Latest News
COVID-19: Netcare lessons from St Augustine’s Hospital outbreak
Netcare’s St Augustine hospital in Kwa Zulu-Natal has been shut by government after 47 people working at the hospital contracted the coronavirus and four people died. Netcare CEO Dr Richard Friedland joins CNBC Africa for more.
Here’s how disseminating COVID-19 fake news could cost you
With over 10,000 confirmed cases of COVID-19 in Africa reliable and accurate information on how to combat the disease is more important than ever, unfortunately fake news is spreading faster than the virus. In response governments are prosecuting those responsible when possible. Tshepo Matseba, MD, Reputation 1st Group joins CNBC Africa for more.
Why The Coronavirus Recession Is Unlike Any Other
The coronavirus pandemic is putting an end to the longest economic expansion in U.S. history. Policymakers and economists warn this recession will be unlike any other downturn. After expanding for a record 126 months as of December 2019, economists
KORA Founder on embracing e-MICE during COVID-19
The COVID-19 pandemic has disrupted lives and is forcing us to adopt new ways of doing things and these include doing meetings and conferences electronically. Mireille Ineza Karera, Founder of KORA Coaching Group explains why it is important to make use of available platform in this period.
Rwanda commemorates the 1994 genocide against the Tutsi indoors
This week Rwanda recognises the 26th anniversary of the 1994 Genocide against the Tutsi. Typically at this time communities come together and participate in events such candlelight vigils and the Walk to Remember, but this year due to the COVID-19 pandemic, those activities and all gatherings have been cancelled. CNBC Africa spoke to Dr. Diogene Bideri, Principle Legal Adviser, for the National Commission for the Fight Against Genocide for more on the changes to this year’s commemoration plans.
COVID-19: World Bank & IFC’s $14bn – How far does it extend?
Never before has the world seen a funding crisis like the one it is experiencing as a result of COVID-19 and lockdowns. Any new funding available is swallowed up within days. Is this the case with the World Bank and IFC’s $14 billion package? Sérgio Pimenta, IFC’s Vice President for the Middle East and Africa joins CNBC Africa for more.
The economic cost of COVID-19 on South Africa
As South Africa settles into the second week of the COVID-19 lockdown many have expected the lockdown to be extended, if this is so, the economic repercussions for the country could be dire. Joining CNBC Africa to unpack the possibilities of economic stimulation and growth during and after the COVID-19 crisis is Jacques Nel, Head of Africa Macro-economic Research at NKC African Economics and Miyelani Maluleki, Economist at Absa Corporate and Investment Banking.
Saudi Arabia, Russia meeting: What will it mean for Angola?
Oil prices rose in trade this morning as the world’s largest oil producers meet later today in what is expected to be a historic agreement to cut production. This market expectation comes at a time when the industry is battling with the impact of the coronavirus crisis on oil demand. Rui Oliveira, CEO at BFA Asset Management joins CNBC Africa to give an Angolan update of the COVID-19 outbreak.
This health tech company is helping small clinics in Kenya fight COVID-19 pandemic
One of the phrases that’s been used quite a bit throughout the coverage of the COVID-19 pandemic has been, “flattening the curve”; the concept of slowing the spread of the virus so that fewer people need seek treatment at the same time, accommodating healthcare capacity in a given area. But how does this happen? One of the ways is more self-diagnostic materials in better equipped first stop clinics. Health tech company Ilara Health has launched a readiness package for Kenyan peri-urban clinics and CEO Emilian Popa joins CNBC Africa for more.
Tanzania ramps up measures to contain the spread of COVID-19
With a generous donation from the private sector and a new total of five recovered COVID-19 cases, it seems Tanzania is making headway in its fight against the virus, but what are the latest measures that have been put in place to curb its spread? How will the government overcome new challenges arising everyday? Bankable Partner, Ivan Tarimo joins CNBC Africa for more.
