Videos

WEF: How the rise of machines & AI will shape future of work

COVID-19 has accelerated the need for digitisation in the workspace – bringing both challenges and opportunities. In its latest future of work report, the World Economic Forum expects advances in artificial intelligence to eliminate 85 million jobs by 2025. In the same breath, the rise of machines is projected to create 97 million new jobs, leading to an overall addition of 12 million jobs. CNBC Africa spoke to Saadia Zahidi, Manging Director of the World Economic Forum for more.

Clicks reports solid FY earnings, outlines plans to increase online presence

Clicks reported a jump in full year earnings, declaring a final dividend of 450 cents per share. The company was deemed an essential service during lockdown, with its stores stayed open. With the intention to use its reach and distribution network, Clicks announced that it wants to sell a Covid-19 vaccine once it becomes available. Clicks CEO, Vikesh Ramsunder joins CNBC Africa for more.

#ENDSARS: Nobel Laureate Wole Soyinka on how to address the unrest in Nigeria

On Tuesday violence erupted in Lagos, Nigeria. Some military personnel fired at youths protesting over police brutality and deep-rooted social injustices. CNBC Africa’s Kenneth Igbomor spoke to Nobel Laureate Wole Soyinka about the situation.

UTA President on responding to challenges & opportunities in Uganda’s tourism sector

Tourism is Uganda’s highest foreign exchange earner but low budget allocation to the sector is among issues affecting its growth. For more on the challenges as well as investment opportunities in the sector, CNBC Africa spoke to Pearl Kakooza, President of Uganda Tourism Association. She starts by explaining interventions made to help the sector recover from the effects COVID-19.

Rwanda passes new policy on privatization

In Rwanda, the Cabinet recently approved a new Privatization Policy and Strategy to improve the privatization process of state-owned enterprises as well as respond to the challenges observed.

How Rwanda plans to boost its tourism sector with skills development

Rwanda has positioned itself as a luxury tourism destination, taking the low-volume, high-value approach. In efforts to better service delivery in the tourism and hospitality industry, the country has invested heavily in skills development. CNBC Africa’s Tesi Kaven had a conversation with Julia Mut, the Global Program Manager of EF Education First, for more on how skills development can boost the tourism sector in Rwanda.

Altron CEO on Bytes UK listing & how COVID-19 presents opportunities for digital transformation

Altron has reported a 28 per cent increase in headline earnings per share, from the previous comparable period. This is from continuing operations. Despite the impact of COVID-19, the company has declared an interim dividend of 33 cents per share, up 14 per cent from August last year. Altron CEO, Mteto Nyati joins CNBC Africa for more.

Trademark East Africa: How to revive regional trade hit hard by COVID-19 lock-down

Regional trade has hit a snub as a result of the COVID-19 greatly affecting border communities and traders. But could there be a compromise to enable an accelerated bounce back? CNBC Africa’s Arnold Kwizera spoke to Trademark East Africa Country Director, Patience Mutesi Gatera for more.

Africa Tourism Partners on how to accelerate intra-African travel post-COVID-19

The levels of intra-African travel have remained low due a number of challenges including the cost of travel, lack of air connectivity as well as visa requirements.

IATA downgrades traffic forecast for Africa, a slow & painful recovery for the aviation industry expected

The International Air Transport Association has downgraded its traffic forecast for Africa for 2020, to reflect a weaker-than-expected recovery. IATA now expects full-year 2020 passenger numbers in Africa to reach only 30 per cent of 2019 levels. This is down significantly from the 45 per cent that was projected in July. Joining CNBC Africa to review the airspace developments in Africa and the Middle East is Adefunke Adeyemi, Regional Director for Advocacy and Strategic Relations in Africa, at IATA.

Insider Trading And Congress: How Lawmakers Get Rich From The Stock Market

In spring 2020, four U.S. senators faced accusations of using insider knowledge about the coronavirus crisis to sell off hundreds of thousands of dollars in stock. A couple of months later, the investigations into senators Kelly Loeffler (R-GA), Dianna Feinstein (D-CA), and James Inhofe (R-OK) were closed. Sen. Richard Burr (R-NC) stepped down as chairman of the Senate Intelligence Committee amid the allegations. Congressional insider trading has long been a hot button issue, and lawmakers continue to look for a way to put an end to the practice. In 2012, the STOCK (Stop Trading on Congressional Knowledge) Act was passed following allegations of insider trading before the 2008 financial crisis. However, experts say the law didn’t go far enough. Watch the video to find out how prevalent insider trading is in Congress and what’s being done, and what’s not being done, to stop it. CORRECTION (October 21, 2020): A previous version of this video mischaracterized the investment returns from several studies. They should have been characterized as basis points. » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News O...

