RnB sensation, Yvan Buravan, launched his first ever studio album after 4 years of hit music. CNBC Africa’s Michael Mugisha sat down with him, for a discussion around the industry.
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Download logoSouth Africa’s rugby (www.SARugby.co.za) playing schools have been challenged to join the Springboks in their fight against hunger by joining the #StrongerTogether for R32-12 campaign. SA Rugby’s hunger alleviation campaign was launched a few weeks ago and with the R700,000 mark getting closer, the South African Schools Rugby Association has joined the challenge. Millions of South Africans are going hungry each day as unemployment has risen rapidly due to the COVID-1
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COVID-19 lock-down: This is how much SA’s alcohol ban cost the economy
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.
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Absa May manufacturing index surprises
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.
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COVID-19: Are Rwanda’s taxi motorbikes equipped for return?
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.
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Health care group RH Bophelo lists on the Rwanda Stock Exchange
South African multi-million health care company, RH Bophelo today cross-listed on the Rwanda Stock Exchange, making it the 9th company to be listed on the RSE stock market. This comes at a time when another South African company, Cimerwa PPC is also planning the same move. Celestin Rwabukumba, CEO, Rwanda Stock Exchange joins CNBC Africa for more.
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“Stop this culture of frivolous allegations” former World Bank Treasurer Arunma Oteh defends African Development Bank President
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CNBC Africa celebrates 13 years on air
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Capital Appreciation’s Bradley Sacks on COVID-19 impact on business
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.
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