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<p>A meeting between the government and the Petroleum and Natural Gas Senior Staff Association of Nigeria, PENGASSAN, ended in a deadlock. The meeting was scheduled to resolve the grievances of oil worker who embarked on an industrial action since Sunday. At the core of deliberations are issues raised on payment of oil workers through the Integrated Payroll and Personnel Information system. Aniete Udo, National Public Relations Officer of PENGASSAN joins CNBC Africa for more.</p>


Fuel scarcity looms as Nigeria’s oil unions down tools

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<p>Many industries have been hit hard by the COVID-19 disruption. As South Africa charts its way to economic relief, commitment to sustainability could lead the sectors to recovery. In June the JSE introduced the Sustainability Segment, and Shameela Soobramoney, Chief Sustainability Officer at the JSE joins CNBC Africa to give an update on how it’s performing.</p>


JSE’s Sustainability Segment gains more traction with more listings in the pipeline

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<p>Johnson &#038; Johnson’s Phase 3 trial of its COVID-19 vaccine candidate has commenced in South Africa. The first South African ENSEMBLE participants were dosed last week. The study is also on-going in the United States, Brazil, Chile, Colombia and Argentina. Ludovic de Beaucoudrey, the Medical Affairs Director at Janssen South Africa joins CNBC Africa for more.</p>


Johnson & Johnson begins Phase 3 COVID-19 vaccine candidate trial in SA

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<p>The World Bank says the amount of money migrant workers are able to send home is expected to decline by 14 per cent in 2021. According to the bank, the foremost factors driving the decline in remittances include weak economic growth and employment levels in migrant-hosting countries, weak oil prices; and depreciation of the currencies of remittance-source countries against the US dollar. Michael Kent, Founder of Azimo joins CNBC Africa for more.</p>


How COVID-19 is changing global remittance flows

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<p>The United Nations says the demands for social justice and good governance by Nigerian youths are legitimate and must be done peacefully. They also noted that the developments are a fall-out of the socio-economic impact of the COVID-19 pandemic. Meanwhile, the Central Bank of Nigeria obtained an order to freeze the accounts of 20 alleged sponsors of the #EndSARS campaign. Onyekachi Adekoya, Managing Director of PR24 joins CNBC Africa for more.</p>


CBN secures order to freeze accounts of 20 #EndSARS sponsors

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<p>As Nigeria&#8217;s new multi-structure electricity tariffs take effect, consumers are still unclear as to how power distributors are expected to implement the increment.</p>


How Nigeria’s new service-based electricity tariffs are impacting consumers

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<p>As many South Africans adapted to working and studying from home, Telkom was one of the companies enabling connectivity throughout lockdown. Headline earnings per share increased by 25.4 per cent to 219 cents per share for the six months ended September. Group Earnings Before Interest, Taxes, Depreciation, and Amortization rose by 6.3 per cent. Telkom CEO, Sipho Maseko joins CNBC Africa for more.</p>


Telkom CEO on H1 earnings & COVID-19 impact on business

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<p>Markets continue to rally, with renewed hopes of a COVID-19 vaccine. Pfizer and BioNTech announced yesterday that their vaccine candidate is 90 per cent effective, with the oil price rebounding. Angola, one of the largest producers of crude oil in Africa, has suffered due to a global drop in oil prices caused by COVID-19 restrictions. Rui Oliveira, CEO of BFA Asset Management joins CNBC Africa for more.</p>


Oil prices rebound: What does this mean for Angola?

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<p>After 8 months of closure, Rwanda has finally opened the border with the Democratic Republic of Congo. Throughout the past eight months, trade across the very busy border took a hit with small scale traders being the most affected. Ted Kaberuka, Economic Analyst joins CNBC Africa for more.</p>


Rwanda reopens border with DR CONGO

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<p>Last year, the United States launched a development finance institution known as DFC which is responsible for providing and facilitating the financing of private development projects in lower and middle income countries. Some observers have also suggested that it aims to counter China’s influence in these countries. Grant Harris, CEO of Connect Frontier LLC joins CNBC Africa for more.</p>


How Africa can benefit from incoming U.S administration on trade

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<p>According to a report by the United Nations, gold production in the Democratic Republic of Congo is underreported while tonnes of the precious metal is smuggled into global supply chains. The report further indicated that the government lost up to $1.88million in taxes through the smuggling of at least 1.1 tonnes out of Ituri Province alone in 2019. Yves Kabongo, Managing Partner at KBG Capital spoke to CNBC Africa for more.</p>


