At the ongoing Edo State ‘Alaghodaro’ Summit CNBC Africa spoke to Nosak Group Chairman Toni Ogunbor, about his expectations from the three day conference.
The Nigerian Stock Exchange upgraded its issuers’ portal on Monday. The portal was developed to ensure electronic delivery of issuers’ mandatory filings in a structured way for stakeholders in the capital market. Tinuade Awe, Executive Director for the Regulation Division of the NSE joins CNBC Africa for more.
Moody’s Investors Service says the longer-lasting negative effects of the COVID-19 pandemic on credit profiles of Africa countries will leave them with diminished capacity to absorb future shocks. Moody’s Vice-President, Kelvin Dalrymple joins CNBC Africa for more.
The African Development Bank says an additional 49 million Africans could be pushed into extreme poverty by the Covid-19 pandemic and its aftermath. This was in the updated forecast of the Africa Economic Outlook, where they expect Central Africa and West Africa to be the hardest-hit regions. Kayode Akindele, Partner at TIA Capital joins CNBC Africa for more.
Domestic operations in Nigeria’s aviation industry will commence from Wednesday the 8th of July. Captain Dele Ore, a Retired Pilot and Chairman of the Board of Trustee of the Aviation Safety Round Table Initiative joins CNBC Africa for more.
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The company headed by Elon Musk this month posted a smaller-than-expected fall in car deliveries in the second quarter, resilient results despite the pandemic that hit the global auto industry.
President Ramaphosa also admitted that there was a shortfall of 12000 healthcare workers. Despite this there were 28000 hospital beds as well as 37000 private quarantine beds for those unable to isolate at home, along with 1700 ventilators.
Non-Muslims will no longer be criminalised for drinking alcohol in private, Justice Minister Nasredeen Abdulbari told state television. For Muslims, the ban will remain. Offenders are typically flogged under Islamic law.
UAE financial centers act as a gateway to benefit African businesses GCC, July 13th, 2020: Tata International Limited (TIL)...
Uber, in partnership with Mastercard to provide 120,000 free trips to frontline workers in MEA, including South Africa, Nigeria, Kenya, Ivory Coast...
The people who bring us the unfettered truth are becoming thinner and thinner on the ground. In these days of COVID-19 journalist jobs are disappearing faster than most. Ten years ago there were 10,000 journalists in South Africa. In March this year there were 5,000. In the last three months that number has dwindled to just 2,500, according to the South African National Editor's Forum. What next? Hopewell Radebe, Journalist with SANEF joins CNBC Africa for more.
More and more companies, engaging in price gouging, are finding themselves in a spot of bother, as consumers refuse to stand for it. The Competition Tribunal has confirmed three more consent agreements, relating to COVID-19 excessive pricing complaints. Since April, over 20 agreements have been confirmed. Bob Makukunzva, Lawyer at Gwina Attorneys joins CNBC Africa for more.
he vast market created by AfCFTA will provide an immediate boon to nascent plans being guided by the African CDC, NEPAD and others to produce various critical healthcare items such as pharmaceutical compounds, PPE and ventilators in countries such as Nigeria, South Africa and Kenya.
The number of new confirmed COVID-19 cases across Britain each day has been falling from a peak of more than 6,000 in April to 650 in the latest figures released on Sunday, despite wider availability of testing.
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