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<p>With many parts of the world having shut down in one way or the other to curb the spread of COVID-19, many workers have had to adapt to working from home but with the new work stations there has been a great spike in cyber security hacks. But what kind of opportunities has this presented for the cyber security industry? Betsy Mugo Bevilacqua, Co-Founder and Business Strategy Lead at Tabiri Analytics Inc joins CNBC Africa for more.</p>


COVID-19: What opportunities exist for the cyber security industry?

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<p>Companies across Africa have taken rapid steps to initiate community emergency relief efforts in the face of the COVID-19 pandemic with the need for on-going social relief expected to be front of mind for a network of African purpose-led Shared Value companies and leaders, CNBC Africa is joined by the CEO of the Shared Value Africa Initiative, Tiekie Barnard for more.</p>


Tiekie Barnard on COVID-19 impact & what to expect from the Africa Shared Value Leadership e-Summit

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<p>According to a new survey by the Kenya Bankers Association (KBA), close to 94 per cent of banks in the country expect a significantly slowed business growth. However, the survey indicates that a financial crisis in Kenya is unlikely due to the high levels of liquidity within the banking system. Dr. Habil Olaka, Chief Executive, Kenya Bankers Association joins CNBC Africa for more.</p>


Kenyan banking industry to survive the pandemic – survey

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<p>The current Covid-19 pandemic has caused world leaders to establish extreme, and in some cases, unprecedented measures in order to curb the spread of the dangerous virus. In a matter of just a couple of months, one-by-one, we saw countries around the world go from postponing events and gatherings, to closing borders and instituting partial and total lock-downs. Naturally, these measures have stifled the tourism industry in the most fundamental way possible. So with no end in sight, what is the solution? How will the sector pivot to survive? In this CNBC Africa Special we speak to three players, representing different segments of the industry for their take&#8230;.</p>


Tourism during COVID-19: An industry shift

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<p>According to the latest statistics released by the National Agriculture Export Development Board, Rwanda has exported more than 9,317 tonnes of processed tea, worth more than $27.6 million between January and March 2020. Cynthia Uwacu, Export Market Development and Innovation Division Manager at the National Agriculture Export Development Board spoke to CNBC Africa for more.</p>


Rwanda sees strong revenue from tea exports

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<p>Over the weekend, Kenyan President Uhuru Kenyatta ordered the closure of borders with Tanzania and Somalia, a move he said was necessitated by an increase in the number of “imported” Covid-19 cases. Risk Expert, Caroline Gathii joins CNBC Africa for more.</p>


Kenya closes borders with Somalia

Kenya closes borders with Somalia, Tanzania due to coronavirus

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<p>This past week Kenya has seen quite a few stories making headlines; the finance minister has announced that the country would not be accepting the G20 debt relief program; extreme flooding has displaced thousands and the number of COVID-19 cases in the country approaches 900. Journalist, Joseph Bonyo joins CNBC Africa for more.</p>


Kenya rejects G20 debt relief initiative due to restrictive terms

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<p>Almost 90 per cent of African small businesses fear they may not survive the COVID-19 crisis, and need access to practical tools and support to prevent financial loss, according to a recent survey of entrepreneurs by the African Management Institute but could there be a silver lining for the survival of small businesses. CNBC Africa spoke to serial entrepreneur, Henri Nyakarundi for more.</p>


How small businesses can bounce back from the COVID-19 crisis

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<p>With many African countries reaching out to international bodies for some form of financial assistance as a result of the COVID-19 pandemic, does this pose a higher risk for some economies more than others? Case in point, Kenya which in the recent past has flirted with mounting debt from the likes of China and other trading partners, so is the country on the verge of falling into a debt trap? George Bodo, Director, Callstreet Research joins CNBC Africa for more.</p>


COVID-19: Is Kenya plunging further into a debt trap?

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<p>With on-going continued revisions of economic projections, many are looking at the commercial banks as their safety net to help businesses bounce back. But is this feasible and will it become the new normal? CNBC Africa spoke to the M D of Equity Bank, Rwanda, Hannington Namara for more.</p>


COVID-19: This is what new normal may look like for commercial banks

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<p>Manufacturers in the country have stepped forward to bridge the demand gap and improve access to personal protection equipment under the on-going COVID-19 pandemic.</p>


How Rwanda is finding home grown solutions to the COVID-19 crisis

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<p>Fitch Ratings has for the first time rated Development Bank of Rwanda at B+, reflecting the bank’s stable outlook. The rating also demonstrates BRD’s ability to raise external financing in case of need. Vincent Ngirikiringo, the bank&#8217;s Chief Finance Officer joined CNBC Africa and shared an update on the 3 year $24.42 million recapitalisation plan by the government.</p>


