CNBC Africa

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CNBC Africa

CNBC Africa

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MTN Nigeria posts strong first-half growth despite tough market

MTN Nigeria says they managed to maintain double-digit service revenue growth of 12.6 per cent for the first half of the year despite the challenging environment witnessed in the second quarter. However, the communications services provider witnessed a 4.7 per cent decline in its half-year post-tax profits. MTN Nigeria CFO, Modupe Kadri joins CNBC Africa to break down the numbers.

Comercio Partners on Nigeria’s fixed income outlook for August

As trading at Nigeria’s financial markets for the month of August kicks off, Nnamdi Nwizu, Co-Managing Partner at Comercio Partners joins CNBC Africa to highlight those trends that are likely to impact activities at the fixed income and Forex market this month....

ZSE resumes trading after a month long shutdown

The Zimbabwean Stock Exchange will resume trading today after a month long shut down as the government ordered an investigation against illegal foreign dealings by some companies.

COVID-19: IMF approves second RFI loan to Gabon

Gabon is added to the list of African countries that have received an IMF loan under the Rapid Financing Instrument scheme; this is also the second loan to the country amid the COVID-19 crisis bringing the total loan to $300 million. Ridle Markus, Africa Strategist, Absa Corporate and Investment Banking joins CNBC Africa for more.

COVID-19: EAC countries resume commercial flights

East Africa Community member states, Rwanda and Kenya on the 1st of this month opened up their airspaces to commercial flights after more than four months of lock-downs. So what kind of impact will this have on the struggling aviation sector? Derek Nseko, Aviation Industry Expert and Managing Director iFly Aviation spoke to CNBC Africa for more.

Here’s how the COVID-19 lock-downs have impacted Africa’s movie industry

So usually on Mondays, we could look back at the box office hits from the weekend, not as much anymore as the big screens and cinemas in particular have been heavily hit by the pandemic but in this, could we see some form of opportunity.

CIMERWA lists on the Rwanda Stock Exchange

A breaking news story, a few minutes back at the opening bell of the Rwanda Stock Exchange, the country’s leading cement manufacturer CIMERWA PLC listed a free float of more than 344,000 shares for trading to interested investors, joining CNBC Africa for more is the Board Chairman of CIMERWA PPC, Regis Rugemanshuro.

MEC Motara on how to revive Gauteng’s infrastructure industry hit hard by COVID-19

The severe economic recession together with the COVID-19 pandemic brought infrastructure to its knees. With the announcement of an additional R4 billion injection to strengthen the Gauteng Budget, how will MEC Motara allocate the funds? She spoke to CNBC Africa for more....