Tag: oil crash
A plunge in U.S. crude oil prices this week reverberated across global financial markets and fueled renewed worries over the beleaguered shale oil industry. Yet billionaire investor Howard Marks isn’t panicking.
Joining CNBC Africa to discuss the latest in the oil markets after yesterday’s historic US oil futures price fall of zero dollars is Stephen Innes, Global Chief Markets Strategist at AxiCorp.
Oil prices went into free fall today as inventories piled up, raising concerns storage capacity could run out in the near term amid low demand made worse by COVID-19 lock-downs worldwide. Christopher Haines, Analyst, Global Crude at Energy Aspects spoke to CNBC Africa for more.
MTN reported muted revenue growth laying the blame on consumers being in a current difficult position. CNBC Africa's Fifi Peters spoke to MTN CFO, Ralph Mupita, about a way forward for the company and how they dealing with regulators pushing for cheaper prices.
CNBC Africa's Fifi Peters spoke with MTN CFO, Ralph Mupita about the company’s full year results which saw a 9.7 per cent growth in its revenue boosted by a 12.6 per cent increase in Nigeria and 22.9 per cent in Ghana.