Development bank of Rwanda earns B+ Fitch Ratings

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<p>In Kenya, the treasury had granted millers permission to import maize at a lower tariff but declined to extend the duration as requested by millers on fears the imports would coincide with the harvesting of short-rain crop from south rift, impacting negatively on local prices. However, millers say they will not be importing maize and warn Kenyans should brace for higher prices of flour in the coming days on the account of expensive raw material. Nick Kwolek, Founder of KwolCo joins CNBC Africa more.</p>


KwolCo’s outlook for East Africa’s commodity markets

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<p>South Sudan’s central bank has slashed its benchmark interest rate by 200 basis points to 13 per cent to help the economy cope with the effects of COVID-19. According to governor, the flow of credit to the private sector had started to decline during the outbreak and the policy easing was aimed at accelerating lending. Parek Maduot, Director of Economic Development &#038; Regional Integration, at the International Conference on the Great Lakes Region joined CNBC Africa more.</p>


South Sudan’s Central Bank slashes benchmark rate to 13% in response to COVID-19

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<p>Kenya’s Finance Bill 2020 proposes to introduce a 1.5 per cent tax on the gross transaction value of digital Services as well as levy VAT at 14 per cent on a number of goods that are currently exempt. This is in efforts to boost tax revenue in the country. Edna Gitachu, Tax Policy Lead at PwC Kenya joins CNBC Africa for more.</p>


Here’s what you need to know about Kenya’s proposed digital tax

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<p>Airtel Africa announced their 2019-2020 financial results that saw an 11.2 per cent revenue increase but is their current business module sustainable in a post COVID-19 environment, CNBC Africa spoke to the CEO of Airtel Africa, Raghunath Mandava for more.</p>


Airtel Africa sees increase in FY revenue

Airtel Africa sees increase in FY revenue, remains bullish on Africa’s outlook

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<p>There have been arguments for a postponement of the July Start of Trade under the African Continental Free Trade Area (AfCFTA) due to the Covid-19 pandemic. However, trade experts on the continent say that the AfCFTA will help African economies recover from the impact of the pandemic and should stay on track. CNBC Africa spoke to Edem Adzogenu, Co-Chair of the Afro-Champions Initiative Executive Committee for more.</p>


Rwanda

COVID-19: What opportunities exist for the cyber security industry?

Tiekie Barnard on COVID-19 impact & what to expect from the Africa Shared Value Leadership e-Summit

Kenyan banking industry to survive the pandemic – survey

Tourism during COVID-19: An industry shift

Rwanda sees strong revenue from tea exports

Kenya closes borders with Somalia, Tanzania due to coronavirus

Kenya rejects G20 debt relief initiative due to restrictive terms

How small businesses can bounce back from the COVID-19 crisis

COVID-19: Is Kenya plunging further into a debt trap?

COVID-19: This is what new normal may look like for commercial banks

How Rwanda is finding home grown solutions to the COVID-19 crisis

Development bank of Rwanda earns B+ Fitch Ratings

KwolCo’s outlook for East Africa’s commodity markets

South Sudan’s Central Bank slashes benchmark rate to 13% in response to COVID-19

Here’s what you need to know about Kenya’s proposed digital tax

Airtel Africa sees increase in FY revenue, remains bullish on Africa’s outlook

COVID-19: How the pandemic is affecting Africa’s free trade plans

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Rwanda

COVID-19: What opportunities exist for the cyber security industry?

Tiekie Barnard on COVID-19 impact & what to expect from the Africa Shared Value Leadership e-Summit

Kenyan banking industry to survive the pandemic – survey

Tourism during COVID-19: An industry shift

Rwanda sees strong revenue from tea exports

Kenya closes borders with Somalia, Tanzania due to coronavirus

Kenya rejects G20 debt relief initiative due to restrictive terms

How small businesses can bounce back from the COVID-19 crisis

COVID-19: Is Kenya plunging further into a debt trap?

COVID-19: This is what new normal may look like for commercial banks

How Rwanda is finding home grown solutions to the COVID-19 crisis

Development bank of Rwanda earns B+ Fitch Ratings

KwolCo’s outlook for East Africa’s commodity markets

South Sudan’s Central Bank slashes benchmark rate to 13% in response to COVID-19

Here’s what you need to know about Kenya’s proposed digital tax

Airtel Africa sees increase in FY revenue, remains bullish on Africa’s outlook

COVID-19: How the pandemic is affecting Africa’s free trade plans

News Tips

Advertise With Us

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