According to the World Bank, Kenya faces an infrastructure financing gap of approximately $2.1 billion annually. Public-Private Partnerships are considered crucial in closing in this gap and the government plans to raise $2 billion in the financial year 2020/2021 through PPPs to fund key infrastructure projects. Isaac Otolo, Director Advisory Transactions at PwC spoke to CNBC Africa for more.
PwC says overall equity capital market activity in Africa declined by 44 per cent in value in 2019, the lowest in over a decade. Alice Tomdio, Director of Capital Markets Services Group at PwC joins CNBC Africa to review the performance of Africa's capital markets.
Nigeria’s Minister for Mines and Steel Development, Olamilekan Adegbite, says the country’s mining potential can surpass oil and gas. Meanwhile, data from the National Bureau of Statistics shows that Nigeria’s Mining and Quarrying sector contributed 8.85 to the 2019 GDP lower than the 10.68 per cent recorded in 2018. Joining CNBC Africa to make the investment case for Nigeria’s Mining sector is Cyril Azobu, Partner and Head of Consulting and Mining Leader at PwC.
It has been a year since the London Stock Exchange (LSE) Group's Companies to Inspire Africa report was released. Ibukun Adebayo, Co-Head of Emerging Markets at the London Stock Exchange Group and Alice Tomdio and Director of the Capital Markets Services Group at PricewaterhouseCoopers (PwC) joins CNBC Africa for more.
Nigeria's Senate President told journalists in Abuja that the Senate will approve President Muhammadu Buhari's $29.9 billion loan request. Meanwhile, Nigeria's President is expected to sign the 2020 appropriation bill into law. This comes as Nigeria's Statistics Office records another uptick in headline inflation for the month of November. Taiwo Oyedele, Partner and West Africa Tax Leader at PwC Nigeria joins CNBC Africa for a recap of Nigeria's revenue drive this year.
The rand took a battering against the dollar after South Africa’s Q3 GDP statistics showed a 0.6 per cent quarter over quarter contraction including key sectors such as mining, manufacturing and transport. Are we likely to revise down the already pitiful growth target of 0.5 per cent for 2019? And do we as South African’s fixate on single data points at the risk of not seeing the bigger picture? Graeme Korner, Director at Korner Perspective and Lullu Krugel, PwC Partner, Strategy & and Chief Economist join CNBC Africa for more.
Nigeria's Finance Bill seeks to shore up the government's revenue base by amending seven acts of the National Assembly relating to taxes. Ken Erikume, Partner of Tax Reporting and Strategy at PwC Nigeria joined CNBC Africa's Kenneth Igbomor to breakdown the Finance Bill, as members of Nigeria’s House of Representatives boycotted the public hearing slated for Tuesday.
Has the tax education initiatives conducted by different revenue authorities across the continent had the desired impact of increasing the levels of compliance and promoting tax literacy in Africa? Our guest for today Paul Frobisher Mugambwa, Associate Director, Tax services at PwC joins CNBC Africa for more.