Nigeria’s MPC voted to maintain the status quo at the MPC meeting on Tuesday but what does this mean for investor confidence in the country? Kemi Akinde, Chief Economic Officer at Meristem Securities joins CNBC Africa for more.
As part of our #LockdownLessons series, Bizcommunity (www.Bizcommunity.com) is reaching out to its Press Office clients and South Africa's top industry players to share their experience of the current Covid-19 crisis, how their organisations are navigating these unusual times, where the challenges and opportunities lie, and their industry outlook for the near future. What was your initial response to the crisis/lockdown and has your experience of it been different to what you expecte
COVID-19 highlights in the ECOWAS region as at 25th May, 2020. Distributed by APO Group on behalf of West African Health Organization (WAHO).Media filesDownload logo
Coronavirus – Africa: Urban refugees struggling to survive as economic impact of COVID19 worsens in East, Horn and Great Lakes of Africa
Download logoThis is a summary of what was said by UNHCR spokesperson Charlie Yaxley – to whom quoted text may be attributed – at today’s press briefing at the Palais des Nations in Geneva. Refugees in urban areas across the East, Horn and Great Lakes region of Africa are struggling to meet their most basic needs as the economic impact of COVID19 begins take hold. UNHCR, the UN Refugee Agency is working closely with governments and partners to find solutions for urban refug
Africa Women Innovation and Entrepreneurship Forum (AWIEF) Awards 2020 call for nominations announced
The Africa Women Innovation and Entrepreneurship Forum (AWIEF) (www.AWIEForum.org) is pleased to announce the call for nominations for AWIEF Awards 2020. This year marks the fourth edition of the highly-anticipated AWIEF Awards which serves as the premier platform to highlight achievements in women entrepreneurship across Africa. AWIEF Awards are Africa’s top honours for female founders and entrepreneurs designed to recognise and celebrate their contribution to the growth of Africa&rsqu
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Capital Appreciation, a JSE fintech player raised its final dividend by over 17 per cent following an increase in annual revenue and profits. The payment solutions provider saw increased demand for its digital and cloud based services and said the Covid-19 pandemic has not impacted earnings negatively. Bradley Sacks, Joint CEO at Capital Appreciation joins CNBC Africa for more.
After a two month ban on liquor sales, stores reopened today and thirsty consumers were waiting in line to replenish their stock. While the industry expects liquor sales to spike in the coming days, the ban on sales during the Covid-19 lock-downs has cost over 117,000 jobs. That’s according to the South African Liquor Brand owners Association (SALBA). SALBA CEO, Kurt Moore joins CNBC Africa for more.
The rand is rallying. Eight million people are back at work. Petrol will cost one rand and eighteen cents per litre more from next month and the latest Absa Purchasing Managers Index business activity sub-index rebounded to 43.2 in May after collapsing to an all-time low of 5.1 in April. The magnitude of the increase is surprising, given that most parts of the manufacturing sector could only operate at 30 per cent of employment capacity in May due to lockdown. Miyelani Maluleke, Economist at Absa Corporate and Investment Banking joins CNBC Africa for more.
Last night the Rwandan Prime Minister's office announced that the previously slated date of reopening of passenger motorbikes - which was meant to be today - has been extended until further notice. As the country gears up to reallow taxi-motorbikes to start operating again after over 2 months of being out of service due to Covid-19 measures; tech and mobility company, Pascal Technology has been hard at work equipping them to meet new regulatory measures. CNBC Africa spoke to Pascal Ndizeye, CEO and Founder, Pascal Technology to gauge their progress.
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...
While Germany has one of the highest numbers of coronavirus cases in Europe, its death rate is significantly lower than its neighbors. CNBC’s Timothyna Duncan explores the strategies the country has employed to manage the spread of the disease. ----- 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...
“Stop this culture of frivolous allegations” former World Bank Treasurer Arunma Oteh defends African Development Bank President
"So my appeal really is that we dispense of this issue. That we stop this culture of frivolous allegations around the times of elections. And allow the African Development Bank to support the African continent at this important time.”
With all of the changes to this year’s Pride lineup, many are left wondering how these virtual events will maintain their support of small LGBTQ+ owned businesses, like restaurants, bars, and brick-and-mortar stores, as well as LGBTQ+ focused nonpr
Today, June 1st marks our 13th Anniversary at CNBC Africa. As we celebrate our work and experiences at a time when the world is subdued by the coronavirus, here are views of some of our top analysts and friends from over the years....
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