Tag: oil crash

Billionaire Howard Marks calls the global oil crash ‘completely rational’

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.

How the oil market fall impacts Angola’s economy

The oil rich African country of Angola who will be negatively impacted by the U.S oil price dip that occurred yesterday, Rui Oliveira, CEO at BFA Asset Management joins CNBC Africa for more.

COVID-19: Global oil markets collapse due to oversupply

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.

Behind the oil price collapse

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 on revenue growth, data prices & the relaunch of mobile money service

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.

How MTN plans to deal with the oil crash, COVID-19

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.
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