Tag: covid-19

UK suffers biggest job losses since 2009 as COVID hits

The unemployment rate unexpectedly held at 3.9% but that reflected an increase in people who had given up looking for work and who were therefore not considered to be unemployed, and people who said they were in work but were getting no pay.

COMMENT: How Africa should used data and digital to protect itself.

Health is an investment in a nation’s wellbeing and a vehicle for national value creation. Healthy girls and boys go to school, healthy women and men contribute to society, live longer and lead more productive lives. Healthy people are able to save financially, vaccinate their children and do not place added strain on a country’s health infrastructure. There is a direct benefit to investment in healthcare and unlocking economic growth. If only it was that simple.

Jerusalema hitmaker Master KG signs exclusive deal with Elektra France

From Limpopo to the international stage – that is the story of musician and record producer Kgaogelo Moagi, popularly known as Master KG.

Ecobank CEO on how COVID-19 has impacted the company’s first half earnings

Ecobank reported an 18 per cent decline in its profit-after-tax to 48.5 billion naira for the first half of the year. As the stock market prices in the result, the bank’s Group CEO, Ade Ayeyemi joins CNBC Africa for more.

Aella Credit CEO on how to drive credit for health care insurance in Nigeria

The Chairman of Nigerian's Senate Committee on Health, Ibrahim Oloriegbe says the Health Insurance Authority Bill has passed its third reading at the Senate and is currently before the House of Reps for consideration.

Old Mutual, PPC & SeedCo remain suspended on the ZSE

Trading resumed on the Zimbabwean Stock Exchange this week after a month of being shut down. The Zimbabwean government suspended the stock exchange and mobile money payments in a bid to clamp down on alleged illegal activities. Although the bourse is operational, three stocks remain suspended, Old Mutual, PPC and SeedCo. Batanai Matsika, Head of Research at Morgan & Co spoke to CNBC Africa for more.

Ethiopia earns over $60mn from electricity exports

Ethiopia’s electricity export ambitions continue to garner momentum as the country collected $66.4 million from the electricity it exported to neighbouring Sudan and Djibouti in the Ethiopian fiscal year that ended on July 7. What does this mean for the development of the Grand Ethiopian Renaissance Dam in the country? Zemedeh Negatu, Global Chairman Fairfax Africa Fund joins CNBC Africa for more.

Francois Kanimba on the effectiveness of ECCAS reforms

In December 2019, members of the Economic Community of Central African States, (ECCAS) agreed to reforms expected to make the institution more efficient and strengthen coordination among its 11 member states. Will these reforms bring the much needed change to the bloc? CNBC Africa spoke to Francois Kanimba, Commissioner at ECCAS for more.
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