COVID-19 drives Sub-Saharan Africa toward first recession in 25 years – World Bank report
Growth in Sub-Saharan Africa has been significantly impacted by the COVID-19 pandemic and is forecast to fall from 2.4% in 2019 to -2.1% to -5.1% in 2020, the first recession in the region over the past 25 years, according to the World Bank’s latest Africa’s Pulse report.
COVID-19 –How the WHO word on Africa could influence SA big lockdown choice
The economic damage has already been done in most sectors. The South African Reserve Bank has warned that the lockdown could cause 370,000 people to lose their jobs and 1,600 businesses to go under.
How to get the most out of working from home | CNBC Reports
As much of the world self-isolates at home, how will our work be affected? CNBC’s Tom Chitty spoke to remote working veterans, as he searches for tips and strategies to stay positive and productive during this challenging ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi...
Dis-Chem injects R2mn into Solidarity Fund, launches drive through test stations
Dis-Chem has injected R2 million into the Solidarity Fund, joining a number of South African companies that are doing their part to fight the spread of the coronavirus. The pharmaceutical retailer has also launched drive through testing stations for Covid-19 at some of its stores. Dis-Chem Co-founder, Lynette Saltzman joins CNBC Africa for more.
Sasol outlines measures to protect employees from contracting COVID-19
Sasol’s share price which has been propelled by a stronger oil price said a small number of employees have tested positive for COVID-19 and are receiving its full support. The petrochemicals company also said it is reducing its fuel production due to the unprecedented decline in demand since South Africa started its lockdown on the 27th March. Sasol CEO, Fleetwood Grobler joins CNBC Africa for more.
South Africa’s Sasol cuts production, sales target due to COVID-19 lockdown
South African petrochemicals giant Sasol Ltd on Wednesday cut its guidance for synthetic fuel production and liquid fuel sales for this financial year due to a three-week nationwide lockdown linked to coronavirus.
Tiger Brands mulling executive pay cuts during COVID-19
The rand’s crash to record lows may cost Tiger Brands in excess of R600m in import costs. While restrictions on increasing prices during South Africa’s 21 Day lockdown could also impact earnings even though the company supported the measures. Tiger Brands CEO, Noel Doyle joins CNBC Africa for more.
Markets
Here’s what’s driving market volatility after the global stock rout
CNBC -
While Thursday’s stock market was fueled by the rapid global spread of the coronavirus pandemic, and U.S. President Donald Trump’s announcement of travel restrictions from Europe, markets today are painting an inconsistent and chaotic picture.
Markets in turmoil: India, Thailand halt trading, stock futures point to more pain ahead for US, European & African markets
Stock futures pointed to more pain ahead on Friday.
We are now in a bear market — here’s what that means
It’s helpful to know what a “bear market” is, because based on history it looks like we could be here for a while.
Nigeria: Declining market, COVID-19 concerns affecting investor sentiment negatively
The rout on the equities market in Nigeria continues for the fifth straight session today as sell sentiments continue. Tunde Oyekunle, Head of Investment Banking at PAC Capital joins CNBC Africa to review the equities market....
Is the U.S heading towards a recession?
Fears of a U.S recession has been looming in the markets over the past few weeks. Many believe that the U.S is already in recession territory with the U.S 3 month Treasury bill being above the 10 year since May, this has been an indication of a recession in the past. Joining CNBC Africa for more is and how it could possibly impact African markets is Charles Robertson, Global Chief Economist at Renaissance Capital.
Economy
Moody’s downgrades SA to junk
The action will result in South Africa's expulsion from the World Government Bond Index (WGBI), as a consequence those funds tracking this index as a benchmark will become forced sellers.
South African economy enters recession, what you need to know
South Africa entered its second recession in two years in the final quarter of last year, as agriculture, transport and construction contracted, data showed on Tuesday.
