The fallout of the recent protests in Nigeria has spiralled into the looting of government-run food warehouses. So how does the impact the outlook for soft commodities? Ayodeji Balogun, CEO of AFEX Commodities Exchange joins CNBC Africa for more.
In Uganda, an all-female taxi-hailing company has penetrated the market with the aim of creating employment for women who were hardest hit by the COVID-19 pandemic. Gillian Kobusingye, Founder of Diva Taxi joins CNBC Africa for more.
Mauritian company RHT Holding and Uganda’s Tondeka Metro Company have signed an agreement to bring state-of-the-art technology and fleet management support that is expected to transform public transport in Kampala over the next three years. Dr. Sidharth Sharma, CEO of RHT Holding Group joins CNBC Africa for more on enhancing mobility on the continent.
Three years after launching, South African stock exchange A2X now has 37 securities listed. The alternative stock exchange has five of the country’s top six brokers trading on the exchange, and a combined market cap of over R2.1 trillion. Joining CNBC Africa to unpack the journey and latest developments is Kevin Brady, CEO of A2X.
The IDC and its financing subsidiaries recorded a loss of R3 billion for the year ended March, compared to a profit of R226 million in the previous financial year. A large contributor was a drop in the value of the IDC’s listed share portfolio. Sasol alone set the IDC back R22 billion, as the share price plummeted due to the Lake Charles Project challenges and the oil price war. Joining us to review those numbers is Tshokolo Nchocho, CEO of the Industrial Development Corporation.
Nigerian mobility platform MAX.ng issued a 400 million naira one-year fixed rate series-one bond under its newly structured 10billion naira Private Company Bond program. Guy-Bertrand Njoya, Chief Financial Officer at Max.ng joins CNBC Africa for more.
The early birds have already cast over 60 million votes as the race between Vice President Joe Biden and President Donald Trump gears up.