CNBC Africa https://www.cnbcafrica.com Stock Markets, Business News, Earnings, Africa Tue, 19 Feb 2019 04:02:34 +0000 en-US hourly 1 https://wordpress.org/?v=5.0.3 Sixteenth UN – AU Joint Task Force on Peace and Security held in Addis Ababa https://www.cnbcafrica.com/apo/2019/02/18/sixteenth-un-au-joint-task-force-on-peace-and-security-held-in-addis-ababa/ https://www.cnbcafrica.com/apo/2019/02/18/sixteenth-un-au-joint-task-force-on-peace-and-security-held-in-addis-ababa/#disqus_thread Mon, 18 Feb 2019 17:07:22 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/sixteenth-un-au-joint-task-force-on-peace-and-security-held-in-addis-ababa/ United Nations Office to the African Union (UNOAU)

The 16th United Nations – African Union Joint Task Force (JTF) on Peace and Security was held in Addis Ababa on February 12, 2019 following the close of the 32nd Ordinary Session of the African Union Summit.

The meeting was attended by Under-Secretary-General for Peace Operations, Mr. Jean-P

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Ethiopia and Djibouti’s renewed resolve for cooperation and economic integration https://www.cnbcafrica.com/apo/2019/02/18/ethiopia-and-djiboutis-renewed-resolve-for-cooperation-and-economic-integration/ https://www.cnbcafrica.com/apo/2019/02/18/ethiopia-and-djiboutis-renewed-resolve-for-cooperation-and-economic-integration/#disqus_thread Mon, 18 Feb 2019 16:02:51 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/ethiopia-and-djiboutis-renewed-resolve-for-cooperation-and-economic-integration/ Embassy of the Federal Democratic Republic of Ethiopia, London, UK
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The meeting was held in a spirit of brotherhood that reflected the excellent relations between the two countries. At the same time, it al

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Explainer: South Africa’s energy generator is in trouble, here’s why https://www.cnbcafrica.com/news/financial/2019/02/18/explainer-south-africas-energy-generator-is-in-trouble-heres-why/ https://www.cnbcafrica.com/news/financial/2019/02/18/explainer-south-africas-energy-generator-is-in-trouble-heres-why/#disqus_thread Mon, 18 Feb 2019 15:55:32 +0000 https://www.cnbcafrica.com/?p=328465 Eskom is in a crisis. It’s the single largest threat to South Africa’s economy.

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UNHCR South Sudan Operational Update https://www.cnbcafrica.com/apo/2019/02/18/unhcr-south-sudan-operational-update/ https://www.cnbcafrica.com/apo/2019/02/18/unhcr-south-sudan-operational-update/#disqus_thread Mon, 18 Feb 2019 15:51:50 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/unhcr-south-sudan-operational-update/ United Nations High Commissioner for Refugees (UNHCR)
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UNHCR and partners roll out ‘back to school’ campaign in Unity: A back to school campaign took place in Ajuong Thok and P

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An European Union (EU) road project in Eritrea https://www.cnbcafrica.com/apo/2019/02/18/an-european-union-eu-road-project-in-eritrea/ https://www.cnbcafrica.com/apo/2019/02/18/an-european-union-eu-road-project-in-eritrea/#disqus_thread Mon, 18 Feb 2019 15:34:53 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/an-european-union-eu-road-project-in-eritrea/ Embassy of the Federal Democratic Republic of Ethiopia, London, UK
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EU Commissioner for International Cooperation and Development Neven Mimica visited Eritrea at the end of last week, launching an initial

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Anglo American Platinum shines despite electricity challenges https://www.cnbcafrica.com/videos/2019/02/18/anglo-american-platinum-shines-despite-electricity-challenges/ https://www.cnbcafrica.com/videos/2019/02/18/anglo-american-platinum-shines-despite-electricity-challenges/#disqus_thread Mon, 18 Feb 2019 13:49:39 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/anglo-american-platinum-shines-despite-electricity-challenges/ Anglo American Platinum released its year end results revealing a 95 per cent increase in profits higher and a 4 per cent increases production. The platinum industry has been severely affected by the Eskom power cuts which cost the Platinum producer 14000 ounces of lost platinum production. Amplats CEO Chris Griffith spoke to CNBC Africa’s Kopano Gumbi.

