up0.07%
GOLD USD/oz1,305.7Down-0.34%
Platinum USD/oz1,482.1Down-0.32%
Brent Crude Oil107.7
 
0.07%
GOLD USD/oz1,305.7
 
-0.34%
Platinum USD/oz1,482.1
 
-0.32%

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Last Updated: Wed, 23 Jul 2014 15:17:04 GMT

Latest Video

  • The role of the Nigeria's housing authority

    The role of the Nigeria's housing authority

    Wed, 23 Jul 2014 15:17:04 GMT

    According to the Quantity Surveyors Registration Board of Nigeria, Nigeria needs 700,000 housing units every year to meet the Millennium Development Goals. This reflects the country's huge housing deficit. A key part of the government structure supporting the housing sector in Nigeria is the Federal Housing Authority and primary mortgage institutions. Joining CNBC Africa to discuss the role of the FHA and PMIs is Ronald Igbinoba, CEO of FHA Mortgage Bank, a primary mortgage bank and subsidiary of the FHA.

  • How social media provides opportunities for businesses in Africa

    How social media provides opportunities for businesses in Africa

    Wed, 23 Jul 2014 15:15:26 GMT

    Social media in Africa is taking root and directly connecting Africans through services such as Facebook, Twitter and MXit. According to Jon von Tetzchner, co-founder of Opera, a global mobile phone internet browser, "The mobile web is beginning to reshape the economic, political and social development of the continent. Joining CNBC Africa for a closer look at how the rapid rise of social media provides opportunities for businesses in Africa is Nicholas Kuhne, Managing Director of Wunderbrand and Justin Spratt, Managing Director of Quirk Digital Agency.

  • Top 80 S.African companies to procure more products locally

    Top 80 S.African companies to procure more products locally

    Wed, 23 Jul 2014 14:40:55 GMT

    The top 80 local companies will be expected to procure more of their products locally. That's according to Trade and Industry Minister Rob Davies. Davies says President Jacob Zuma is engaged in talks with business on this matter. To discuss this CNBC Africa is joined by Coenraad Bezuidenhout, Executive director at Manufacturing Circle.

  • Nersa calls for standardised tariff for electricity resellers

    Nersa calls for standardised tariff for electricity resellers

    Wed, 23 Jul 2014 14:09:36 GMT

    Energy regulator Nersa says a standardised tariff for electricity resellers is needed to stop consumers from being overcharged. The comments were made by Nersa's Thembani Bukula who says it is a pressing problem that needs to be resolved before the electricity tariff review for the next year. For more clarity CNBC Africa is joined by Mbulelo Ncetezo, Executive Manager for Electricity at Nersa.

  • How social media provides opportunities for businesses in Africa

    How social media provides opportunities for businesses in Africa

    Wed, 23 Jul 2014 15:15:26 GMT

    Social media in Africa is taking root and directly connecting Africans through services such as Facebook, Twitter and MXit. According to Jon von Tetzchner, co-founder of Opera, a global mobile phone internet browser, "The mobile web is beginning to reshape the economic, political and social development of the continent. Joining CNBC Africa for a closer look at how the rapid rise of social media provides opportunities for businesses in Africa is Nicholas Kuhne, Managing Director of Wunderbrand and Justin Spratt, Managing Director of Quirk Digital Agency.

  • Nersa calls for standardised tariff for electricity resellers

    Nersa calls for standardised tariff for electricity resellers

    Wed, 23 Jul 2014 14:09:36 GMT

    Energy regulator Nersa says a standardised tariff for electricity resellers is needed to stop consumers from being overcharged. The comments were made by Nersa's Thembani Bukula who says it is a pressing problem that needs to be resolved before the electricity tariff review for the next year. For more clarity CNBC Africa is joined by Mbulelo Ncetezo, Executive Manager for Electricity at Nersa.

  • Mauritius to evolve as a regional treasury hub

    Mauritius to evolve as a regional treasury hub

    Wed, 23 Jul 2014 11:54:26 GMT

    Mauritius is evolving as a Regional Treasury Centre hub. Bingumal Thewarathanthri, Head of Transaction Banking, Standard Chartered joined CNBC Africa for more.

