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<p>Growthpoint Properties expects flat growth in distributions next year as weak economic growth continues to impact its tenants in South Africa. The property group is more optimistic about its international operations.</p>


How Growthpoint could cash in on Brexit chaos

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<p>Last night&#8217;s Brexit vote, resulting in Britain&#8217;s Prime Minister Theresa May suffering a second defeat in parliament was the most important since the 2016 referendum on the European Union. Scottish-South African investment analyst Chris Gilmour joins CNBC Africa for more.</p>


Theresa May’s Brexit deal defeated in UK parliament, where to next?

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<p>Members of Parliament of the United Kingdom will vote on Theresa May&#8217;s Brexit deal later today after she secured some legally binding changes to the deal following last-ditch talks with the European Union in Strasbourg. But will the deadlock finally be broken this week? And are there any implications of the deal for Nigeria? Adim Okwesa, Associate Analyst at FDC joins CNBC Africa for this discussion.</p>


British MPs to vote on May’s Brexit deal today

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<p>Last night saw the usual chaos in Britain’s parliament as MP members voted for a no-deal Brexit. Joining CNBC Africa to talk about the future of South Africa post Brexit is William Attwell the practice leader of sub-Saharan Africa at Frontier Strategy Group.</p>


How should SA engage Britain post-Brexit?

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<p>Following last night’s vote by UK MPs to back the Brady alternative which seeks to renegotiate the Irish backstop while the European Union refuses to renegotiate any aspect of Brexit- is it back to square one for the hardline Brexiteers? Niel Wilson, Chief Market Analyst at Markets.Com joins CNBC Africa for more.</p>


UK MPs back Theresa May to renegotiate Brexit deal

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<p>Theresa May’s Brexit deal was rejected by parliament last night in an Inglorious defeat.  The House of Commons results were 432 votes to 202 against May’s proposal. Opposition leader Jeremy Corbyn has responded by proposing a vote of no confidence for May which will take place later this evening. If May is voted out there will be 14 days for a new government to be formed or a general election will need to be held. Deon Gouws, Chief Investment Officer at Credo Wealth joins CNBC Africa to track market reaction.</p>


Global markets react to Theresa May’s Brexit defeat

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<p>British Prime Minister Theresa May is attending a meeting with European Union leaders to discuss rescuing her Brexit deal. Mrs May is hoping to give the UK parliament a vote on whether to enter the backstop or remain in it. Deon Gouws, Chief Investment Officer at Credo Wealth joins CNBC Africa to give us insight on the matter.</p>


Brexit: Theresa May meeting EU leaders to salvage deal

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<p>The pound has dropped to its lowest with Teressa May expected to pull Brexit vote. This has opened up some uncertainty for investors. Neil Wilson, Chief Market Analyst at Markets.com joins CNBC Africa for more.</p>


Pound hits 20-month low after Brexit vote delayed

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<p>Bank of England Governor Mark Carney recently warned that house prices could be 35 per cent lower than would otherwise be the case three years after a disruptive “no-deal Brexit<br />
 triggering panic in the UK property market. Two years from the historic Brexit vote, how&#8217;s the market fairing today? Daniel Levene, Head of Market Analysis at Congress joins CNBC Africa for more.</p>


Brexit uncertainty weighs down UK house prices

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<p>While listed property on the JSE had one of its worst years, falling almost 30 per cent, investors who invest in German business Sirius Real Estate may experience a different story should there be an influx of British companies into Germany post Brexit. Andrew Coombs, Chief Executive Officer of Sirius Real Estate discusses this and how if you invested in the company when it debut on the JSE four years ago you would have almost doubled you money.</p>


How Brexit could benefit this JSE-listed property company

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<p>The events in the UK and the news that a draft Brexit deal could be signed have the global market arena anxious. Tom Bland, Head of Johannesburg at IP Global joins CNBC Africa with promising insights in the property sector amidst the Brexit controversy.</p>


How international property investors are affected by Brexit developments

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<p>While South Africa is on a major drive to pull in investment in the country some sectors of the financial industry hold a high view of the benefits of boutique asset management. Joining CNBC Africa to unpack this point of view versus large firm asset management is Anchor Capital CEO, Peter Armitage.</p>