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Zimbabwe: President Mnangagwa’s threats ‘deeply troubling’ https://www.cnbcafrica.com/apo/2019/02/18/zimbabwe-president-mnangagwas-threats-deeply-troubling/ https://www.cnbcafrica.com/apo/2019/02/18/zimbabwe-president-mnangagwas-threats-deeply-troubling/#disqus_thread Mon, 18 Feb 2019 13:49:11 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/zimbabwe-president-mnangagwas-threats-deeply-troubling/ Amnesty International
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In response to President Emmerson Mnangagwa’s statement that the government will deal with those suspected to be behind the national ‘stay-away’ protests, including

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Lebogang Maile on Eskom crisis, tackling unemployment https://www.cnbcafrica.com/videos/2019/02/18/lebogang-maile-on-eskom-crisis-tackling-unemployment/ https://www.cnbcafrica.com/videos/2019/02/18/lebogang-maile-on-eskom-crisis-tackling-unemployment/#disqus_thread Mon, 18 Feb 2019 13:41:37 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/lebogang-maile-on-eskom-crisis-tackling-unemployment/ Gauteng Premier, David Makhura, delivered his last the State of the Province Address at the Alberton Civic Centre on Monday 18 of February. He gave a detailed account of the achievements and challenges the Provincial Government recorded in the past five years. His address highlighted the Gauteng Government’s programme of action and service delivery priorities for the year ahead. CNBC Africa’s Lubabalo caught up with Lebogang Maile, MEC for Economic Development to hear what he thought of the David Makura’s address.

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Countries urged to ratify labour conventions https://www.cnbcafrica.com/apo/2019/02/18/countries-urged-to-ratify-labour-conventions/ https://www.cnbcafrica.com/apo/2019/02/18/countries-urged-to-ratify-labour-conventions/#disqus_thread Mon, 18 Feb 2019 13:40:15 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/countries-urged-to-ratify-labour-conventions/ International Labour Organisation (ILO)
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Since its founding in 1919, ILO international labour standards have improved the working lives of millions of people. From eliminating forced and child labour to en

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https://www.cnbcafrica.com/apo/2019/02/18/countries-urged-to-ratify-labour-conventions/feed/ 0 International Labour Organisation (ILO)
Warren Buffett: This is your 1 greatest measure of success in life (and if you don’t have it, ‘your life is a disaster’) https://www.cnbcafrica.com/news/special-report/2019/02/18/warren-buffett-this-is-your-1-greatest-measure-of-success-in-life-and-if-you-dont-have-it-your-life-is-a-disaster/ https://www.cnbcafrica.com/news/special-report/2019/02/18/warren-buffett-this-is-your-1-greatest-measure-of-success-in-life-and-if-you-dont-have-it-your-life-is-a-disaster/#disqus_thread Mon, 18 Feb 2019 13:39:56 +0000 https://www.cnbcafrica.com/?p=328457 How can we follow Buffett's principle of success in a way where we can truly leave behind a legacy? Here are a few ways to do it...

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Gwendoline Ramokgopa on the impact of Eskom’s crisis on healthcare https://www.cnbcafrica.com/videos/2019/02/18/gwendoline-ramokgopa-on-the-impact-of-eskoms-crisis-on-healthcare/ https://www.cnbcafrica.com/videos/2019/02/18/gwendoline-ramokgopa-on-the-impact-of-eskoms-crisis-on-healthcare/#disqus_thread Mon, 18 Feb 2019 13:35:06 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/gwendoline-ramokgopa-on-the-impact-of-eskoms-crisis-on-healthcare/ Gauteng Premier, David Makhura, delivered his last the State of the Province Address at the Alberton Civic Centre on Monday 18 of February. He gave a detailed account of the achievements and challenges the Provincial Government recorded in the past five years. His address highlighted the Gauteng Government’s programme of action and service delivery priorities for the year ahead. CNBC Africa’s Lubabalo caught up with Dr Gwendoline Ramokgopa, MEC for Health to hear what she thought of the David Makura’s address.

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Procter & Gamble announces newest commitment to gender equality across the Indian subcontinent, Middle East and Africa region at the #WeSeeEqual Summit https://www.cnbcafrica.com/apo/2019/02/18/procter-gamble-announces-newest-commitment-to-gender-equality-across-the-indian-subcontinent-middle-east-and-africa-region-at-the-weseeequal-summit/ https://www.cnbcafrica.com/apo/2019/02/18/procter-gamble-announces-newest-commitment-to-gender-equality-across-the-indian-subcontinent-middle-east-and-africa-region-at-the-weseeequal-summit/#disqus_thread Mon, 18 Feb 2019 13:27:46 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/procter-gamble-announces-newest-commitment-to-gender-equality-across-the-indian-subcontinent-middle-east-and-africa-region-at-the-weseeequal-summit/ UN Women
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P&G and UN Women today held the #WeSeeEqual Summit in Mumbai, India.

