The United States is counting down the days of a very important presidential election taking place on the 3rd of November. What will this election mean for trade relations with South Africa and what are the investment opportunities for U.S companies in South Africa. Joining CNBC Africa for more is Lana Marks, United States Ambassador to South Africa.
It’s not all doom and gloom for economic prospects during COVID-19, this is according to UBS Global Wealth Management Chief Economist, Paul Donovan who notes that 85 per cent of salaries in Europe and the U.S have remained unchanged in the last quarter which leaves room for optimism in buying power. He joins CNBC Africa for more.
Yesterday afternoon at least two of the African candidates for the top job at the World Trade Organization went in for their interviews before delegates at its headquarters in Geneva in Switzerland. Kenyan government minister Amina Mohamed and former Nigerian finance Ngozi Okonjo Iweala 15 minutes each to put forward their case for the job. Then each was grilled for 75 minutes by delegates about their vision for the future of world trade. John Stremlau, Honorary Professor of International Relations joins CNBC Africa for more.
At least two of the African candidates for the top job at the World Trade Organization will go for their interviews before delegates at its headquarters in Geneva in Switzerland today. Kenyan government minister Amina Mohamed and former Nigerian finance Ngozi Okonjo Iweala 15 minutes each to put forward their case for the job. Then each will be grilled for 75 minutes by delegates about their vision for the future of world trade. CNBC Africa's Chris Bishop took a look at the background. International Relations Analyst, Brook Spector unpacks this further.
Kenya looks to protect key firms and sectors in Kenya-US Free Trade Agreement negotiations; President Kenyatta hints at the country's inter-county lock-down being lifted and the Central Bank of Kenya predicts a strong economic recovery post-pandemic. These are the stories making headlines in Kenya, and CNBC Africa spoke to Journalist, Joseph Bonyo for more.
In light of the current COVID-19 pandemic, media intelligence company Meltwater has been tracking some of the most talked about and reported topics on the virus around the world, as well as some of the stories that are not gaining as much media attention.
The US Trade Department has started negotiations on a comprehensive trade agreement with Kenya in a move that will extend Kenya’s preferential access as the current trade arrangement under the Africa Growth and Opportunity Act (AGOA) closes in 5 years. If successful, the United States would forge its first bilateral trade accord with a sub-Saharan African country. Grant Harris CEO, Harris Partners LLC joins CNBC Africa for more.
Data has revealed that more than 6.6 million people in the United States filed for unemployment benefits last week; this comes on the back of the country having the highest confirmed cases of Covid-19 in the world and is experiencing devastating economic repercussions from the virus outbreak. Joining CNBC Africa to unpack it all is Ryan Patel, Global Business Executive and Senior Fellow at Drucker School of Management.