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<p>Property group Liberty Two Degrees has reported an interim loss of R1.4 billion, a more than 100 per cent change from its previous profits due to the impact of the lock-down on businesses. The group has also opted not to declare an interim dividend and joining CNBC Africa for more is Amelia Beattie, the CEO of Liberty Two Degrees.</p>


Liberty Two Degrees CEO on building resilience amid COVID-19

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<p>Africa’s hospitality sector still boasts great investment opportunities and long term value despite the COVID-19 crisis impacting economies and markets. This is according to Tim Cordon, Senior Vice President of the Middle East &#038; Africa at the Radisson Hotel Group; he joins CNBC Africa for more.</p>


How Africa’s hospitality sector can bounce back from COVID-19

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<p>The Covid-19 pandemic has thrown many business models into a tailspin, but some entrepreneurs are building resilience through creativity and innovation. The CEO of the Tony Elumelu Foundation, Ifeyinwa Ugochukwu joins CNBC Africa to discuss how young entrepreneurs can sail through these turbulent times.</p>


Tony Elumelu Foundation CEO: How young entrepreneurs can navigate COVID-19 shocks

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<p>As South Africa’s COVID-19 infections rise rapidly, the needs of the healthcare sector and social stability has increased as well. Nomkhita Nqweni, CEO of the Solidarity Fund joins CNBC Africa for an update on the fund that was set up to address the vulnerability of the country in the wake of the pandemic.</p>


Solidarity Fund CEO: What an extended lock-down means for the fund

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<p>The Council for Islamic Banks and Financial Institutions (CIBAFI) has been focusing on professional development and exploring Fintech integration for the past month, but how has the Islamic Banking and Finance space fared overall since the beginning of the pandemic? CNBC Africa spoke to the Secretary General of CIBAFI, Abdelilah Belatik for more.</p>


How Islamic banks & financial institutions are responding to COVID-19

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<p>As we continue through lock-down, co-operation and support between commercial landlords and tenants have been key, in order to ensure South Africa’s most successful Central Business District will survive this period. Landlords in Cape Town have moved swiftly to provide relief and advice, to support tenants battling to stay afloat amid stringent lock-down regulations. Rob Kane, Chairperson of the Cape Town Central City Improvement District joins CNBC Africa for more.</p>


Why office space is making a comeback despite COVID-19

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<p>Sonatel has issued its corporate bond worth 100 billion CFA Francs on the BRVM. The bond which is the largest of its kind in the WAEMU region was listed at a 6.5 per cent annual coupon rate at tenure of 7 years. The bond issuance was closed by Impaxis Securities which was the sole Arranger and Bookrunner for this transaction. Ababacar Diaw, CEO of Impaxis Securities joins CNBC Africa for more.</p>


Impaxis Securities: Sonatel’s XOF 100 billion bond 122% oversubscribed

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<p>The BankservAfrica Economic Transaction Index for June 2020 has reported that there is a sign of a slight economic recovery ahead, with more transactions taking place in June at 101.7 points compared to the weakest point of 98.1 in May. Mike Schüssler, Chief Economist at Economists.co.za joins CNBC Africa for more.</p>


SA economy shows green shoots of recovery as lock-downs ease

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<p>South Africa’s government has reinstated an alcohol ban in the country which saw alcoholic drinks maker Distell’s share price dropped by more than 6 per cent in Monday trading but has gained by 3 per cent in trade this morning. Joining CNBC Africa for more is Richard Rushton, CEO of Distell.</p>


Distell CEO on the business impact of the reimposed alcohol ban

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<p>The government has approved a rescue plan for the ailing South African Airways that could cost taxpayers up to R16.3 billion, and is likely to be controversial. Already taxpayers have propped up the loss-making airline to the tune of R30 billion, in the last decade. Part of the plan is to get private money to fund the rescue plan and the appointment of a new interim CEO, Phillip Saunders. Guy Leitch, Editor of SA Flyer &#038; FlightCom magazines joins CNBC Africa for more.</p>


Government approves SAA rescue plan

Government approves SAA rescue plan, appoints new interim CEO

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<p>The Foschini Group has put in an offer to acquire 371 Jet Stores, from Edcon, in a deal worth R480 million. In April, Edcon filed for voluntary business rescue, as it faced a distressed balance sheet. Meanwhile, on its trading update, TFG has reported a consolidated retail turnover decline of 43 per cent for the three months ended 27 June, due to the COVID-19 Lockdowns in SA, the UK and Australia. Anthony Thunström, Group Chief Executive Officer, The Foschini Group joins CNBC Africa for more.</p>