Co-hosted with UN Women, P&G’s first IMEA #WeSeeEqual Summit brought together business and government l

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David Makhura delivers his last State of the Province Address https://www.cnbcafrica.com/videos/2019/02/18/david-makhura-delivers-his-last-state-of-the-province-address/ https://www.cnbcafrica.com/videos/2019/02/18/david-makhura-delivers-his-last-state-of-the-province-address/#disqus_thread Mon, 18 Feb 2019 13:07:19 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/david-makhura-delivers-his-last-state-of-the-province-address/ Gauteng Premier, David Makhura, delivered his last the State of the Province Address at the Alberton Civic Centre today. He gave a detailed account of the achievements and challenges the Provincial Government recorded in the past five years. One of the key achievements is that of township entrepreneurial developments.

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ECSA CEO Sicelo Xulu on how to fix Eskom https://www.cnbcafrica.com/videos/2019/02/18/ecsa-ceo-sicelo-xulu-on-how-to-fix-eskom/ https://www.cnbcafrica.com/videos/2019/02/18/ecsa-ceo-sicelo-xulu-on-how-to-fix-eskom/#disqus_thread Mon, 18 Feb 2019 13:01:28 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/ecsa-ceo-sicelo-xulu-on-how-to-fix-eskom/ Sicelo Xulu, CEO of the South Africa Institute of Electrical Engineers joins CNBC Africa to talk about the Eskom crisis.

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SA ratifies African Continental Free Trade Agreement https://www.cnbcafrica.com/videos/2019/02/18/sa-ratifies-african-continental-free-trade-agreement/ https://www.cnbcafrica.com/videos/2019/02/18/sa-ratifies-african-continental-free-trade-agreement/#disqus_thread Mon, 18 Feb 2019 12:52:50 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/sa-ratifies-african-continental-free-trade-agreement/ South Africa officially ratified the African Continental Free Trade Agreement. CNBC Africa’s Kopano Gumbi, spoke to the minister of Trade and Industry, Rob Davies to get a better understanding of what this will mean for the continent.

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Nigerian equities reverse gains after election postponement https://www.cnbcafrica.com/videos/2019/02/18/nigerian-equities-reverse-gains-after-election-postponement/ https://www.cnbcafrica.com/videos/2019/02/18/nigerian-equities-reverse-gains-after-election-postponement/#disqus_thread Mon, 18 Feb 2019 12:38:16 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/nigerian-equities-reverse-gains-after-election-postponement/ Nigeria’s equities market has reversed gains from last week. Traders say it is the market’s reaction to the postponement of the Nigerian general election. Ifedayo Olowoporoku, Analyst at Vetiva joins CNBC Africa to discuss this.
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Nigeria business reacts to postponement of elections https://www.cnbcafrica.com/videos/2019/02/18/nigeria-business-reacts-to-postponement-of-elections/ https://www.cnbcafrica.com/videos/2019/02/18/nigeria-business-reacts-to-postponement-of-elections/#disqus_thread Mon, 18 Feb 2019 12:32:31 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/nigeria-business-reacts-to-postponement-of-elections/ INEC's decision to reschedule Nigeria’s elections has been received with mixed reactions, with many pointing its impact on businesses and the economy. Joining CNBC Africa to discuss this is Muda Yusuf, Director General, Lagos Chamber of Commerce and Industry and Onyekachi Adekoya, Managing Director, PR24.

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Construction of Ellen DeGeneres gorilla centre in Rwanda kicks off https://www.cnbcafrica.com/videos/2019/02/18/construction-of-ellen-degeneres-gorilla-centre-in-rwanda-kicks-off/ https://www.cnbcafrica.com/videos/2019/02/18/construction-of-ellen-degeneres-gorilla-centre-in-rwanda-kicks-off/#disqus_thread Mon, 18 Feb 2019 12:30:06 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/construction-of-ellen-degeneres-gorilla-centre-in-rwanda-kicks-off/ The construction for the long awaited for Ellen DeGeneres’ Campus of the Dian Fossey Gorilla Fund is set to begin this week. The facility will help Ellen carry on Dian’s legacy by giving the centre a permanent home in Rwanda, as well as continue to protect the critically endangered mountain gorillas in the Virunga Mountains. For more CNBC Africa is joined by Tara Stoinski, President, CEO& Chief Scientific Officer of the Dian Fossey Gorilla Fund.

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Africa: The Gambia’s National Day https://www.cnbcafrica.com/apo/2019/02/18/africa-the-gambias-national-day/ https://www.cnbcafrica.com/apo/2019/02/18/africa-the-gambias-national-day/#disqus_thread Mon, 18 Feb 2019 12:24:15 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/africa-the-gambias-national-day/ U.S. Department of State
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By Secretary of State Michael R. Pompeo, Secretary of State, Washington, DC

On behalf of the United States, I congratulate the people of The Gambia as you celebra

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NGOs react to Nigeria’s election postponement https://www.cnbcafrica.com/videos/2019/02/18/ngos-react-to-nigerias-election-postponement/ https://www.cnbcafrica.com/videos/2019/02/18/ngos-react-to-nigerias-election-postponement/#disqus_thread Mon, 18 Feb 2019 12:20:06 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/ngos-react-to-nigerias-election-postponement/ After the postponement of Nigeria's elections; CNBC Africa's Christy Cole spoke to Ada Onyesoh, President of Women’s International League for Peace and Freedom to discuss the impact of the decision.

