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<p>African Bank says the launch of its on-line banking channel, MyWorld has led to an increase in trust and retail depositors. The bank says retail customer deposits jumped 115 per cent to R2.4 billion vs R1.1 billion in the previous year. African Bank’s credit-loss ratio improved to 7 per cent from 11.7 per cent while its gross advances book is up 9 per cent to R30 billion. African Bank CEO, Basani Maluleke joins CNBC Africa for more.</p>


African Bank improves its credit-loss ratio

African Bank improves its credit-loss ratio, looks to diversify funding & product portfolio

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<p>Hulisani Management released its half year financial results with the company reporting a significant reduction in losses in the challenging economic environment. The company&#8217;s revenue is up by 8 per cent to R25.4 million which is up from 23.6 million from the previous period. Hulisani Management CEO, Marubini Raphulu joins CNBC Africa for more.</p>


Hulisani rises above tough macroeconomic challenges

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<p>The Gauteng Department of Public Transport and Infrastructure has been allocated R90 million from the Medium Term Budget. CNBC Africa&#8217;s Kopano Gumbi spoke to MEC of public transport, Jacob Mamabolo to outline what the department plans are with the budget.</p>


Gauteng invests R90mn towards public transport

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<p>There have been conversations on expanding women&#8217;s access to financial services and support to women led initiatives. Solomon Lartey, Managing Director at ACTIVA International Insurance Company In Ghana Ltd joins CNBC Africa on insuring assets.</p>


Global Gender Summit: How making insurance policies inclusive expand womens’ access to financial services

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<p>Statistics indicate that women make up over 40 per cent of African business owners yet a trivial 2 per cent are able to access finance according to figures from Mckinsey. Director of Macroeconomics, Forecasting and Research at African Development Bank (AfDB), Hanan Morsy joins CNBC Africa to discuss women economic participation and empowerment.</p>


Global Gender Summit: AfDB’s Hanan Morsy on how to improve economic participation for women in Africa

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<p>Former Ethiopian Prime Minister, H.E. Hailemariam Desalegn was recently appointed Board Chair of Alliance for a Green Revolution in Africa (AGRA). He joins CNBC Africa’s Makeda Mahadeo to discuss priorities and matters in agriculture on the continent.</p>


AGRA Chair Desalegn on the need to transform agriculture on the continent

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<p>Nigeria’s Monetary Policy Committee (MPC) will today announce the 6th and final monetary decision of the year. CEO of CFG Advisory, Tilewa Adebajo and Group Head of Corporate Banking at Coronation Merchant Bank, Ademola Adekoya both join CNBC Africa to discuss some issues that could influence the MPC’s decision.</p>


Nigeria MPC: What will influence Nigeria’s MPC interest rate decision?

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<p>The Bureau of Economic Research and RMB&#8217;s Business Confidence Index comes out tomorrow and according to many commentators, it is expected to tell of more bad news. Alan Mukoki, CEO of the South African Chamber of Commerce and Industry joins CNBC Africa for more.</p>


SACCI CEO Mukoki how to turn around SA’s economy

SACCI CEO Mukoki how to turn around SA’s economy, Eskom

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<p>South Africa taxi owner Transaction Capital has seen positive numbers in a subdued transportation market and economy. Dividends and headline earnings rose by 22 per cent and 18 per cent respectively. Its SA Taxi group grew headline earnings by 38 per cent to R519 million. Transaction Capital CEO, David Hurwitz joins CNBC Africa for more.</p>


Taxi industry lifts Transaction Capital’s FY earnings

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<p>One of the ways to help women leverage their potential is to make the work environment safe. Barbara Rambousek, Director of Gender and Economic Inclusion at the European Bank joins CNBC Africa for more.</p>


Global Gender Summit: Barbara Rambousek of European Bank on creating women-friendly workplaces

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<p>In Zimbabwe new reforms have introduced an interbank foreign exchange system, which is an official market to buy and sell foreign currency in Zimbabwe. Joining CNBC Africa to discuss the new measures for importers to declare sources of forex in Zimbabwe is Batanai Matsika, Head of Research at Morgan &#038; Co.</p>


Zim’s new measures for importers to declare sources of forex

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<p>One of the highlights of the Global Gender Summit in Kigali was the launch of the African Development Bank&#8217;s Affirmative Finance Action for Women in Africa (AFAWA). This is a risk-sharing facility that aims to close the $42 billion gender-credit gap for women enterprises in Africa. CNBC Africa&#8217;s Kenneth Igbomor caught up with President of African Development Bank, Akinwumi Adesina to discuss this initiative.</p>


African Development Bank President denies allegations of ill-governance

Global Gender Summit: AfDB President Akinwumi Adesina on how AFAWA aims to close gender-credit gap for women