How the DRC can curb illicit gold trade to spur economic growth

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<p>After announcing that its COVID vaccine is over 90 per cent effective, Pfizer and BioNTech say they expect to produce up to 50 million vaccine doses in 2020 and up to 1.3 billion doses in 2021. Joining CNBC Africa to discuss what this news means for the world’s COVID-19 fight and economy are; Niniola Williams, Managing Director of Drasa Health Trust and Kayode Akindele, Partner at TIA Capital.</p>


Cautious optimism over Pfizer coronavirus vaccine breakthrough

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<p>The last few years have been tough on investors and financial advisors in South Africa. A tough economic climate and COVID-19 have led to markets seeing consistently low returns. This begs the question: What will the future hold? Joining CNBC Africa to unpack the future of South Africa’s investment markets is Andrew MacKenzie, Head of Portfolio Management at Nedbank Private Wealth.</p>


Nedbank Private Wealth on what the future holds for SA’s investment markets

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<p>In Kenya, the collapse of Nakumatt Supermarket, Imperial Bank, Chase Bank, and Athi River Mining has affected thousands of corporate bondholders. Moreover, the Capital Markets Authority in the country has admitted that the corporate bonds markets remain depressed and illiquid. Economic Analyst Odhiambo Ramogi joins CNBC Africa for more.</p>


COVID-19: How the pandemic has impacted Kenya’s bond market

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<p>The fresh wave of COVID-19 lock-downs across Europe and particularly in France is dealing a heavy blow to Kenya&#8217;s flower subsector, according to the Kenya Flower Council. Clement Tulezi, CEO of Kenya Flower Council joins CNBC Africa for more.</p>


COVID-19: France lock-down deals blow to Kenyan floriculture

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<p>As we go further into the earnings season, Adebola Akindele, Managing Director and CEO of Courteville Business Solution joins CNBC Africa’s Esther Awoniyi to breakdown the company’s 9-month numbers.</p>


Courteville Business Solutions 9-month results with CEO Adebola Akindele

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<p>Small businesses in South Africa face significant barriers to growth. These include limited access to funding, ineffective supply chain procedures and issues with new technology. Secha Capital has announced a R400 million fund, which aims to invest in SMEs. Rushil Vallabh, Co-Founder and Managing Director of Secha Capital joins CNBC Africa for more.</p>


Reuters

Fuel scarcity looms as Nigeria’s oil unions down tools

JSE’s Sustainability Segment gains more traction with more listings in the pipeline

Johnson & Johnson begins Phase 3 COVID-19 vaccine candidate trial in SA

How COVID-19 is changing global remittance flows

CBN secures order to freeze accounts of 20 #EndSARS sponsors

How Nigeria’s new service-based electricity tariffs are impacting consumers

Telkom CEO on H1 earnings & COVID-19 impact on business

Oil prices rebound: What does this mean for Angola?

Rwanda reopens border with DR CONGO

How Africa can benefit from incoming U.S administration on trade

How the DRC can curb illicit gold trade to spur economic growth

Cautious optimism over Pfizer coronavirus vaccine breakthrough

Nedbank Private Wealth on what the future holds for SA’s investment markets

COVID-19: How the pandemic has impacted Kenya’s bond market

COVID-19: France lock-down deals blow to Kenyan floriculture

Courteville Business Solutions 9-month results with CEO Adebola Akindele

R400mn fund launched to help scale up small businesses in South Africa

News Tips

Advertise With Us

Reuters

Fuel scarcity looms as Nigeria’s oil unions down tools

JSE’s Sustainability Segment gains more traction with more listings in the pipeline

Johnson & Johnson begins Phase 3 COVID-19 vaccine candidate trial in SA

How COVID-19 is changing global remittance flows

CBN secures order to freeze accounts of 20 #EndSARS sponsors

How Nigeria’s new service-based electricity tariffs are impacting consumers

Telkom CEO on H1 earnings & COVID-19 impact on business

Oil prices rebound: What does this mean for Angola?

Rwanda reopens border with DR CONGO

How Africa can benefit from incoming U.S administration on trade

How the DRC can curb illicit gold trade to spur economic growth

Cautious optimism over Pfizer coronavirus vaccine breakthrough

Nedbank Private Wealth on what the future holds for SA’s investment markets

COVID-19: How the pandemic has impacted Kenya’s bond market

COVID-19: France lock-down deals blow to Kenyan floriculture

Courteville Business Solutions 9-month results with CEO Adebola Akindele

R400mn fund launched to help scale up small businesses in South Africa

News Tips

Advertise With Us

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