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Speech by Shri R. Masakui, Ambassador of India to the Republic of Zimbabwe on the 70th Republic Day of India celebration https://www.cnbcafrica.com/apo/2019/02/18/speech-by-shri-r-masakui-ambassador-of-india-to-the-republic-of-zimbabwe-on-the-70th-republic-day-of-india-celebration/ https://www.cnbcafrica.com/apo/2019/02/18/speech-by-shri-r-masakui-ambassador-of-india-to-the-republic-of-zimbabwe-on-the-70th-republic-day-of-india-celebration/#disqus_thread Mon, 18 Feb 2019 12:16:03 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/speech-by-shri-r-masakui-ambassador-of-india-to-the-republic-of-zimbabwe-on-the-70th-republic-day-of-india-celebration/ The Embassy of India, Harare, Zimbabwe
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By Shri R. Masakui, Ambassador of India to the Republic of Zimbabwe

Guest of HonourAmb.A.Mageza, Director for Africa & Asia Pacific
Mayor of c

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The Gambia’s National Day (Statement by Michael R. Pompeo) https://www.cnbcafrica.com/apo/2019/02/18/the-gambias-national-day-statement-by-michael-r-pompeo/ https://www.cnbcafrica.com/apo/2019/02/18/the-gambias-national-day-statement-by-michael-r-pompeo/#disqus_thread Mon, 18 Feb 2019 11:55:59 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/the-gambias-national-day-statement-by-michael-r-pompeo/ U.S. Department of State
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Press Statement by Michael R. Pompeo

On behalf of the United States, I congratulate the people of The Gambia as you celebrate the 54th anniversary of your indepen

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Norway’s Prime Minister, H. E. Erna Solberg, at the African Union (AU) Summit in Addis Ababa 9-10 February 2019 https://www.cnbcafrica.com/apo/2019/02/18/norways-prime-minister-h-e-erna-solberg-at-the-african-union-au-summit-in-addis-ababa-9-10-february-2019/ https://www.cnbcafrica.com/apo/2019/02/18/norways-prime-minister-h-e-erna-solberg-at-the-african-union-au-summit-in-addis-ababa-9-10-february-2019/#disqus_thread Mon, 18 Feb 2019 11:26:32 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/norways-prime-minister-h-e-erna-solberg-at-the-african-union-au-summit-in-addis-ababa-9-10-february-2019/ Royal Norwegian Embassy in Lilongwe

Norway is a close partner to the AU, recently illustrated by the establishment of a new Permanent Mission of Norway to the AU.

On 9-10 February, Norway’s Prime Minister, H.E. Erna Solberg, visited Addis Ababa where the annual AU Summit took place. Norway is a close partner to the AU, recently illustrated by the estab

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UAE leaders condole Egypt’s president over victims of Sinai terror attack https://www.cnbcafrica.com/apo/2019/02/18/uae-leaders-condole-egypts-president-over-victims-of-sinai-terror-attack/ https://www.cnbcafrica.com/apo/2019/02/18/uae-leaders-condole-egypts-president-over-victims-of-sinai-terror-attack/#disqus_thread Mon, 18 Feb 2019 11:22:36 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/uae-leaders-condole-egypts-president-over-victims-of-sinai-terror-attack/ United Arab Emirates Ministry of Foreign Affairs & International Coperation
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President His Highness Sheikh Khalifa bin Zayed Al Nahyan, has sent a cable of condolences to President Abdel Fattah el-Sisi of

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Impact of Nigeria’s postponed elections on economy https://www.cnbcafrica.com/videos/2019/02/18/impact-of-nigerias-postponed-elections-on-economy/ https://www.cnbcafrica.com/videos/2019/02/18/impact-of-nigerias-postponed-elections-on-economy/#disqus_thread Mon, 18 Feb 2019 11:00:47 +0000 https://www.cnbcafrica.com/uncategorized/2019/02/18/impact-of-nigerias-postponed-elections-on-economy/ Nigeria's Independent National Electoral Commission on Saturday announced the rescheduling of Nigeria’s general election to 23rd of February and 9th of March 2019. Joining CNBC Africa to discuss the ripple effect of this postponement are Femi Oladehin, Partner, Investment banking at Argentil Capital Partners and Olusola Teniola, President of the Association of Telecommunications Companies of Nigeria.

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