African Development Bank Rebuts World Bank President’s comments on Africa’s debt profile
In several news reports, World Bank President David Malpass was recently quoted as saying some Multilateral Development Banks, including the African Development Bank (https://www.AfDB.org), have a tendency to lend too quickly and in the process, add to the continent’s debt problems.
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Sustainable Development, Sustainable Debt: Debt must acquire assets that generate social & economic returns – Amadou Hott
Senegal’s Minister for Economy, Planning and International Corporation, Amadou Hott, says when African countries borrow, they have to make sure the debt is mostly used for acquiring assets that generate both social and economic returns. CNBC Africa's Kenneth Igbomor caught up with him on the sidelines of IMF's International Conference in Senegal which focused on sustainable development and debt sustainability.
Op-Ed: SA’s is on an unsustainable economic path, these are the urgent interventions needed
Lungisa Fuzile, Chief Executive of Standard Bank South Africa examines what action needs to take place to fix SA's economy.
Banking
How Absa is gearing up to respond to client needs in transactional banking
Absa Corporate and Investment Banking (CIB) says it is stepping up its capabilities in Transactional Banking to respond to ever changing client needs.
Equities dip further as FY earnings trickle in: Nigerian market watch
Nigeria’s equities market extended losses from Monday weighed down by the Banking and oil and gas sectors. Dare Fajimolu, Chief Research Officer at Blue Vertex joins CNBC Africa for a recap of today’s trade.
Zimbabwe’s largest bank CBZ issues bonds under scheme to raise funds for maize, soy farming
Zimbabwe's largest bank CBZ launched two bond issues on Monday, seeking to raise $80.6 million to finance maize and soybean farming, as the country faces another drought that could worsen an already dire economic situation.
Mukwandi Chibesakunda on expanding financial inclusion to the unbanked
Banking of the previously unbanked is seen as an opportunity for banks on the continent, a task that Mukwandi Chibesakunda, as the first female CEO of the National Savings and Credit Bank is out to ensure. On this issue and her journey to the top, she joins CNBC Africa for more.
Here’s how Absa is planning to take you further into Africa than ever before
Now in its third year, the Absa Africa Financial Markets Index evaluates financial market development in 20 countries across the African continent and the improvements show the progress being made within the financial markets.
Covid-19
Op-Ed: COVID-19 is a huge threat to Africa’s off-grid energy sector and its millions of customers – here’s what needs to be done
While 840 million people still live without electricity and a further 1 billion live without a reliable electrical supply, significant progress has been made in recent years on expanding energy access globally. But without urgent action, off-grid energy could essentially be wiped out
Update on Rupert family’s R1bn COVID-19 fund
This week Johann Rupert’s R1billion Sukuma fund had to close doors on desperate small businesses wanting help to fight the impact of COVID-19 lockdowns.
World Bank considers debt relief for Africa to fight COVID-19
The World Bank expects COVID-19 to cost Sub-Saharan Africa up to $79 billion in lost output in 2020, plunging the region into its first recession in a quarter of a century. World Bank’s Chief Economist for Africa, Albert Zeufack joins CNBC Africa for more.
Why China will be least hit by capital exodus from emerging markets
The COVID-19 shock has fuelled the biggest capital outflows from emerging markets on record in the first quarter, and the situation is unlikely to improve for the rest of the year. That’s according to research from the Institute of International Finance. Elina Ribakova, Deputy Chief Economist from the (IFF) Institute of International Finance joins CNBC Africa for more.
I&M Bank Rwanda reduces interest rates by 0.5% to cushion customers from COVID-19
In an attempt to ease the burden of high interest costs on customers affected by the COVID-19 pandemic, I&M Bank Rwanda has reduced their interest rates by 0.5 per cent. CNBC Africa spoke to CEO, Robin Bairstow for more.
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South Africa
Nedbank on future of dividends, executive bonuses
Nedbank has assured shareholders that they will be paid their final dividend of R6.95 per share later this month. But the bank warned future dividends will be impacted by guidelines from South Africa’s Reserve Bank that dividends and bonuses be put on ice while the country fights the coronavirus. Mike Brown, Nedbank CEO joins CNBC Africa for more.