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<p>The government of Rwanda through its minister of finance yesterday committed herself to contribution of $1 million to the Affirmative Finance Action for Women in Africa (AFAWA) Risk-Sharing Facility on the sidelines of the ongoing Global Gender Summit. CNBC africa&#8217;s Arnold Kwizera spoke to Minister of Finance and Economic Planning, Uzziel Ndagijiminana for more.</p>


Global Gender Summit: Rwanda commits $1mn contribution to AFAWA

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<p>Filling the $42 million finance gap is key in ensuring gender equality is achieved globally – CNBC Africa&#8217;s Arnold Kwizera spoke to CEO of The Tony Elumelu Foundation, Ifeyinwa Ugochukwu for more.</p>


Global Gender Summit: Ifeyinwa Ugochukwu on how govts

Global Gender Summit: Ifeyinwa Ugochukwu on how govts, businesses can improve women’s access to finance

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<p>MG Commodities, which supplies rice and sugar beans to the Shoprite Group, won in the SMME category at the Group’s 2019 Supplier Awards. The family-owned company supply Shoprite and Usave stores in Lesotho but plan to expand further. CNBC Africa is joined by the General Manager of MG Commodities, Katleho Motsoasele.</p>


MG Commodities wins big at the Shoprite supplier awards

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<p>Invicta Holdings released its interim numbers for the six months ended September and has reported flat revenue but profits are up. CNBC Africa spoke to the CEO, Arnold Goldstone, about how difficult it is to get business in this tough economic environment.</p>


Invicta CEO: We haven’t seen green shoots on SA’s economy & this is what govt should do to change this

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<p>The Group Managing Director and CEO of United Bank of Africa (UBA), Kennedy Uzoka says financial inclusion goes beyond owning a mobile phone. Uzoka was highlighting ways to get more African women into the financial system on the sidelines of the Global Gender Summit in Rwanda. He joins CNBC Africa’s Kenneth Igbomor for more.</p>


executive

African Bank improves its credit-loss ratio, looks to diversify funding & product portfolio

Hulisani rises above tough macroeconomic challenges

Gauteng invests R90mn towards public transport

Global Gender Summit: How making insurance policies inclusive expand womens’ access to financial services

Global Gender Summit: AfDB’s Hanan Morsy on how to improve economic participation for women in Africa

AGRA Chair Desalegn on the need to transform agriculture on the continent

Nigeria MPC: What will influence Nigeria’s MPC interest rate decision?

SACCI CEO Mukoki how to turn around SA’s economy, Eskom

Taxi industry lifts Transaction Capital’s FY earnings

Global Gender Summit: Barbara Rambousek of European Bank on creating women-friendly workplaces

Zim’s new measures for importers to declare sources of forex

Global Gender Summit: AfDB President Akinwumi Adesina on how AFAWA aims to close gender-credit gap for women

Global Gender Summit: Rwanda commits $1mn contribution to AFAWA

Global Gender Summit: Ifeyinwa Ugochukwu on how govts, businesses can improve women’s access to finance

MG Commodities wins big at the Shoprite supplier awards

Invicta CEO: We haven’t seen green shoots on SA’s economy & this is what govt should do to change this

Global Gender Summit: UBA’s Kennedy Uzoka on how to expand financial inclusion for African women

News Tips

Advertise With Us

executive

African Bank improves its credit-loss ratio, looks to diversify funding & product portfolio

Hulisani rises above tough macroeconomic challenges

Gauteng invests R90mn towards public transport

Global Gender Summit: How making insurance policies inclusive expand womens’ access to financial services

Global Gender Summit: AfDB’s Hanan Morsy on how to improve economic participation for women in Africa

AGRA Chair Desalegn on the need to transform agriculture on the continent

Nigeria MPC: What will influence Nigeria’s MPC interest rate decision?

SACCI CEO Mukoki how to turn around SA’s economy, Eskom

Taxi industry lifts Transaction Capital’s FY earnings

Global Gender Summit: Barbara Rambousek of European Bank on creating women-friendly workplaces

Zim’s new measures for importers to declare sources of forex

Global Gender Summit: AfDB President Akinwumi Adesina on how AFAWA aims to close gender-credit gap for women

Global Gender Summit: Rwanda commits $1mn contribution to AFAWA

Global Gender Summit: Ifeyinwa Ugochukwu on how govts, businesses can improve women’s access to finance

MG Commodities wins big at the Shoprite supplier awards

Invicta CEO: We haven’t seen green shoots on SA’s economy & this is what govt should do to change this

Global Gender Summit: UBA’s Kennedy Uzoka on how to expand financial inclusion for African women

News Tips

Advertise With Us

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