Corporate South Africa has been the marred with fraud and corruption in recent months but very little has been done to hold those involved accountable in South Africa. Joining CNBC Africa to talk about Corporate South Africa is Mncane Mthunzi, President of the Black Management Forum.
Download logoHighlights As of 26 May 2020, there are 75 confirmed cases of COVID-19 reported in Libya, including three deaths. In May, 1,009 incidents of access constraints have been reported, 67 per cent were directly or indirectly related to COVID-19. Priority health response activities include support for health rapid response teams, personal protective equipment, lab diagnostic kits and supplies, establishment and support to isolation sites, as well as capacity building and ed
Coronavirus – Africa: COVID-19 hygiene measures must be enforced in schools set to reopen in West and Central Africa, says Save the Children
Schools in Burkina Faso, Mali and Senegal that closed to contain the spread of COVID-19 reopen in about ten days. As thousands of children prepare to return to school across West and Central Africa, it is essential that hygiene measures required to slow COVID-19 are in place, says Save the Children. About 12 million children have been affected by school closures across Burkina Faso, Mali and Senegal. Whilst welcoming the decision of authorities to reopen schools, the agency is warning they m
Download logoHIGHLIGHTS Several countries in Southern and Eastern Africa have reported a significant uptick in daily cases over the past week, including Kenya and South Africa. All countries in Southern and Eastern Africa have now been affected by the pandemic, with Lesotho recording its first case on 13 May. Cross-border transmission is a rising concern. The pandemic has gained considerable pace in the region: numbers of people who contracted COVID-19 rose from 6,848 in 24 coun
Coronavirus – Africa: Global Education Coalition facilitates free internet access for distance education in several countries
Download logoMajor mobile telephone operators that are part of UNESCO’s Global Education Coalition have stepped up efforts to improve connectivity by providing free access to online educational content for students in all regions of the world affected by Covid-19 induced school closures. “While the Global Education Coalition supports both online and offline solutions, aiming towards connectivity for all is an important imperative, especially when our data shows that 43% of the wor
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Access to Finance Rwanda in partnership with the African Management institute, the Private Sector Federation and others, has launched a new webinar series dubbed, ‘The Business Survival Bootcamp’, through their website, SME Response Clinic. The program is designed to help entrepreneurs navigate the unique challenges that have presented themselves as a result of the Covid-19 pandemic and is slated to begin next week. Head of Programs at AFR, Jean Bosco Iyacu joins CNBC Africa for more.
East Africa's share of private equity transactions has slowly been rising over the years, but this growth momentum has now been disrupted by the Covid-19 pandemic. What will it take for private equity firms in the region to weather the Covid-19 storm and bounce back? David Owino, Managing Partner at Ascent Capital joins CNBC Africa for more.
Rwanda’s agriculture sector employs 80 per cent of the population and contributes 33 per cent to her GDP growth. Now, with Covid-19, many farmers have incurred losses due to difficulties in the market and agriculture players have reiterated the need for investing in post-harvest agriculture technologies. Diana Mugwaneza, Programs Officer at Rwanda Development Organization, joins CNBC Africa for more.
The Central Bank is expected to roll over maturing treasury bills worth 60 billion naira in today’s Primary Market Auction. Gbemisola Bello-Aromire, Fixed Income Dealer joins CNBC Africa to discuss sentiments in Nigeria’s fixed income and FX markets....
Moody’s Analytics Chief Economist Mark Zandi says investors are too optimistic about a quick economic rebound from the coronavirus pandemic. He explains what policymakers should do to boost the recovery and discusses longer-term changes in the econ
On Wednesday, South African Finance Minister Tito Mboweni announced the appointment of Abel Sithole as the Chief Executive Officer of the Public Investment Corporation (PIC) and Executive Director on the Board of Directors.
The old saying, “Age ain’t nothing but a number” has never been more true for 91-year-old business veteran Solly Krok. The entrepreneur who built the Gold Reef City casino, South Africa’s only Apartheid Museum and events facility Summer Place is not done yet. His latest business venture involves putting his legs to the test. Solly plans to walk 91 km to raise over a million rand to fund hunger and food security in South Africa, made worse by Covid-19.
Kenya’s government is facing growing criticism over quarantine centres it set up to curb the spread of the coronavirus, with witnesses saying some are squalid and expose residents to the risk of catching COVID-19.
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