SMME grocery stores permitted to operate during South Africa’s COVID-19 lockdown
South Africa’s Minister of Small Business Development, Khumbudzo Ntshavheni, has issued directions aimed at helping SMMEs operating grocery stores in the country, including corner shops, spaza shops and fruit and vegetable stores, comply with the government’s COVID-19 lockdown regulations.
Mail & Guardian faces tough times amid COVID-19 crisis
Like many businesses in South Africa who are currently struggling to keep the lights on and mouths fed, one of South Africa’s most acclaimed and trusted news media source the Mail and Guardian is currently being heavily impacted by the Covid-19 lockdown. Mail & Guardian editor, Khadija Patel joins CNBC Africa for more.
SA hotel group offers COVID-19 isolation facilities as hospitality industry faces grim outlook
The Capital Hotels and Apartments in partnership with Discovery Health has launched isolation and recovery facilities at The Capital Empire hotel in Sandton to help those who wish to isolate themselves away from their homes during the COVID-19 outbreak. Marc Wachsberger, Managing Director of The Capital Hotels and Apartments joins CNBC Africa for more.
EOH Exco chop salaries by 25%; ask staff to cut by 20%
Technology group EOH narrowed its first half loss per share from continuing operations, while group revenue fell 14 per cent and costs rose. EOH CFO, Megan Pydigadu joins CNBC Africa for more.
Nigeria
World Bank: COVID-19 to drive SSA towards first recession in 25 yrs
The World Bank says it expects the economy of sub-Saharan Africa to fall sharply from 2.4 per cent in 2019 to a contraction of between 2.1 to 5.1 per cent in 2020, the first recession in the region over the past 25 years. Femi Oladehin, Partner, Investment Banking at Argentil Capital Partners joins CNBC Africa for more.
How COVID-19 impacts Nigeria’s brewery industry
Renaissance Capital says brewers in Nigeria are experiencing material decline in beer volumes following the restrictions to movements and gatherings directed at limiting the spread of the coronavirus. Adedayo Ayeni, Vice President, Sub-Saharan Africa Consumer at Renaissance Capital.
Stears on the impact of COVID-19 on small businesses in Nigeria
Data from Stears says Nigerian businesses are likely to be directly affected by the local spread of COVID-19, and many more would be impacted by the partial shutdown of the Nigerian economy. They also stress that most of the 40 million small businesses in the country are ill-equipped to handle a crisis of this scale. Michael Famoroti, Chief Economist at Stears joins CNBC Africa for more.
AfDB announces $10bn war chest to fight COVID-19
The African Development Bank Group has announced the creation of the COVID-19 Response Facility to assist regional member countries fight the pandemic. The facility provides up to $10 billion to governments and the private sector. Khaled Sherif, Vice President for Regional Development, Integration and Business Delivery at the African Development Bank joins CNBC Africa for more.
Nigerian markets await DMO April bond auction
Traders say Nigeria’s April bond auction may not hold on the back of Nigeria's 14-day lockdown but adds that the Debt Management Office would keep paying this month’s coupons. Bankole Odusanya, Head of Fixed Income trading at UBA joins CNBC Africa for this discussion.
Kenya
Safaricom, Vodacom partner to grow M-pesa across Africa
Safaricom and Vodacom recently announced the completion of the acquisition of the M-pesa brand as well as product development and support services from Vodafone through a newly created joint venture. This move is expected to accelerate M-pesa's growth in Africa. Sitoyo Lopokoiyit, Safaricom Chief Officer for Financial Services joins CNBC Africa for more.
Bank of Uganda slashes key interest rate to 8%
The Bank of Uganda has reduced its key interest rate by one percentage point to 8 per cent in efforts to mitigate the effects of the COVID-19 pandemic. Analyst Charles Bwogi joins CNBC Africa to discuss movements shaping the Ugandan market.
