Hundreds of millions of dollars of the loans the bankers helped arrange went missing. The scandal prompted donors including the International Monetary Fund to cut off support to Mozambique, triggering a currency collapse and debt default.

In spring 2020, four U.S. senators faced accusations of using insider knowledge about the coronavirus crisis to sell off hundreds of thousands of dollars in stock. A couple of months later, the investigations into senators Kelly Loeffler (R-GA), Dianna Feinstein (D-CA), and James Inhofe (R-OK) were closed. Sen. Richard Burr (R-NC) stepped down as chairman of the Senate Intelligence Committee amid the allegations. Congressional insider trading has long been a hot button issue, and lawmakers continue to look for a way to put an end to the practice. In 2012, the STOCK (Stop Trading on Congressional Knowledge) Act was passed following allegations of insider trading before the 2008 financial crisis. However, experts say the law didn’t go far enough. Watch the video to find out how prevalent insider trading is in Congress and what’s being done, and what’s not being done, to stop it. » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twit...

From lockdowns and curfews to testing and quarantines, each member state of the East African Community has employed its own ways to deal with the COVID-19 pandemic. Now as the region undertakes revival of tourism, experts believe harmonizing travel protocols would be vital. Fred Odek, outgoing Chairperson of the East Africa Tourism Platform joins CNBC Africa for more.

It has been noted that building digital skills for the future is a key component in economic and social development.

Europe has seen a significant increase in COVID-19 cases in recent weeks, with a second wave of COVID-19 threatening economies – economies that have already been battered by the pandemic. One of the concerns is South Africa’s preparation for the surge in cases in Europe. The markets are also looking at the looming U.S. Presidential election, and performance of emerging markets in the fourth quarter. Jameel Ahmad, Director of Investment Strategy at NAGA joins CNBC Africa for more.

Investment firm Long4Life has reported a 75.5 per cent drop in interim profit, following a significant disruption on all group businesses, due to COVID-19. Long4Life - which owns Sportsmans Warehouse and Sorbet - has reported that trading profit for the six-months ended August declined to R49.1 million. Group revenue fell by 22.6 per cent to R1.4 billion. Long4Life CEO, Brian Joffe joins CNBC Africa for more.

Tensions in Nigeria are escalating, as citizens call for an end to Police brutality. About two weeks ago unrest erupted, with Nigerians voicing out their anger over abuses by the Special Anti-Robbery Squad. Thousands have taken to the streets, with peaceful protesters being shot and killed. Amnesty International has blamed security forces. A curfew has also been imposed in the capital Lagos. CNBC Africa’s Kenneth Igbomor and Onyekachi Adekoya, Managing Director at PR24 Nigeria share more insight.

Non-Tariff Barriers are among the main obstacles to intra-African trade. A report by the United Nations Conference on Trade and Development (UNCTAD) shows that African countries could gain USD20BN each year by tackling these barriers at the continental level. CNBC Africa spoke to the Economic Affairs Officer at UNCTAD, Giovanni Valensisi, for more on trade barriers in Africa.

Standard Chartered Kenya has reported a decline in the bank’s half year earnings while at the same time taking an interesting route of increasing its loan provisions. CNBC Africa’s Arnold Kwizera caught up with the bank’s CEO Kariuki Ngari for more.

COVID-19 has accelerated the need for sustainable finance, with economies aiming to build back better. To fast track its impact offering, Sanlam has partnered with Robeco – an international asset manager and pioneer in sustainable investing. Nersan Naidoo, CEO of Sanlam Investments joins CNBC Africa for more.