It’s been legal to buy and smoke marijuana in Amsterdam’s coffee shops for decades - but there are still big regulatory hurdles for the city’s c...
The World Bank has just released its second report in its series of Doing Business in South Africa. The 2018 report measured South Africa's regulatory business environment for small and medium-size enterprises and found that the local standards are still lagging behind the global expectation. Joining CNBC Africa for more is Moussa Traoré, the World Bank Project Leader of the Subnational Doing Business Unit.
Pan African Resources expects to resume dividends in 2019 after halting them due to a difficult year. It will also focus on bolt-on projects to grow. Pan African Resources CEO, Cobus Loots joins CNBC Africa for more.
The Deputy City Manager for Economic Development and Planning at the eThekwini Municipality, Phillip Sithole, spoke to CNBC Africa about the Durban Business Fair’s 20th anniversary, and what the municipality is doing to assist local small businesses.
The Johannesburg Stock Exchange hosted its media roundtable on its Regulatory Review Consultation Paper earlier today. With more on the stock exchange's listing requirements and the policy in place for regulation, JSE's Director of Issuer Regulation, John Burke joins CNBC Africa for more.
African Innovation Foundation recently announced nominees for this year’s innovation price for Africa. Organizers say the top 10 nominees reflect Pan African flavor of the awards with representation from north, west, East, central and southern Africa, including Madagascar. One of the nominees from Rwanda in the run for the prestigious US$185,000 Innovation Prize Henry Nyakarundi, Founder of African Renewable Energy Distributor joins CNBC Africa for more.
There are barriers hurting cross-border trade in East Africa even as regional economies of countries across the region integrate; cross border trade is still faced by major challenges among them non-tariff barriers. Some traders have suggested the complete removal of borders. Kiprono Kitonyi, Chairman of Kenya National Chamber of Commerce and Industry shares insights on this and much more.
Bearish sentiments persist in the bond markets as demand by Foreign Portfolio Investors and Pension Fund Administrators drops amidst expectations of a Primary Market Auction and an anticipated CBN mop up NkechiEzugha, Forex Trader at UBA joins CNBC Africa to analyse the fixed income market.https://www.cnbcafrica.com/videos/...
In this episode of Capital Connection CNBC Africa’s Christy Cole discusses whether Africa is ready to sustain its growth in tourism; joined by Trevor Ward, MD of the W Hospitality Group, in Lagos; in Kigali Rica Rwigamba, Programme Manager for the Mastercard Foundation and in Johannesburg spokesperson for the Gauteng Tourism Authority Barba Gaoganediwe. And then we get a report from the ground from our reporter Karabo Letlhlatlha on the state capture inquiry.https://www.cnbcafrica.com/category/tv-shows/capital-connection/...
Despite Brexit, Absa one of Africa’s largest diversified financial services groups, has opened an office in the United Kingdom. Joining us to explain the rationale is Cheryl Buss, Managing Director of Global Clients Africa for ABSA Corporate Investment Banking. https://www.cnbcafrica.com/videos/...
The Federal Government of Nigeria has giving the Nigerian Labour till the end of this month to present a figure to be adopted as the country’s minimum wage. So what should the NLC consider in coming up with a figure. Jimi Tewe, Chief Executive Officer of The Jimi Tewe Company joins CNBC Africa to discuss this.
In its report titled ‘Doomsday Prophecy’ HSBC Bank says Nigeria’s economic growth will be stunted if the country’s President Muhammadu Buhari is re-elected into office in 2019. In a counter response, Nigeria's Presidency accused HSBC of suspected involvement in the laundering of proceeds of corruption involving more than 50 other Nigerians. Chamberlain Peterside, Managing Director and Chief Executive Officer of Xcellon Capital Advisors joins CNBC Africa to analyse these and Nigeria's election risk.
Ongoing controversy surrounding Nigeria's minimum wage have spike debates on what should be the ideal minimum wage. While Nigeria currently pays N18,000 as minimum wage, just under 50 US Dollars, labour unions and the citizenry want more in line with current economic realities. CNBC Africa took to the street of Lagos to sample opinions.
First the Argentine peso, then the Turkish Lira, third the Russian rubble, then the Indian Rupee, could the South African rand be next for an exchange-rate crisis? CNBC Africa is joined by Jameel Ahmad, Global Head of Currency Strategy & Market Research at FXTM. https://www.cnbcafrica.com/videos/...
South African investors are increasingly seeking shelter via offshore exposure. But, according to David Nathanson, Global Equity Specialist at Bellwood Capital, it is important for investors to consider the implications of counting on locally listed rand-hedged stocks as a substitute for a truly global portfolio.
FABRIC, a Siemens driven initiative, launched in Johannesburg and showcases how digitisation of the industrial world is fast becoming the biggest transformation of our time. Fabric highlights how data combined with smart technology will ensure that tomorrow’s cities are more connected, efficient and powered. CNBC Africa’s Aviwe Mtila has more.
August’s inflation print comes in at a lower than expected, 4.9 per cent y/y. The decline in alcoholic beverage inflation and transport costs, recorded at 4.6 per cent, proved the main contributors to the dip in CPI. Joining CNBC Africa to unpack the number and what it means for the economy at large is Annabel Bishop, Chief Economist at Investec.
Rwanda’s economy grew by 6.7 per cent in the second quarter of 2018 with Gross Domestic Product at current market prices estimated at $2,268 billion, up from $2,119 billion in the second quarter of 2017. According to the National Institute of Statistics of Rwanda the positive growth was a result of growth in all the three key sectors of the economy. Joining CNBC Africa for a thorough breakdown is Ivan Murenzi, Deputy Director General of the Statistics office.
The 4th annual East Africa Investor Conference is underway in Nairobi with focus on key market fundamentals and analysis on the political and economic landscape in Kenya and Sub-Saharan Africa. Joining CNBC Africa is Yvonne Mhango, SSA Economist Renaissance Capital and David Dalhuisen Head of Investment Banking, Africa Renaissance Capital.
Back in 2012, a Cape Flats activist leading the charge for a commission of inquiry into policing in Khayelitsha found herself on trial for necklacing and murdering a young neighbourhood troublemaker. CNBC Africa’s Jill de Villiers talks to writer and researcher Simone Haysom, who spent four years researching this case. Her book The Last Words of Rowan du Preez captures the court-room drama, while delving into the state of policing in the townships of South Africa....