How African economies can survive the COVID-19 crisis
Governments on the continents have put forward strict measures in an effort to fight coronavirus of which, the impact will be greatly felt across the economies. The World Bank and the International Monetary Fund have stressed on the need to provide debt relief to developing countries. Grant Harris, CEO, Harris Partners LLC joins CNBC Africa for more.
How Rwanda’s private sector is dealing with COVID-19 shocks
With over 100 COVID-19 cases, Rwanda is one of the countries in which the outbreak has caused significant disruptions to the economy. We seek to understand how the private sector is coping with the situation and its contribution in overcoming it. Spokesperson of the Private Sector Federation Rwanda, Theoneste Ntagengerwa spoke to CNBC Africa for more.
COVID-19: Can South Sudan afford to take on another crisis?
Over the weekend South Sudan confirmed their first and second cases of COVID-19. The country's much anticipated oil licensing round has been postponed and various measures are underway to control the spread of the virus, but with a country that has seen hard times in the recent past in the form of civil war and extreme weather, are these measures enough to protect the country's most vulnerable and high risk people? And in a country whose economy depends heavily on oil, how will they afford to recover from this? Akol Dok, Africa Political and Economic Affairs Analyst joins CNBC Africa for more.
Rwanda
The harsh realities of being an entrepreneur. He first had to deal with the dot-com crash, now his coffee business is being hit by...
Entrepreneur Jonathan Robinson saw his dotcom dream disappear overnight, he awoke from the nightmare to smell the coffee only to suffer COVID-19.
How COVID-19 is impacting genocide commemoration events in Rwanda
As Rwanda prepares for the Genocide Commemoration week while being in lock down, CNBC Africa is joined by Christian Ntwari, Managing Director of Our Past, to tell us more on this year's plan for the event and how coronavirus pandemic is going to affect the event.
How the Bank of Kigali is tackling the COVID-19 crisis
Rwanda's leading bank, the Bank of Kigali has announced their contribution to the country's relief efforts in a statement outlining concessions they're making for vulnerable clients, and the fund of over $296,000 that the institution will be handing over to the Government to oversee distribution of cash and supplied to families affected by the Covid-19 crisis. Bank of Kigali CEO, Diane Karusisi joins CNBC Africa for more.
South Sudan confirms first case of COVID-19
South Sudan is the latest African country to confirm its first case of COVID-19. The virus is having profound and serious impact on the global economy and has sent policymakers looking for ways to respond. Parek Maduot, Director of Economic Development &Regional Integration, at the International Conference on the Great Lakes Region joins CNBC Africa for more.
Ethiopia closes door on M-Pesa, only local companies allowed
Ethiopia has shut the door for foreign mobile phone companies like Safaricom, which had hoped to introduce its popular M-Pesa mobile money transfer platform in the market of 100 million people. According to the central bank, only allow locally-owned non-financial institutions would be allowed to offer mobile money services as it seeks to boost non-cash payments. Writer and Analyst Samuel Getachew joins CNBC Africa for more.
