Tag: emerging markets
The Importance of good internet connectivity when working from home is the new normal is no longer a luxury. But Across many African countries cost and efficiency of home internet is still out of reach, now why more than ever is this important for economies on the continent? Ahmad Mokhles, Group Chief Operating Officer at Liquid Telecom joins CNBC Africa joins for more.
In Rwanda, as the whole country is on lock down amid the coronavirus outbreak, CNBC Africa is joined by Adrew Kazibwe, an arts journalist, to find out more on the effects that the outbreak has had in the creative arts industry.
The logistics sector has a key role if not the most crucial to play in the supply chain of goods during the Covid-19 pandemic. But because of the times we are in its definitely not smooth sailing and has been heavily hit, CNBC Africa is joined by Gerald Mukyenga, Group CEO of Multilines International, a regional logistics company on what kind of impact COVID-19 has had on the industry.
The recently launched Kenya Customs Agents and Freight Forwarders Bill 2020 aims to enhance professionalism in service delivery and compliance to the existing regulations in order to end cargo delays at ports, improve cargo flow, improve revenue collection by the revenue authority and lowering the cost of doing business. Fredrick Aloo, Secretary General of Kenya International Freight Forwarders and Warehousing Association joins CNBC Africa on challenges faced and the impact the bill will have.
Cytonn’s Rodney Omukhulu explains measures Kenyan govt. is taking to curb COVID-19 impact on economy
With the COVID-19 pandemic presenting an unprecedented global health crisis, the Kenyan government has taken drastic measures, including pay cuts for top government officials, in a bid to cushion the country from the economic shocks arising from the pandemic. Rodney Omukhulu, Assistant Investments Analyst at Cytonn joins CNBC Africa for more.
The International Monetary Fund (IMF) and the World Bank's International Development Association have determined that Somalia has taken the necessary steps to begin receiving debt relief under the enhanced Heavily Indebted Poor Countries Initiative. Prime Minister of Somalia, Hassan Ali Khaire joins CNBC Africa for more.
IATA has estimated that the African Aviation Industry will lose more than $4 billion as a result of the COVID-19 pandemic – now with only Ethiopian Airlines posting profits in recent times on the continent, many of the industry players were in survival mode even before this pandemic. However, can they live to see past this black swan? Secretary General of the African Airlines Association (AFRAA), Abderahmane Berthé joins CNBC Africa for more.
Small and Medium Enterprises are important drivers of Africa’s economic growth, accounting for up to 90 per cent of all businesses in these markets. Now with almost everything put to a halt due to COVID-19 outbreak, this sector is expected to be hit hard. EFI Hub CEO, Anu Shah joins CNBC Africa to discuss measures to minimize the loss.