The NSE All Share Index appreciated by 1.5 per cent last week as all indices except the NSE banking stocks index and the oil and gas stocks finished higher during the week.
The Nigerian Stock Exchange published guidance for virtual board, committee, and management meetings for stakeholders as the world grapples with the COVID-19 outbreak. Oscar Onyema, CEO of the NSE joins CNBC Africa to discuss how the NSE has been responding to the pandemic.
As countries across Africa source intervention funds to battle the economic impact of the COVID-19 pandemic, with Nigeria’s economy especially taking a hit from falling oil prices and local currency devaluation, Sam Chidoka, Managing Director and CEO of Kairos Capital joins CNBC Africa to discuss how these events are impacting Nigeria's economy.
Closing Bell West Africa
Nigeria's Debt Management Office says it reappraised its borrowing plans and now hopes to raise an earlier approved external borrowing of 850 billion naira from domestic sources. Dipo Ajayi, Head of Fixed Income and FX at Chapel Hill Denham joins CNBC Africa to assess Nigeria's debt strategy.
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In 2006, little known economics professor Nouriel Roubini warned that the US housing market was at risk of collapsing. Fast forward two years and it did, triggering the global financial crisis. Roubini, now known is Dr Doom is forecasting another economic depression, contradicting the consensus view the recovery from Covid-19 will be V-shaped. Dr Adrian Saville, CEO of Cannon Asset Managers joins CNBC Africa for more.
With students working from home, companies across industries forced to move online and video conferencing services being more utilized now than ever; broadband, WiFi and mobile data capacity seems to be getting tested like never before. So can internet service providers stand up to the test? Robert Nkeramugaba, Senior Network Operations Manager, BSC joins CNBC Africa for more.
In Uganda, according to president Yoweri Museveni, the country will go ahead with its plan to re-open the country despite recording more than 150 Covid-19 cases in three days. Moreover, European Union gives Uganda about $198 million to fund coronavirus response. CNBC Africa spoke to Qatahar Raymond Mujuni, a journalist for more.
Sanlam Emerging Markets and its partners on the African continent invest over $12 million to fight COVID-19
As we go through this global pandemic together, it is the little things we miss. A high five, a handshake, a walk...
Demand for oil has fallen to unprecedented levels, resulting in oil prices turning negative for the first time in history. From the price war between Saudi Arabia and Russia to the pandemic, CNBC’s Nessa Anwar explores what this might mean for the commodity in the long-term. ----- Subscribe to us on YouTube: http://cnb.cx/2wuoARM Subscribe to CNBC International TV on YouTube: https://cnb.cx/2NGytpz Like our Facebook page: https://www.facebook.com/cnbcinternational Follow us on Instagram: https://www.instagram.com/cnbcinternational/ Follow us on Twitter: https://twitter.com/CNBCi...
South Africa’s aviation sector partially reopened from Covid-19 lock-down’s this week, with the resumption of domestic business travel being allowed to take off. To understand what steps have been taken to maximise passenger safety at the country’s airports we speak with Refentse Shinners, Group Executive of Corporate affairs at the Airports Company of South Africa.
Sean Cannell makes tens of thousands of dollars a month as a professional Amazon reviewer. As part of the Amazon Affiliate program, Cannell reviews camera gear on his Think Media YouTube channel and makes a cut of every sale those reviews generates o
The COVID-19 pandemic, coupled with South Africa’s slowing economy has created a double setback for the construction industry. That’s according to financial services group Old Mutual. Last month construction firms, Group Five and Esor, both in business rescue announced that they would be delisting from the JSE. Today, WBHO warned annual profits would plunge 150 per cent, reflecting the impact of the Covid-19 lock-downs. Ian Woodley, Analyst: Old Mutual Equities and Arthur Karas, Portfolio Manager: Old Mutual Investment Group Macro Solutions join CNBC Africa for more.
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