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Africa Press Office
African Development Bank Group approves $10 million equity in Razorite Healthcare Fund for Africa
Download logoThe Board of Directors of the African Development Bank (www.AfDB.org) has approved a $10-million equity investment in Razorite Healthcare Africa Fund 1 (RHAF1) to help improve healthcare infrastructure delivery across the continent. The 10-year deal, approved on 26 February, will resource the Fund to address growing demands for affordable and quality healthcare services in several countries of Sub-Saharan Africa faced lack of access to low cost, first-class healthcare. RHAF1
Coronavirus – Sierra Leone: COVID-19 case update
1 new case confirmed. Total Confirmed: 8 Total Recovered: 0 Deaths: 0 Total in Quarantine: 374Distributed by APO Group on behalf of Ministry of Information and Communication, Sierra Leone.Media filesDownload logo
Coronavirus – Ethiopia: Notification on the third COVID-19 death in Ethiopia
Download logoOn April 6, 2020, issued press statement, it was notified that a 65 years old female Ethiopian Dukem resident, was confirmed for COVID-19. The patient was admitted to hospital on April 4, 2020 for underlying medical condition. Upon showing symptoms of COVID-19, she was tested positive on April 6, 2020 and admitted to the treatment center the same date. She was in critical condition Since admission and was receiving intensive care. Unfortunately, she passed away today. As of today, t
Coronavirus – Africa: 52 African Union Member States reporting COVID-19 cases (12,492), deaths (649), and recoveries (1,964)
African Union Member States (52) reporting COVID-19 cases (12,492), deaths (649), and recoveries (1,964) by region: Central (1,096 cases; 36 deaths; 85 recoveries): Burundi (3; 0; 0), Cameroon (730; 10; 60), Central African Republic (11; 0; 3), Chad (11; 0; 2), Congo (60; 5; 5), DRC (215; 20; 13), Equatorial Guinea (18; 0; 1), Gabon (44; 1; 1), Sao Tome & Principe (4; 0; 0) Eastern (1,092; 25; 112): Djibouti (150; 1; 36), Eritrea (33; 0; 0), Ethiopia (65; 2; 4), Kenya (189; 7; 22), Mad
Africa cannot go back to ‘business as usual’ when COVID-19 pandemic is over (By Babatunde Omilola)
Download logoBy Babatunde Omilola Like every other pandemic that the world has experienced in the past, coronavirus will eventually come to an end. It will be defeated, and life return to normal. But it will teach us an important lesson: the need to invest in health infrastructure across the world, and particularly in Africa. For centuries, global and national agendas have given premium to wealth creation and less attention to healthcare. Indeed, the pursuit of wealth has even come at the ex
Coronavirus – Ghana: Situation Update, COVID-19 outbreak in Ghana as at 09 April 2020, 22:00 hrs
Over the past eleven (11) days, a number of measures have been introduced to control and prevent further spread of COVID-19 in Ghana. Among these include restrictive movement in the hotspots of the outbreak, enhanced surveillance including intensive contact tracing and laboratory testing. These measures have resulted in a sudden increase in case detection, with high number of cases being reported. As of 09 April 2020, 22:00 HRS, a total of 37,405 samples (from routine and enhanced surveillanc
The 9th OPEC/Non-OPEC Declaration of Cooperation Ministerial Meeting to curtail crude oil production up to ten million barrels
Nigeria has joined other OPEC+ counterparts in a historic curtailment of crude oil production to rebalance and stabilize the global oil markets. Nigeria is participating in the pursuit of our commitment to the framework of the Declaration of Cooperation entered on 10th December 2016 and further endorsed in subsequent meetings as well as the Charter of Cooperation signed in July 2019. Nigeria joined OPEC+ to cut supply by up to Ten (10) Million Barrels per day between May and June 2020, Eig
Coronavirus – Zambia: COVID-19 status update – 10 April 2020
New: 1 confirmed case; 1 death; 1 recovery. Cumulative Cases: 40 Total Recoveries: 25 Total Deaths: 2 Active Cases: 13Distributed by APO Group on behalf of Ministry of Health, Zambia.Media filesDownload logo
Coronavirus – South Africa: Government on Operational Government Services over Easter weekend
Download logoGovernment thanks South Africans for their continued cooperation with the COVID-19 lockdown regulations. As the country approaches the Easter weekend, government would like to assure citizens that amongst the “essential services” identified in terms of the National Lockdown Regulations, the most critical ones within the public service will continue to operate, including health-care and law-enforcement. A variety of departments will have offices closed from Friday 10
COVID-19: These are the relief measures SA’s government is offering farmers
South Africa is a net exporter of food but with lockdown and COVID-19 some farmers are finding it difficult to cope financially.
