Tag: covid-19

Rwanda reopens meetings & conferences to revive COVID-19 hit hospitality sector

After months of lock-down, Rwanda Convention Bureau announced that the country will reopen meetings and conferences, as it tries to revive the tourism and hospitality sector. Janet Karemera, Deputy CEO of the Rwanda Convention Bureau joins CNBC Africa for more.

COVID-19: What the reopening of domestic flight operations means for Nigeria’s aviation industry

Domestic operations in Nigeria’s aviation industry will commence from Wednesday the 8th of July. Captain Dele Ore, a Retired Pilot and Chairman of the Board of Trustee of the Aviation Safety Round Table Initiative joins CNBC Africa for more.

World Bank: COVID-19 to push five million more Nigerians into poverty in 2020

The World Bank says the outbreak of the COVID-19 pandemic is expected to push five million more Nigerians into poverty this year as the pandemic is threatening the ability of Nigerian households to generate income to meet their basic consumption needs. Bismarck Rewane, CEO of Financial Derivatives joins me from Lagos for this conversation.

AfCFTA: Wamkele Mene on why the free trade deal is Africa’s COVID-19 stimulus plan

The African Continental Free Trade Area promises to be of the biggest economic stimuli for trade on the African continent. But like many projects, it has been hampered by the Covid-19 pandemic. The deal, which aims to boost intra-Africa trade, was launched over a year ago. Commerce was due to start this month; however, it will be implemented in January due to delays. Wamkele Mene, Secretary-General of the African Continental Free Trade Area spoke to CNBC Africa for more....

How will COVID-19 impact Nigerian banks’ half-year earnings?

This month marks a year since the Central Bank of Nigeria introduced the Loan-To-Deposit-Ratio policy. Nigeria's apex bank says banks total credit rose to 3.1 trillion naira on the performance of the LDR policy. Muyiwa Oni, Regional Head, Equity Research at Standard Bank Group joins CNBC Africa for more.

CSCS CEO on how the company is responding to the COVID-19 crisis

Shareholders of the Central Securities Clearing System approved dividend payments which translate to a 22.8 per cent year-on-year growth in returns to shareholders.

How will SA finmin Mboweni cut expenditure?

As the dust settles from South Africa’s emergency budget announcement, economist and ratings agencies have expressed their pessimism towards the finance minister Tito Mboweni’s ability to cut expenditure and deliver on his debt stabilisation plan. Joining CNBC Africa for this discussion are Mamello Matikinca-Ngwenya, Chief economist at FNB, Nicky Weimar, Chief Economist at Nedbank and Murtaza Moulvi, Head of Financial Markets at Standard Chartered Bank....

Olusegun Obasanjo on COVID-19 lessons for African economies & the AfCFTA

The operationalization of the African Continental Free Trade Area agreement was supposed to take place at the beginning of this month but just like many developments it has been set back by the COVID-19 pandemic. CNBC Africa spoke to former Nigerian President Olusegun Obasanjo on how AfCTA can get back on track.
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