  • Analysis of June consumer inflation

    Analysis of June consumer inflation

    Wed, 23 Jul 2014 10:32:42 GMT

    Chief Mining Economist at Afriforesight South Africa's June headline consumer inflation came in steady at 6.6 per cent year-on-year. This is against the 6.7 per cent quickening expected by the market. Thabi Leoka, Economist at Renaissance Capital South Africa joins CNBC Africa for greater perspective on this.

  • The role of the Nigeria's housing authority

    The role of the Nigeria's housing authority

    Wed, 23 Jul 2014 15:17:04 GMT

    According to the Quantity Surveyors Registration Board of Nigeria, Nigeria needs 700,000 housing units every year to meet the Millennium Development Goals. This reflects the country's huge housing deficit. A key part of the government structure supporting the housing sector in Nigeria is the Federal Housing Authority and primary mortgage institutions. Joining CNBC Africa to discuss the role of the FHA and PMIs is Ronald Igbinoba, CEO of FHA Mortgage Bank, a primary mortgage bank and subsidiary of the FHA.

  • Nigeria's macro-economic outlook improves in H1

    Nigeria's macro-economic outlook improves in H1

    Wed, 23 Jul 2014 13:03:34 GMT

    Nigeria's short term macro-economic outlook improved in the first half of this year in comparison to the same period in 2013, according to the World Bank, in its new Nigeria Economic Report (NER) released yesterday in Abuja. For more details CNBC Africa is joined by Babatunde Obaniyi, a team member, capital markets at UBA capital.

  • Nigeria ASI closed in negative territory

    Nigeria ASI closed in negative territory

    Wed, 23 Jul 2014 12:54:21 GMT

    The NSE All share Index closed in negative territory extending losses from the previous session. Joining CNBC Africa to discuss today’s trading session is Sam Amedu, CEO Alan-Grage securities.

  • Exploring the MSME space in Nigeria

    Exploring the MSME space in Nigeria

    Wed, 23 Jul 2014 11:02:45 GMT

    The Nigerian federal government is currently looking to review the 15 per cent loanable funds set aside for MSMEs. According to the Minister of Trade and Investment, Olusegun Aganga, this is unacceptable. We are now joined by Jude Anele, Head; Retail Banking at Diamond Bank for a look at how a change to this rule can impact on the space.

  • IFC extends $100mln funding to Kenyan companies for expansion

    IFC extends $100mln funding to Kenyan companies for expansion

    Wed, 23 Jul 2014 13:45:41 GMT

    The International Finance Corporation has extended 100 million dollars in funding to two Kenyan companies this month for expansion. The private lending arm of the World Bank however said it was not competing with local banks, at a time interest rates are said to be high in the east Africa nation. CNBC Africa’s Beatrice Gachenge spoke to the IFC Director for Eastern and Southern Africa, Oumar Seydi.

  • Kenya NIC Bank H1 profit up 10.7%

    Kenya NIC Bank H1 profit up 10.7%

    Wed, 23 Jul 2014 13:45:41 GMT

    Kenya's NIC Bank posted a 10.7 percent jump in pre-tax profit for the first half of this year to33.12 million dollars. For a break down on the numbers CNBC Africa is joined by John Gachora, Group Managing Director.

  • Private equity funds tap into Kenya's pensions industry

    Private equity funds tap into Kenya's pensions industry

    Tue, 22 Jul 2014 13:43:19 GMT

    For years, most of Kenya's pot of pensions cash has instead gone to listed equities, government securities and real estate, some funds such as the pension fund for Kenya Power and Lighting Company are looking into a new regional private equity fund with Ascent Capital. For more CNBC Africa is joined by David Owino, partner at Ascent Capital Advisory Services.

  • Japan seeks business opportunities in Kenya

    Japan seeks business opportunities in Kenya

    Mon, 21 Jul 2014 13:40:38 GMT

    Delegations of Japanese investors are in the country scouting for business opportunities. Trade between the two countries is on the rise, though skewed in Japan's favour. Data from the latest Economic Survey showed imports from Japan nearly doubled to 83 billion shillings in 2013, while Kenya's exports were at a paltry 2.7 billion shillings. Joining CNBC Africa is Moses Ikiara, the MD at The Kenya Investment Authority.

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