Marriott International plans further expansion in Africa

Marriott International this week announced further expansion plans in Africa with seven new hotel signings. The move is in line with the company’s target to hit over 200 hotels with 37,000 rooms open or in the pipeline by 2022.

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The African Continental Free Trade Area promises to be of the biggest economic stimuli for trade on the African continent. But like many projects, it has been hampered by the Covid-19 pandemic. The deal, which aims to boost intra-Africa trade, was launched over a year ago. Commerce was due to start this month; however, it will be implemented in January due to delays. Wamkele Mene, Secretary-General of the African Continental Free Trade Area spoke to CNBC Africa for more....

How will COVID-19 impact Nigerian banks’ half-year earnings?

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CSCS CEO on how the company is responding to the COVID-19 crisis

Shareholders of the Central Securities Clearing System approved dividend payments which translate to a 22.8 per cent year-on-year growth in returns to shareholders.

How will SA finmin Mboweni cut expenditure?

As the dust settles from South Africa’s emergency budget announcement, economist and ratings agencies have expressed their pessimism towards the finance minister Tito Mboweni’s ability to cut expenditure and deliver on his debt stabilisation plan. Joining CNBC Africa for this discussion are Mamello Matikinca-Ngwenya, Chief economist at FNB, Nicky Weimar, Chief Economist at Nedbank and Murtaza Moulvi, Head of Financial Markets at Standard Chartered Bank....

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Battles rages for control of the National Lottery

Ithuba says Hosken Conslidated Investment's constant legal attacks are an attempt to take back control of the National Lottery from a black business woman. Charmaine Mabuza, Founder and Chief Executive Officer of Ithuba joins CNBC Africa for more.

Rwanda reopens meetings & conferences to revive COVID-19 hit hospitality sector

After months of lock-down, Rwanda Convention Bureau announced that the country will reopen meetings and conferences, as it tries to revive the tourism and hospitality sector. Janet Karemera, Deputy CEO of the Rwanda Convention Bureau joins CNBC Africa for more.

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COVID-19: What the reopening of domestic flight operations means for Nigeria’s aviation industry

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Omnia delivers solid results from a stabilised business

South Africa's biggest fertilizer producer Omnia was profitable in the year to March after extensively restructuring its business units. Omnia CEO, Seelan Gobalsamy joins CNBC Africa to breakdown the results.

South Africa has bad record on keeping budget promises: Fitch

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