FNB launched an additional feature to its mobile banking application capabilities. It’s called eWallet eXtra, and it is an easy to use application with full banking features accessible to anyone with a smart phone and valid ID. CNBC Africa’s Aviwe Mtila, attended the launch and gives us more.
In partnership with Rwanda Agriculture Board, BKTechouse is using technology to de-risk agriculture. The firm hopes to digitize the end to end value chain of the Agro-Input Subsidy program significantly increasing efficiency, productivity, transparency, raise financial inclusion and a green economy. CNBC Africa spoke to the both parties to better understand the initiative.
Ahead of the release of Safaricom Plc’s FY2018 financial performance results on 9th May 2018, Sterling Capital has released a report that provides an investment analysis of Safaricom Plc. For more CNBC Africa is joined by Sterling Capital's Investment Analyst Renaldo D'souza.
CNBC Africa's Charles Gitonga chats to Jane Karuku Managing Director of Kenya Breweries Limited, subsidiary of East African Breweries Limited about her rise to the top and the current investment in a new beer plant worth about $150mn in Kenya's western city of Kisumu. Before taking over at KBL, Mrs. Karuku was the president of the Alliance for a Green Revolution in Africa (AGRA).
CNBC Africa's Charles Gitonga had a chat with Dan Awendo, Managing Director and one of the founders of the listed estate firm, Home Afrika. He became MD in 2016 following financial turmoil which has seen the company post a streak of losses since listing at the Nairobi Securities Exchange in 2013.
The Central Bank of Nigeria has confirmed that the first MPC meeting of the year will be slated for the third and fourth of April. Babatunde Adama, Director &Head of Trading at Citi joins CNBC Africa to discuss the fixed income and forex space this week.
All eyes will be on embattled Steinhoff International on Friday as the company holds its Annual General Meeting in Amsterdam. Benguela Global Fund Managers is one of those who will be keeping a close eye on the AGM following one of the biggest corporate scandals to hit South Africa with Steinhoff at the centre of it. Speaking to CNBC Africa in a joint interview, Benguela’s Chief Investment Officer, Zwelakhe Mnguni, alongside Karl Gevers, Head of Research, say the resolution to re-appoint existing board members is unethical.
SA agribusiness Zeder posted disappointing results after a punishing year on the field. Zeder's recurring headline earnings per share decreased by 35.2 per cent to 27.6 cents for the period. Joining CNBC Africa to find out more about the major contributors is Zeder CEO, Norman Celliers.
Across different contexts, 63 per cent of women will take a savings account when offered, versus only 26 per cent of men. A new program dubbed “SheCounts” analysed this, and related trends to find ways to accelerate economic opportunity for low income women and growth for financial service providers in the emerging markets. Mayra Buvinic, Senior Fellow at the Center for Global Development joins CNBC Africa for more.
On the 11 April 2018, the NPA Asset Forfeiture Unit obtained a Restraint order at the Bloemfontein High Court in the amount of R250 million against the assets of several individuals and entities who were implicated in the offences of theft, fraud and money laundering, in respect of the Vrede Dairy Project: Estina matter. Brigadier Hangwani Mulaudzi says it is not a raid but the asset forfeiture unit of the NPA are seizing assets at the Gupta family home on Saxonwold. CNBC Africa correspondent Karabo Letlhatlha spoke to Luvuyo Mfaku, NPA Spokesperson for more.
The Former President of Ijaw Youth Council, Udengs Eradiri, joins CNBC Africa from Bayelsa to discuss solutions to the challenges in Nigeria’s Niger Delta region.
Social media is proving itself to be a formidable market to consider for investment. Social media apps like Facebook have had market caps in excess of $500 million. Brett Dawson, Chairman of Gather Online, has made a considerably large investment into social media and he joins CNBC Africa to discuss why.
The foundation for Partnership Initiatives in the Niger Delta has been focused on building peace and equitable development in the region. Tunji Idowu, foundation’s Deputy Executive Director, discussed how collaboration can be a game changer in the Niger Delta region with CNBC Africa’s West Africa Markets Editor Kenneth Igbomor.
Governor of Nigeria’s Cross River State, Ben Ayade says the country is yet to exhaust the potentials of its oil and gas industry. He also spoke on some unique challenges facing the region.
Open Exchange, Nigeria, Chioma Udu, GT Bank, foreign exchange reserves, Central Bank of Nigeria, FMDQ Markets, fixed income, derivatives markets,
Okomu Oil’s full year earnings shows a 222 per cent rise in profit after tax to 2.5 billion naira. Graham Hefer, Managing Director of Okomu Oil Palm joins CNBC Africa to unpack the numbers.
Nigeria's foreign exchange reserves were up 1.7 percent week-on-week to 45.4 billion dollars as at Wednesday last week. The Central Bank of Nigeria also injected a total of 210 million dollars into the FX market. Sameul Ocheho, Treasurer at Stanbic IBTC Bank joins CNBC Africa to review activities on the FMDQ Markets that is the fixed income, forex and derivatives markets.