70% of Kenyans have been victims of digital financial transaction fraud

Over 70 per cent of Kenyans have been victims of financial fraud, with majority of Kenyan banking leaders singling out SIM swaps. Joining CNBC Africa is Fabien Delanaud, General Manager of Myriad Connect to discuss their band authentication and SIM swap detection solutions to the local market.

Related Content

World Bank: Nigeria faces worst recession in four decades

The World Bank says the collapse in oil prices coupled with the COVID-19 pandemic is expected to plunge the Nigerian economy into a severe economic recession, the worst since the 1980s. Tilewa Adebajo, CEO of CFG Advisory joins CNBC Africa for more.

COVID-19: Vetiva Capital’s fiscal outlook for Nigeria

Vetiva Capital Management says although Nigeria’s total debt to GDP ratio is below the suggested prudential upper band of 40 per cent for developing economies, a higher than projected fiscal deficit, high cost of borrowing and weaker Naira may further limit Nigeria’s fiscal space and reduce the capacity to respond to the Covid-19 crisis. Mosope Arubayi, Chief Economist at Vetiva joins CNBC Africa for more.

Roelof Botha: SA’s construction industry in need of COVID-19 recovery plan, here’s why

The Afrimat Construction Index for the first quarter of 2020 has shown significantly depressed figures with the index itself falling by more than 27 per cent. Roelof Botha, Economist and Head of the Afrimat Construction Index, urges that these figures prove how important the recovery plan is for the construction sector.

Andela goes fully remote in response to COVID-19

The global talent network that helps companies build remote engineering teams, Andela, recently announced its move to go fully remote and expand its presence in all African countries. But what exactly are the pros and cons of the remote working model? Wambui Kinya, Vice President, Partner Engineering at Andela joins CNBC Africa for more.

Subscribe to our newsletter

Sign up for free newsletters and get more CNBC AFRICA delivered to your inbox

More from CNBC Africa

Kenya announces phased re-opening of the country from coronavirus lockdown

NAIROBI (Reuters) - Kenya’s President Uhuru Kenyatta announced on Monday a phased re-opening of the country from a lockdown imposed to curb...

Australia’s Prospect Resources picks advisor for sale of Zimbabwe lithium mine

HARARE (Reuters) - Australian-listed Prospect Resources said on Monday it had picked Renaissance Securities Capital as its exclusive financial advisor for the...

This crowdfunding initiative is helping vulnerable Lagosians during COVID-19

A new private sector-led initiative is looking to crowd source funds from Nigerians to help about two million Lagosians whose livelihoods have been severely impacted by the Covid-19 pandemic. Yomi Adedeji, CEO of Softcom and Convener of the HelpNow Initiative joins CNBC Africa for more.

How COVID-19 has impacted the progress of Dangote Refinery

Despite the Covid-19 pandemic, work is still on-going at the 650 000 barrels per day Dangote Refinery, which is expected to be commissioned in January next year. The company’s Group Executive Director Devakumar Edwin joins CNBC Africa to share some insight on the progress.

Partner Content

Maktech’s Godwin Makyao: Now Is A Time of Entrepreneurial Opportunity in East Africa

As an executive decision-maker in both the telecommunications and tourism industries, Godwin Makyao could not have experienced a more diverse set of...

Sanlam launches urgent job-preservation initiative in response to COVID-19

Sanlam Investments is responding to the COVID-19 pandemic through large-scale support of the recovery of South African companies, from small enterprises to...

Trending Now

Morocco’s economy to contract 13.8% in Q2, 4.6% in Q3 – planning agency

Rabat (Reuters) - Morocco’s economy is expected to contract by 13.8% in the second quarter under the impact of the coronavirus lockdown,...

What’s Next For The U.S. Economy: Gary Shilling

Financial analyst Gary Shilling says the stock market could be set for a big pullback similar to the decline in the 1930s during the Great Depression. He explains how the coronavirus pandemic will result in long-term structural changes in the economy

Nigerian equities dip further

The NSE All Share Index was the lone laggard among the African bourses last week shedding 1.99 per cent. What can we expect from the Lagos bourse this week? Ayodeji Ebo, Managing Director of Afrinvest Securities joins CNBC Africa for more....

Naira Outlook: CBN working on gradual unification of exchange rates

No doubt Nigeria's currency has come under pressure in recent months; the Central Bank of Nigeria says it is working towards the gradual unification of exchange rates. But what does the CBN's recent move in asking lenders to bid for dollars at 5 per cent above the official rate mean for the markets going forward? Victor Aluyi, Head of Portfolio Management at Comercio Partners joins CNBC Africa for more.
- Advertisement -