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Power cuts expected to hit South Africa’s GDP – Goldman Sachs
Eskom supplies more than 90 percent of the power in South Africa but has suffered repeated faults at its coal-fired power stations, along with low water levels at hydroelectric plants and diesel shortages.
How blue economy can help alleviate poverty, inequality in Africa
The 52nd Session of the Conference of Ministers provides a suitable opportunity for African Ministers to examine the fiscal policies necessary for the implementation of the African Continental Free Trade Area within the frameworks of the 2030 Agenda and Agenda 2063 and the critical role of private sector in the era of the digital economy. This year’s conference is taking place in Marrakesh, Morocco. CNBC Africa’s Fifi Peters caught up with David Pierre about how the blue economy can alleviate poverty, inequality and unemployment on the continent.
Standard Chartered Bank’s Africa strategy revealed
Standard Chartered says it sees increasing value in bonds and cash, especially relative to equities, but the risk-reward for equities may deteriorate in 2019. Simpa Adaba, Head, Wealth Management Nigeria at Standard Chartered joined CNBC Africa’s Esther Awoniyi to discuss the bank’s strategy for Africa this year.
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