Growthpoint SA CEO on the business impact of COVID-19 lockdown
As the economy faces one of its toughest battles yet, one industry that is feeling the brunt of the economic fallout is the property sector. Last week the South African Real Estate Investment Trust Association made an urgent request to the National Treasury for provisional relief of the REIT tax rules and joining CNBC Africa for more is Estienne de Klerk, SA REIT Chairman and CEO of Growthpoint SA.
How ride hailing service Bolt is adapting to the COVID-19 lockdown
Ride hailing service Bolt is revving up its services to help fight against the COVID-19 spread, the company has established an Isolated Cars category to ensure individuals can choose their choice of space in a car as well as a Bolt Business Delivery service which helps essential services deliver their goods during the COVID-19 lockdown. Gareth Taylor, Country Manager for Bolt South Africa joins CNBC Africa for more.
How the IMF is responding to Africa amid the COVID-19 crisis
On the 25th of March, the International Monetary Fund and the World Bank issued a joint statement to the G20 nations concerning debt relief for the poorest countries. Meanwhile African finance ministers recently met for a second time virtually and welcomed the IMF and World Bank’s call for bilateral creditors to suspend debt payments for poor countries at a time where African economies are at a stand-still due to the challenges posed by the coronavirus outbreak. Abebe Selasie, Director of the African Department of the IMF joins CNBC Africa's Chris Bishop and Kenneth Igbomor to explore other roles the IMF play in helping African economies better manage the crisis....
Coke The Secret Formula EP3: How Project Last Mile is transforming the lives of Mozambicans
In this episode we head off to Mozambique where Project Last Mile has existing routes in place to help third party deliveries of life saving medication to remote regions. A fascinating off the road journey into the heart of Mozambique....
How a billionaire gamer built a pandemic-proof business | Make It International
Business is booming for gaming giant Razer, as large swathes of the globe stay indoors to combat the coronavirus. CNBC Make It’s Karen Gilchrist spoke to the company’s self-made billionaire co-founder, Min Liang Tan, to hear how he’s pivoting his brand in response -- and what it could mean for the future of entertainment. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi...
SA’s COVID-19 lockdown: Icasa to release emergency spectrum
Icasa will release emergency spectrum to help mobile operators meet the spike in demand for broadband services due to many people working at home during South Africa’s 21 day lockdown. Acting Chair of the telecoms regulator, Keabetwse Modimoeng joins CNBC Africa for more.
Coronavirus May Cause The U.S. To Vote From Home
As states and jurisdictions move elections later in the calendar and call for voters to request absentee ballots, the country faces the possibility of holding a presidential election in the middle of a pandemic. » Subscribe to CNBC: https://cnb.cx/
Opinion
Op-Ed: Mozambique – Islamist militants continue attacks in Cabo Delgado
Islamist extremist militants have carried out a spate of attacks targeting villages in the northern Cabo Delgado province on April 6 and 7.
Op-Ed: Africa locks down: No time for test runs
“Italy has given the rest of the world a tragic glimpse of what a lockdown needs to look, especially for countries that blink and fail to take action fast,” writes former Director of Communication and External Relations at the African Development Bank Group, Dr. Victor Oladokun.
Op-Ed: Ethiopia – Abiy leads African appeal for relief actions
Acutely aware of Ethiopia’s vulnerability to the health and economic repercussions of the COVID-19 pandemic, Prime Minister Abiy Ahmed urged “collective leadership and coordinated responses” to overcome the challenges posed by the unprecedented shock.
Op Ed: Why you shouldn’t make your investment decision based on panic during market volatility?
Content supplied by Forex Brokers SA Financial Markets around the world and across Africa are currently highly volatile due...
Op-Ed: Victor Oladokun on why Africa urgently needs an Ubuntu Plan
“Africa urgently needs a globally coordinated Ubuntu Plan in response to COVID-19, a fiscal stimulus that recognises our shared and connected humanity, as we find ourselves in the midst of an unprecedented crisis,” writes Victor Oladokun.