Ahead of second quarter GDP numbers coming out tomorrow, we are heading over to the manufacturing sector. Train manufacturer Gibela is aiming to revitalise the South African rail sector. This is through developing local train manufacturing capability and up-skilling employees. Gibela CEO, Hector Danisa joins CNBC Africa for more.
Clicks is in hot water, after the retailer published a TRESemmé hair advert that was seen as racially offensive. It referred to black women’s hair as damaged, dry and dull; with white women’s hair described as was fine, flat and normal. Clicks has since removed the advert and apologized. In a bid to shut down trading at Clicks today, EFF members took to 37 stores to protest. Several stores have been damaged. Clicks CEO, Vikesh Ramsunder joins CNBC Africa for more.
Yesterday’s sitting of the much anticipated State of the Nation address did not disappoint on the drama but many are reviewing key points made by Cyril Ramphosa such as private power production, the plan to establish a state bank and the crisis of unemployment. Joining CNBC Africa to unpack the SONA address is Sanisha Packirisamy, Economist at Momentum Investments, Kwena Mabotja, Africa Director for SAP Next-Gen and a Mandela-Washington Fellow and Xolisa Nqodi, Managing Director of Shesha Tuks.
CNBC Africa's Karabo Letlhatlha caught up with outgoing Minister of Public Service and Administration Ayanda Dlodlo at the inauguration that was held on Saturday, Dlodlo was tasked by Cyril Ramaphosa to reconfigure a new government and administration for the new lean government that president Cyril Ramaphosa wants to see.
For the first time since the birth of democracy, South Africa’s election credibility has been called into question due to the ease of being able to wipe off the indelible ink marks on a voter’s thumb. The company that supplied the ink is Lithotech, a division of Bidvest, to find out what this means for these brands CNBC Africa is joined by Jeremy Sampson, Managing Director, Brand Finance Africa.
The impacts of possible outcomes of elections will have ramifications on the global market outlook and foreign direct investment. Joining CNBC Africa to discuss the country's place in a global market is William Attwell, Practice Leader, Sub-Saharan Africa, Duckerfrontier.
Andile Mngxitama, leader of Black First Land First is of the opinion that BLF had been "robbed". He sees the ANC, DA and EFF as a single party representing White Monopoly Capital in Parliament. He spoke to Karabo Letlahtlha at the IEC.