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<p>MTN Nigeria&#8217;s service revenue rose by 24 per cent in the first half of this year. The company&#8217;s revenue from data grew by 48.3 percent, while its fintech revenues also grew by 48.2 per cent as active subscriber base crosses the 6.1 million mark.  This year the mobile network operator will mark 20 years of operations in Nigeria and Chief Financial Officer at MTN Nigeria, Modupe Kadri  joins CNBC Africa for more.</p>


MTN Nigeria service revenue rises 24% in H1

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<p>It’s been rather busy in the low cost airline space in South Africa with airlines having to suspend and resume operations several times due to Covid-19 lockdown regulations. Well, new comer, Lift airlines has also has not been immune to these conditions. They resumed operations on Sunday after pausing during level 4 of the lockdown. Lift Co-Founder, Gidon Novick joins CNBC Africa for more.</p>


Lift Co-Founder

Why lockdown level 4 didn’t clip Lift’s wings?

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<p>The Government of Rwanda has successfully raised $620 million through the issuance of a 10-year Eurobond. The proceeds of the bond will be used partly to retire Rwanda’s existing Eurobond which is due in May 2023, in line with the country’s debt management strategy to proactively address the upcoming debt burden while taking advantage of the current conducive market. Finance Minister Uzziel Ndagijimana joins CNBC Africa for more.</p>


Finance Minister Ndagijimana on Eurobond issue

Finance Minister Ndagijimana on Eurobond issue, Rwanda’s path to economic recovery

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<p>The global freelance market size was estimated at $2.4 billion in 2018 and Africa accounts for only 2 per cent  of this value, although there has been an upsurge in the freelance market in the continent especially since the advent of the pandemic. According to Glove News Wire, the global market is projected to boom at a compound annual growth rate of 15.3 per cent during 2021-2026. Amadou Daffe, CEO of Gebaya Inc joins CNBC Africa for more.</p>


COVID-19: How the pandemic is creating more freelancing opportunities in Africa

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<p>Mauritius recently saw a surge in new COVID-19 cases as the country was planning to fully reopen the travel sector, which has driven Mauritius’s economic growth for a long time. What will it take for the Indian Ocean island nation to go back to it’s pre-Covid path? Mauritian Economic Analyst, Prem Sewpaul spoke to CNBC Africa for more.</p>


Can the Mauritian economy bounce back swiftly after Covid-19 crisis?

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<p>Last week, Treasury put in a proposal to allow South Africans partial access to their pension savings in a “two-pot system”.</p>


How Treasury’s proposal on pension funds could impact retirement industry

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<p>After years of preparation, the Nairobi International Financial Centre, last week, signed its first deals with British insurer, Prudential Plc and business lobby group The CityUK, ahead of its official launch later this year. CNBC Africa spoke with the Chairman of the NIFC, Vincent Rague for more.</p>


Kenya’s NIFC inks first two deals with British insurer Prudential

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<p>Uganda Breweries limited saw a 33 per cent increase in net sales despite an challenging year for the beverages sector. CNBC Africa spoke with the Managing Director of UBL, Alvin Mbugua for more.</p>


Uganda Breweries delivers resilient performance in difficult conditions

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<p>Courteville Business Solutions Plc has posted a profit after tax of 148.4 million naira in the first-half of the year, coming on the back of strong cost and financial control measures implemented by the management team Its revenue also grew to 873.2 million naira amid economic realities. Group Managing Director of Courteville Business Solutions, Debola Akindele joins  CNBC Africa for more.</p>


Nigeria’s Courteville declares 148.4m naira profit in first half

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<p>Half year earnings results from major players in Nigeria’s consumer goods sector shows that while sales are growing operating expenses remain a challenge, even as food prices are rising at their fastest rate, exacerbated by low purchasing power of Nigerians and the COVID-19 pandemic. Feyisike Ilemore, Research Analyst at RMB Nigeria joins  CNBC Africa for more.</p>


RMB’s outlook for Nigeria’s consumer goods sector

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<p>Nigeria&#8217;s power generation companies have faced persistent shortage of gas to the thermal plants and the Nigerian Government says it is working with stakeholders to address the gas supply challenges. Executive Secretary of the Association of Power Generation Companies, Joy Ogaji joins CNBC Africa for more.</p>


How Nigerian GenCos can address gas supply challenges

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<p>Dangote Cement has reported a 51.9 per cent rise in half-year post-tax profits to 191.6 billion naira, while revenues also grew by 44.8 per cent. The cement maker&#8217;s volumes for the group grew by 26.1 percent to 15.3 metric tonnes, while volumes in Nigeria rose by 33 percent to 9.9 metric tonnes.  Michel Pucheros, Group Managing Director of Dangote Cement joins CNBC Africa for more.</p>