Peter Armitage: Why Brexit is a great investment opportunity

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<p>The besieged British Prime Minister Theresa May spent most of the day being savaged in Parliament in London by the opposition as her Brexit plans move slowly though a cloud of controversy.  May promises The United Kingdom will withdraw completely from the single market, European courts and common agriculture policy by the end of March in line with the desire for Brexit shown by the majority of British people in the 2016 referendum.</p>


Theresa May’s plan in jeopardy as Brexit secretary resigns

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<p>The UK residential property market is ripe with opportunities for local investors wanting to diversify their portfolio. That’s despite the economic uncertainty around Brexit and the future of the UK outside of the Eurozone trading block. That is according to Johnny Conran, Director of Seven Capital Investments. CNBC Africa&#8217;s Fifi Peters caught up with him at the Global Investment Conference taking place in Sandton this week.</p>


UK residential property market ripe for investment, says Seven Capital’s Johnny Conran

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<p>On Friday FirstRand announced that approximately 99.97 per cent of Aldermore Group shareholders voted in favour of FirstRand’s offer to acquire the British bank.</p>


What a hard Brexit would mean for FirstRand’s UK deal with Aldermore

<p><strong><em><span class="fn author-name">George Ogola |</span> University of Central Lancashire</em></strong></p>
<p>The recent Kenyan elections firmly demonstrated the incursion and perhaps even gradual institutionalisation of fake news as an actor in modern politics, particularly during elections. Although the term fake news is now so liberally used to the extent it eludes precise definition, many agree it’s the deliberate dissemination of false informationexpressly intended to misinform.</p>
<p>The presidential election, which pitted the incumbent Uhuru Kenyatta against his political nemesis, opposition leader Raila Odinga, was fiercely fought on many fronts. One of these fronts, arguably the most significant, was the unprecedented investment in political messaging.</p>
<p>Kenyatta’s Jubilee Party and Odinga’s National Super Alliance (NASA) invested heavily in media and public relations consultants, communication experts and political advertising. The Jubilee Party even enlisted the services of  Cambridge Analytica, the data mining and analysis company credited with playing an influential role in the election of US President Donald Trump. The company also had a hand in the UK’s Brexit campaign.</p>
<p>Added to this heady mix was clandestine messaging through fake newson social media sites such as Twitter, Facebook, Instagram and WhatsApp. Numerous fake news stories were widely circulated on social media as unsubstantiated allegations were posted against both parties, some even through paid adverts on Google.</p>
<p>This was a step up from previous elections where politicians would pay backstreet newspaper publishers to tarnish the names of their opponents. Kenya has always had publishers for hire, a particularly thriving industry at election time. These publishers quite often have no known addresses, are defined by their impermanence and therefore impossible to sue even when one is legitimately aggrieved by their publications.</p>
<p>In 2017 the mudslinging migrated online and become much more nuanced and sophisticated. Stories that featured fake opinion polls and others that directly attacked the characters of both Kenyatta and Odinga were widely circulated online and in print. Some of these were slickly produced videos that were passed off as originating from CNN and the BBC.</p>
<p>In one fake CNN video Kenyatta’s popularity rating was shown to be well ahead of Odinga’s. Another fake video, this time purportedly an outtake from the BBC’s <em>Focus on Africa</em>  programme, also featured an opinion poll showing Kenyatta beating Odinga.</p>
<p>And fake newspapers bearing the plagiarised mastheads of widely circulating dailies including the Daily Nation and The Star were sold to unsuspecting readers.</p>
<p>This proliferation of fake news in Kenya can be explained on two grounds. The first relates to the history of the country’s media, and the second to the increasing importance of online platforms in shaping the African news agenda.</p>
<h2>The Kenyan media</h2>
<p>The Kenyan media has become a prisoner of its history. It remains shackled to the consequences of its role in the country’s 2007 disputed presidential elections. A section of the press were accused of actively promoting the violence that engulfed the country in the aftermath of the polls. At least 1,000 people died and more than 500,000 thousand were displaced.</p>
<p>This legacy has turned the media into a bystander in the political process, especially at election time. In 2013 it hardly raised any objections to electoral malpractices that led to the disputed presidential election. Instead, media houses promoted “peace” to preempt a repeat of the 2007-2008 post-election violence.</p>
<p>It was a decision that was supported financially by a number of local and international agencies who spent months training the local press in “peace journalism”. This peace narrative has now became normalised in election coverage in the country. The consequence has been the creation of an information vacuum which has now been filled by fake news.</p>
<h2>Rise of social media</h2>
<p>The circulation of fake news also seems to have benefited from the changing profile of the Kenyan voter. Nearly half of about 20 million registered voters in Kenya are aged between 18 and 35. A significant number source their news from social media where fake news circulates the most.</p>
<p>According to a recent consumer survey only 28% of young Kenyans read newspapers regularly. Social media is slowly but surely becoming their platform of choice for news.</p>
<p>And the audience for fake news is growing given that two out of three young Kenyans now either own a mobile device or have access to one, and Internet connectivity costs go down annually.</p>
<p>This election revealed the fact that fake news has not only become commonplace, it’s become mainstream and is evolving into a distinct news genre.</p>
<p>Fake news thrives on the modern news consumer’s insatiable appetite for speedy information. We are living in a news ecosystem where urgency trumps the core values of journalism such as accuracy, fact checking and objectivity.</p>
<p>Traditional news media, with brands built on the back of their ability to fact check or investigate stories before publication, are struggling to do so when they are simultaneously expected to publish with speed. While gate keeping is key to ensure that news outlets remain trustworthy, the speed at which audiences now expect information has seen media houses haemorrhage audiences.</p>
<p>That lag in providing speedy information has created a vacuum which fake news producers are exploiting. They don’t have brands or reputations to protect. Fake news is positively sustained by an online economy which prioritises sensationalism over quality. Sensational ‘news’ very quickly goes viral and this is its most effective weapon.</p>
<p>Fake news is slowly intruding on virtually every aspect of life. We must first understand its appeal and then make every effort to counter it. This is especially the case because it is now a genre sustained by a much larger social, economic and political infrastructure that the news media alone is incapable of dealing with.</p>
<p>&nbsp;</p>
<p><em>This article was first published on The Conversation.</em></p>