TFG CEO on the decision to buy Jet Stores from Edcon

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<p>Eight candidates are going head-to-head for the top position at the World Trade Organisation with nominations coming from the United Kingdom, Mexico, Moldova, Korea, Saudi Arabia, and three entries from Africa. Egypt’s nominee for the top job, Abdel-Hamid Mamdouh, Senior Counsel at King and Spalding LLP joined CNBC Africa’s Kenneth Igbomor and Godfrey Mutizwa to discuss the state of global trade&#8230;.</p>


Egypt’s nominee for WTO top job speaks on the state of global trade

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<p>Alcohol is once again the centre of attention in South Africa, with another ban imposed on its sale and distribution. Healthcare professionals have reported that with the increasing number of trauma cases attributed to alcohol consumption, hospitals are running out of beds. The South African government continues to try and mitigate the impacts of the COVID-19 pandemic on the economy and on the health system. Joining CNBC Africa for this discussion are Lucky Ntimane, Convener for the National Liquor Traders Council, Busi Mavuso, CEO of Business Leadership South Africa and Doctor Devorah Leigh Weinberg from Baragwanath Hospital&#8230;.</p>


COVID-19 lock-down: Why alcohol ban won’t address SA’s binge drinking problem

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<p>Nigeria plans to enter the second phase of easing of restrictions on domestic flights from Wednesday. Evarest Nnaji, CEO, Oas Helicopters joins CNBC Africa for more.</p>


Oas Helicopters CEO on how COVID-19 has impacted Nigeria’s aviation industry

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<p>Africa’s venture capital industry has been growing from strength to strength as 613 deals worth $3.9 billion were reported between 2014 and 2019. That’s according to the African Private Equity and Venture Capital Association. Chair of the Board of the Association and Co-founder of Alitheia Capital, Tokunboh Ishmael joins CNBC Africa for more.</p>


Alitheia Capital on the future of Africa’s private equity & venture capital industry

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<p>CNBC Africa spoke with William Dachs, CEO of the Gautrain about a public transport outlook amid the COVID-19 crisis and how the Gautrain is faring during these times.</p>


William Dachs on how COVID-19 is impacting Gautrain operations

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<p>There will be no alcohol for sale &#8211; cloth masks are compulsory and taxi drivers can only move at 70 per cent capacity for long distances. This was the word from President Cyril Ramaphosa in his address to the nation last night as South Africa gets increasingly worried about the COVID-19 pandemic and extended the state of national disaster for another month. He said that a quarter of the more than 4000 deaths from the disease have happened in the last week and warned that up to 50000 people could die before the end of the year&#8230;.</p>


CEO Interviews

Liberty Two Degrees CEO on building resilience amid COVID-19

How Africa’s hospitality sector can bounce back from COVID-19

Tony Elumelu Foundation CEO: How young entrepreneurs can navigate COVID-19 shocks

Solidarity Fund CEO: What an extended lock-down means for the fund

How Islamic banks & financial institutions are responding to COVID-19

Why office space is making a comeback despite COVID-19

Impaxis Securities: Sonatel’s XOF 100 billion bond 122% oversubscribed

SA economy shows green shoots of recovery as lock-downs ease

Distell CEO on the business impact of the reimposed alcohol ban

Government approves SAA rescue plan, appoints new interim CEO

TFG CEO on the decision to buy Jet Stores from Edcon

Egypt’s nominee for WTO top job speaks on the state of global trade

COVID-19 lock-down: Why alcohol ban won’t address SA’s binge drinking problem

Oas Helicopters CEO on how COVID-19 has impacted Nigeria’s aviation industry

Alitheia Capital on the future of Africa’s private equity & venture capital industry

William Dachs on how COVID-19 is impacting Gautrain operations

SA implements another COVID-19 alcohol ban

News Tips

Advertise With Us

CEO Interviews

Liberty Two Degrees CEO on building resilience amid COVID-19

How Africa’s hospitality sector can bounce back from COVID-19

Tony Elumelu Foundation CEO: How young entrepreneurs can navigate COVID-19 shocks

Solidarity Fund CEO: What an extended lock-down means for the fund

How Islamic banks & financial institutions are responding to COVID-19

Why office space is making a comeback despite COVID-19

Impaxis Securities: Sonatel’s XOF 100 billion bond 122% oversubscribed

SA economy shows green shoots of recovery as lock-downs ease

Distell CEO on the business impact of the reimposed alcohol ban

Government approves SAA rescue plan, appoints new interim CEO

TFG CEO on the decision to buy Jet Stores from Edcon

Egypt’s nominee for WTO top job speaks on the state of global trade

COVID-19 lock-down: Why alcohol ban won’t address SA’s binge drinking problem

Oas Helicopters CEO on how COVID-19 has impacted Nigeria’s aviation industry

Alitheia Capital on the future of Africa’s private equity & venture capital industry

William Dachs on how COVID-19 is impacting Gautrain operations

SA implements another COVID-19 alcohol ban

News Tips

Advertise With Us

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