Dangote Cement half-year PAT up 51% to 191.6bn naira

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<p>Nigeria will be receiving about 4.8 million doses of the Moderna COVID-19 vaccines from the United States today. Vaccinations are due to resume this week, after the government exhausted the 4 million doses of the Astrazeneca vaccines received in March. Dayo Amzat, CEO of Zedcrest Capital  joins CNBC Africa for more.</p>


Nigeria to receive 4.8m doses of COVID-19 vaccines from the US

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<p>Zambia is preparing to go to the polls next week and President Edgar Lungu has ordered the deployment of the military to quell electoral violence ahead of the votes. The race is between Lungu and Hakainde Hichilema who has been detained several times since he started contesting the top job. The Electoral Commission has banned rallies as part of measures to limit the spread of the coronavirus but that hasn&#8217;t  stopped clashes between opposing political parties. Francois Conradie, Lead Political Economist at NKC African Economics.</p>


As Zambians head to the polls

As Zambians head to the polls, here’s what’s at stake

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<p>Trade unions representing Mango have accused parent company SAA from withholding workers salaries as blackmail to get them to backtrack on a court application to place the low cost airline in business rescue. They believe SAA want Mango to be wound down to make way for competing low cost carrier, Lift, which is owned by the consortium that&#8217;s been announced as SAA&#8217;s new equity stakeholder.  Zazi Nsibanyoni-Mugambi, President of the South African Cabin Crew Association joins CNBC Africa for more.</p>


Mango unions accuse SAA of blackmail

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<p>Cyber threats and cyber criminals remain active in Africa just like elsewhere across the world as companies prioritise digital transformation in their growth agenda. Now researchers warn of increased cyber targets. David Emm, Principal Security Researcher at Kaspersky spoke to CNBC Africa’s Julius Bizimungu for more.</p>


Assessing Africa’s cyber threat landscape

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<p>Tanzania’s President Samia Suluhu Hassan is in Rwanda for a two-day state visit. The overall purpose of the visit, according to officials, is to strengthen ties between the two neighbouring countries.</p>


pro

MTN Nigeria service revenue rises 24% in H1

Why lockdown level 4 didn’t clip Lift’s wings?

Finance Minister Ndagijimana on Eurobond issue, Rwanda’s path to economic recovery

COVID-19: How the pandemic is creating more freelancing opportunities in Africa

Can the Mauritian economy bounce back swiftly after Covid-19 crisis?

How Treasury’s proposal on pension funds could impact retirement industry

Kenya’s NIFC inks first two deals with British insurer Prudential

Uganda Breweries delivers resilient performance in difficult conditions

Nigeria’s Courteville declares 148.4m naira profit in first half

RMB’s outlook for Nigeria’s consumer goods sector

How Nigerian GenCos can address gas supply challenges

Dangote Cement half-year PAT up 51% to 191.6bn naira

Nigeria to receive 4.8m doses of COVID-19 vaccines from the US

As Zambians head to the polls, here’s what’s at stake

Mango unions accuse SAA of blackmail

Assessing Africa’s cyber threat landscape

President Suluhu Hassan embarks on 2-day state visit to Rwanda

News Tips

Advertise With Us

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MTN Nigeria service revenue rises 24% in H1

Why lockdown level 4 didn’t clip Lift’s wings?

Finance Minister Ndagijimana on Eurobond issue, Rwanda’s path to economic recovery

COVID-19: How the pandemic is creating more freelancing opportunities in Africa

Can the Mauritian economy bounce back swiftly after Covid-19 crisis?

How Treasury’s proposal on pension funds could impact retirement industry

Kenya’s NIFC inks first two deals with British insurer Prudential

Uganda Breweries delivers resilient performance in difficult conditions

Nigeria’s Courteville declares 148.4m naira profit in first half

RMB’s outlook for Nigeria’s consumer goods sector

How Nigerian GenCos can address gas supply challenges

Dangote Cement half-year PAT up 51% to 191.6bn naira

Nigeria to receive 4.8m doses of COVID-19 vaccines from the US

As Zambians head to the polls, here’s what’s at stake

Mango unions accuse SAA of blackmail

Assessing Africa’s cyber threat landscape

President Suluhu Hassan embarks on 2-day state visit to Rwanda

News Tips

Advertise With Us

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