The number of Americans filing for unemployment insurance soared to 38.6 million this past week, even as some states and cities attempt to re-open their economies from Covid-19 lockdowns. Other hard-hit countries, like Spain and Germany, have a diffe
“I live by the principle of everything is connected, so if someone is in pain, I’m in pain, ultimately, over time,” Dorsey told former Democratic presidential hopeful and universal basic income advocate Andrew Yang on an episode of the “Yang Speaks” podcast published Thursday.
In the past couple of weeks since the total lock-down was lifted in Rwanda, we’ve seen the number of Covid-19 confirmed cases fluctuate, at some point even dropping down to zero. Some people have taken the falling numbers to mean progress in the fight against the virus, but now as the numbers begin to build again, the uncertainty has returned. So what does it all mean? And how should we be reacting? Epidemiologist, Enatha Mukantwali joins CNBC Africa for more.
A coalition deal has been formalised between Jubilee and the once-powerful Kenya African National Union (Kanu) – they notified the Registrar of Political Parties, Anne Nderitu, on May 4.
At a time of huge uncertainty in all areas of the economy, including the creative industries, many are trying to understand the on-going impact of COVID-19 on our sector. Pierra Ntayombya, CEO, Haute Baso joins CNBC Africa to outline what is being done to create support for the creative industry.
The auditor general annual report revealed that for the year ended June 2019, irregular expenditure increased to Rwf 8.6 billion from Rwf 5.6 billion the previous year. Auditor General, Obadiah Biraro joins CNBC Africa to unpack the report....
Traders say moderate activity is expected in Nigeria’s fixed income market next week as the focus will be on the Monetary Policy Committee meeting scheduled for Thursday. Nkem Azinge, Currency Trader at UBA joins CNBC Africa for more....
Nigeria’s Minister for Finance, Budget and National Planning, Zainab Ahmed says Nigeria's economy could shrink by as much as 8.9 per cent this year in a worst-case scenario without stimulus. Ahmed stated that the contraction could reach 4.4 per cent in a best-case scenario, without any fiscal measures. But with a stimulus, the contraction could be kept to just 0.59 per cent. Pabina Yinkere, Chief Investment Officer at Sigma Pensions joins CNBC Africa for more.
Nigeria’s annual inflation stood at 12.34 per cent in April, compared with 12.26 percent in March according to data by the National Bureau of Statistics. Femi Ogundimu, Fixed Income trader at Access Bank joins CNBC Africa to discuss this data and more....
The Nigeria Centre for Disease Control says 40,043 COVID-19 tests have been conducted so far. The national public health institute had earlier this month released a guideline for the Integration of Private Sector Laboratories as part of the National COVID-19 Response. Peter Imoesi, Fellow at Aberdeen University joins CNBC Africa to assess Nigeria's approach to testing.
As of the 24th of May, Africa had a total of 107,412 confirmed Covid-19 cases, with 42,626 recoveries and 3,246 deaths. CNBC Africa’s Kenneth Igbomor explores ways to protect Africa’s progress during the Covid-19 pandemic with Dr.Vera Songwe, United Nations Under-Secretary-General and Executive Secretary of the Economic Commission for Africa, Dr. John Nkengasong, Director of the Africa Centre for Disease Control & Prevention and Edwin Ikhuoria, Africa Executive Director of the One Campaign....
While big business has used its deep pockets to contribute towards Covid-19 related aid, musicians are using their voices. Artists from across the continent have teamed up to create a song to help governments drive important messaging around Covid-19 and to encourage citizens to play their part in limiting the spread of the virus. Two of the artists on the song, South African rapper Riky Rick and Zimbabwean born Sha Sha join CNBC Africa for more....
This time last year Africa was celebrating the milestone that free trade on the continent would soon be a reality. Prior to Covid-19, the free trade Africa deal was due to be implemented on the 1st of July. Africa Day this year is, however, less joyful as the continent grapples with the prospect of deep recession and in some parts, depression with the coronavirus health crisis fast muted into an economic and financial one. Joining CNBC Africa to discuss Africa’s prospects in 2020 is Alexander Forbes Chief Economist, Isaah Mhlanga and Head of Strategic Slients, Lesiba Mothata.
Americans love gift cards. The plastic cash substitute has been the most popular holiday item on shoppers’ lists for 13 years in a row, as of 2007. In 2019 alone, U.S. consumers spent close to $98 billion on gift cards from brands like Starbucks, A
Many parents are anxious about sending their kids back to school next week with the risk of Covid-19 infections in the classrooms quite high. Similarly, the risk of compromising the academic year by keeping kids at home until a treatment or cure is found is equally as high. Private school group Curro has launched an online schooling platform to help parents keep their kids educated and safe. Andries Greyling, CEO of Curro joins CNBC Africa for more.
Covid-19 disruptions to global supply chains have raised the alarm around food insecurity in Africa, with millions of people at risk of plunging further into poverty. To help the continent feed itself throughout the crisis streaming platform YouTube has partnered with the World Food Programme and UNICEF to raise funding. That’s as Africa works on a sustainable plan for food production, which includes reducing its reliance on food imports. Alex Okosi, Managing Director for Emerging Markets in Europe, the Middle East and Africa at YouTube joins CNBC Africa for more.
On this CNBC Africa special broadcast on Africa Day we hear from three influential and strident voices of the continent about how they feel Africa can come up with a unified and coordinated response to the pandemic – on both the private and public sector....
Nigerians are a global force bursting with potential and an enviable track record of success. But in a more complex and fast-paced world than ever before, many of us struggle to find the time or have the ability to fulfil their potential.