Mondi – Hot or Not

News

Harmony Gold sees lower gold production during 21-day lockdown

Harmony Gold Mining Company said on Tuesday that it expects limited gold production during the 21-day lockdown in South Africa in the wake of the fast-spreading coronavirus.

Tanzania confirms first coronavirus death

Tanzania confirmed its first coronavirus death on Tuesday, Health Minister Ummy Mwalimu said in a statement.

JSE CEO on Moody’s downgrade & COVID-19 impact

The JSE is expected to see massive capital outflows from the bond market when South Africa gets kicked out the World Government Bond Index because of its junk status rating. But CEO Leila Fourie says the net market fallout may be limited by active fund managers picking up the slack from passive funds that dump our non-investment grade bonds. JSE Group CEO Leila Fourie joins CNBC Africa for more.


Mondi is dual-listed on the JSE and on the LSE and manufactures pulp, paper corrugated packaging, industrial bags and coatings. It has a market cap of R42 billion, a price to earnings ratio of 18.09 and a dividend yield of 2.32 per cent. Guest Andrew Dittberner, Old Mutual Private Client Securities and resident expert Paul Theron from Vestact decide whether Mondi hot or not.

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Featured

How SA’s small businesses can access the R1bn Oppenheimer fund

The richest man in South Africa has stepped in to offer a lifeline to small businesses in these difficult times. Nicky Oppenheimer – worth $7.5 billion dollars as we speak according to Forbes – has pledged a billion rand to fight COVID-19 and help out employees in SMME’s. It will transfer funds to employees through interest free loans and also plans to stimulate economic growth after the crisis. Nicky Oppenheimer joins CNBC Africa for more.

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How COVID-19 is transforming the way students are educated

In a matter of months COVID-19 has changed how students are educated after numerous countries put forward strict measures and closed schools. Robert Stephanus Kleynhans, Director, SABIS International School Runda joined CNBC Africa to give insight on how the education system in Kenya is responding to these changes and if the new solutions for education could bring much needed innovation in the sector.

The economic cost of Kenya’s COVID-19 curfew

Kenya recently put in place a partial lockdown to curb the spread of COVID-19 with a full shutdown likely to be imposed in light of increasing number of infections. Risk Expert, Caroline Gathii joins CNBC Africa to discuss the economic implications of this curfew.

UK’s health system can be deployed in almost military fashion, analyst says | Squawk Box Europe

Matthew Oxenford, lead U.K. analyst at the Economist Intelligence Unit, discusses Britain's response to the coronavirus pandemic.

AfDB President bids farewell to Victor Oladokun, Director of Communication

“Victor joined the Bank two and half years ago, and has provided exceptional leadership on communication. He has led an outstanding team,” writes African Development Bank President, Dr Akinwumi Adesina.
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