How social media and fake news are battering traditional media in Kenya

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<p>Brexit and the administration of President Donald Trump are perhaps the two major global events that have had an upper hand in shaping markets in the last year.</p>


Brexit

How Growthpoint could cash in on Brexit chaos

Theresa May’s Brexit deal defeated in UK parliament, where to next?

British MPs to vote on May’s Brexit deal today

How should SA engage Britain post-Brexit?

UK MPs back Theresa May to renegotiate Brexit deal

Global markets react to Theresa May’s Brexit defeat

Brexit: Theresa May meeting EU leaders to salvage deal

Pound hits 20-month low after Brexit vote delayed

Brexit uncertainty weighs down UK house prices

How Brexit could benefit this JSE-listed property company

How international property investors are affected by Brexit developments

Peter Armitage: Why Brexit is a great investment opportunity

Theresa May’s plan in jeopardy as Brexit secretary resigns

UK residential property market ripe for investment, says Seven Capital’s Johnny Conran

What a hard Brexit would mean for FirstRand’s UK deal with Aldermore

How social media and fake news are battering traditional media in Kenya

Global risk landscape: Understanding the impact on East Africa

News Tips

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Brexit

How Growthpoint could cash in on Brexit chaos

Theresa May’s Brexit deal defeated in UK parliament, where to next?

British MPs to vote on May’s Brexit deal today

How should SA engage Britain post-Brexit?

UK MPs back Theresa May to renegotiate Brexit deal

Global markets react to Theresa May’s Brexit defeat

Brexit: Theresa May meeting EU leaders to salvage deal

Pound hits 20-month low after Brexit vote delayed

Brexit uncertainty weighs down UK house prices

How Brexit could benefit this JSE-listed property company

How international property investors are affected by Brexit developments

Peter Armitage: Why Brexit is a great investment opportunity

Theresa May’s plan in jeopardy as Brexit secretary resigns

UK residential property market ripe for investment, says Seven Capital’s Johnny Conran

What a hard Brexit would mean for FirstRand’s UK deal with Aldermore

How social media and fake news are battering traditional media in Kenya

Global risk landscape: Understanding the impact on East Africa

News Tips

Advertise With Us

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