Insider Trading And Congress: How Lawmakers Get Rich From The Stock Market

In spring 2020, four U.S. senators faced accusations of using insider knowledge about the coronavirus crisis to sell off hundreds of thousands of dollars in stock. A couple of months later, the investigations into senators Kelly Loeffler (R-GA), Dianna Feinstein (D-CA), and James Inhofe (R-OK) were closed. Sen. Richard Burr (R-NC) stepped down as chairman of the Senate Intelligence Committee amid the allegations. Congressional insider trading has long been a hot button issue, and lawmakers continue to look for a way to put an end to the practice. In 2012, the STOCK (Stop Trading on Congressional Knowledge) Act was passed following allegations of insider trading before the 2008 financial crisis. However, experts say the law didn’t go far enough. Watch the video to find out how prevalent insider trading is in Congress and what’s being done, and what’s not being done, to stop it. » Subscribe to CNBC: https://cnb.cx/SubscribeCNBC » Subscribe to CNBC TV: https://cnb.cx/SubscribeCNBCtelevision » Subscribe to CNBC Classic: https://cnb.cx/SubscribeCNBCclassic About CNBC: From 'Wall Street' to 'Main Street' to award winning original documentaries and Reality TV series, CNBC has you covered. Experience special sneak peeks of your favorite shows, exclusive video and more. Connect with CNBC News Online Get the latest news: https://www.cnbc.com/ Follow CNBC on LinkedIn: https://cnb.cx/LinkedInCNBC Follow CNBC News on Facebook: https://cnb.cx/LikeCNBC Follow CNBC News on Twit...

How architecture can help in the fight against coronavirus

CNBC Africa spoke with Christian Benimana, Senior Principal and Managing Director, MASS Design Group on the role of architecture in fighting a pandemic.

Why harmonization of travel protocols is key to reviving tourism in East Africa

From lockdowns and curfews to testing and quarantines, each member state of the East African Community has employed its own ways to deal with the COVID-19 pandemic. Now as the region undertakes revival of tourism, experts believe harmonizing travel protocols would be vital. Fred Odek, outgoing Chairperson of the East Africa Tourism Platform joins CNBC Africa for more.

How Rwanda is leveraging tech to empower its teachers

It has been noted that building digital skills for the future is a key component in economic and social development.

How SA can prepare for a second COVID-19 wave in Europe

Europe has seen a significant increase in COVID-19 cases in recent weeks, with a second wave of COVID-19 threatening economies – economies that have already been battered by the pandemic. One of the concerns is South Africa’s preparation for the surge in cases in Europe. The markets are also looking at the looming U.S. Presidential election, and performance of emerging markets in the fourth quarter. Jameel Ahmad, Director of Investment Strategy at NAGA joins CNBC Africa for more.

Long4Life CEO: Here’s where we see expansion opportunities

Investment firm Long4Life has reported a 75.5 per cent drop in interim profit, following a significant disruption on all group businesses, due to COVID-19. Long4Life - which owns Sportsmans Warehouse and Sorbet - has reported that trading profit for the six-months ended August declined to R49.1 million. Group revenue fell by 22.6 per cent to R1.4 billion. Long4Life CEO, Brian Joffe joins CNBC Africa for more.

#ENDSARS: Unrest escalates in Nigeria

Tensions in Nigeria are escalating, as citizens call for an end to Police brutality. About two weeks ago unrest erupted, with Nigerians voicing out their anger over abuses by the Special Anti-Robbery Squad. Thousands have taken to the streets, with peaceful protesters being shot and killed. Amnesty International has blamed security forces. A curfew has also been imposed in the capital Lagos. CNBC Africa’s Kenneth Igbomor and Onyekachi Adekoya, Managing Director at PR24 Nigeria share more insight.

UNCTAD on how to tackle trade barriers in Africa

Non-Tariff Barriers are among the main obstacles to intra-African trade. A report by the United Nations Conference on Trade and Development (UNCTAD) shows that African countries could gain USD20BN each year by tackling these barriers at the continental level. CNBC Africa spoke to the Economic Affairs Officer at UNCTAD, Giovanni Valensisi, for more on trade barriers in Africa.

Tough conditions impact StanChart Kenya’s half-year results

Standard Chartered Kenya has reported a decline in the bank’s half year earnings while at the same time taking an interesting route of increasing its loan provisions. CNBC Africa’s Arnold Kwizera caught up with the bank’s CEO Kariuki Ngari for more.

Latest

WEF: How the rise of machines & AI will shape future of work

COVID-19 has accelerated the need for digitisation in the workspace – bringing both challenges and opportunities. In its latest future of work report, the World Economic Forum expects advances in artificial intelligence to eliminate 85 million jobs by 2025. In the same breath, the rise of machines is projected to create 97 million new jobs, leading to an overall addition of 12 million jobs. CNBC Africa spoke to Saadia Zahidi, Manging Director of the World Economic Forum for more.

Clicks reports solid FY earnings, outlines plans to increase online presence

Clicks reported a jump in full year earnings, declaring a final dividend of 450 cents per share. The company was deemed an essential service during lockdown, with its stores stayed open. With the intention to use its reach and distribution network, Clicks announced that it wants to sell a Covid-19 vaccine once it becomes available. Clicks CEO, Vikesh Ramsunder joins CNBC Africa for more.

#ENDSARS: Nobel Laureate Wole Soyinka on how to address the unrest in Nigeria

On Tuesday violence erupted in Lagos, Nigeria. Some military personnel fired at youths protesting over police brutality and deep-rooted social injustices. CNBC Africa’s Kenneth Igbomor spoke to Nobel Laureate Wole Soyinka about the situation.

UTA President on responding to challenges & opportunities in Uganda’s tourism sector

Tourism is Uganda’s highest foreign exchange earner but low budget allocation to the sector is among issues affecting its growth. For more on the challenges as well as investment opportunities in the sector, CNBC Africa spoke to Pearl Kakooza, President of Uganda Tourism Association. She starts by explaining interventions made to help the sector recover from the effects COVID-19.

Rwanda passes new policy on privatization

In Rwanda, the Cabinet recently approved a new Privatization Policy and Strategy to improve the privatization process of state-owned enterprises as well as respond to the challenges observed.