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Mozambique to seek extradition of ex-Credit Suisse bankers involved in $2 billion debt scandal

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.

Insider Trading And Congress: How Lawmakers Get Rich From The Stock Market

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...

Why harmonization of travel protocols is key to reviving tourism in East Africa

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.

How Rwanda is leveraging tech to empower its teachers

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

How SA can prepare for a second COVID-19 wave in Europe

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.

Long4Life CEO: Here’s where we see expansion opportunities

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.

#ENDSARS: Unrest escalates in Nigeria

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.

UNCTAD on how to tackle trade barriers in Africa

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.

Tough conditions impact StanChart Kenya’s half-year results

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.

Sanlam Investments partners with Robeco to drive sustainable investing

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.

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Why Quibi Shut Down After Only Six Months: CNBC After Hours

CNBC.com's MacKenzie Sigalos brings you the day's top business news headlines. On today's show, the CNBC.com After Hours team explains why short-form video company Quibi shut down after only six months. And we speak with Piper Sandler analyst Nicole Miller Regan on how Wingstop became one of the hottest restaurant stocks of 2020. » 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 Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC #CNBC...

WATCH LIVE: President Trump and former VP Joe Biden face off in final presidential debate — 10/22/20

President Donald Trump and former Vice President Joe Biden participate in the final debate on Thursday at 9 p.m. ET in Nashville. It will be moderated by NBC News’ Kristen Welker. It will run 90 minutes in length, with 15 minutes allotted for each of six topics. Trump and Biden will at times have their microphones cut during their next debate, the event’s sponsors announced Monday. When one of the two candidates is given a chance to provide a two-minute answer to each of the six debate topics, his opponent’s microphone will be muted, the Commission on Presidential Debates said in a statement. » 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 Twitter: https://cnb.cx/FollowCNBC Follow CNBC News on Instagram: https://cnb.cx/InstagramCNBC Subscribe to CNBC PRO: https://cnb.cx/2NLi9AN #CNBC WATCH LIVE: President Trump and former VP Joe Biden face off in the final presidential debate — 10/22/2020...

Gautrain: How Gauteng plans to develop Smart Mobility & Smart Cities

October is Transport Month and the theme for this webinar is Smart Mobility and Smart Cities. The panellists explore innovative transport solutions that will lead to benefits on various levels - from social and economic to environmental and spatial development. The discussion is moderated by CNBC Africa’s Fifi Peters....

WEF: How the rise of machines & AI will shape future of work

COVID-19 has accelerated the need for digitisation in the workspace – bringing both challenges and opportunities. In its latest future of work report, the World Economic Forum expects advances in artificial intelligence to eliminate 85 million jobs by 2025. In the same breath, the rise of machines is projected to create 97 million new jobs, leading to an overall addition of 12 million jobs. CNBC Africa spoke to Saadia Zahidi, Manging Director of the World Economic Forum for more.

Clicks reports solid FY earnings, outlines plans to increase online presence

Clicks reported a jump in full year earnings, declaring a final dividend of 450 cents per share. The company was deemed an essential service during lockdown, with its stores stayed open. With the intention to use its reach and distribution network, Clicks announced that it wants to sell a Covid-19 vaccine once it becomes available. Clicks CEO, Vikesh Ramsunder joins CNBC Africa for more.

#ENDSARS: Nobel Laureate Wole Soyinka on how to address the unrest in Nigeria

On Tuesday violence erupted in Lagos, Nigeria. Some military personnel fired at youths protesting over police brutality and deep-rooted social injustices. CNBC Africa’s Kenneth Igbomor spoke to Nobel Laureate Wole Soyinka about the situation.

UTA President on responding to challenges & opportunities in Uganda’s tourism sector

Tourism is Uganda’s highest foreign exchange earner but low budget allocation to the sector is among issues affecting its growth. For more on the challenges as well as investment opportunities in the sector, CNBC Africa spoke to Pearl Kakooza, President of Uganda Tourism Association. She starts by explaining interventions made to help the sector recover from the effects COVID-19.

Rwanda passes new policy on privatization

In Rwanda, the Cabinet recently approved a new Privatization Policy and Strategy to improve the privatization process of state-owned enterprises as well as respond to the challenges observed.