Since Steinhoff collapsed in 2017 and lost over 90 per cent of shareholder value, many have been wondering when and if any legal action would be taken. The much anticipated PwC report is likely to offer ammunition to this cause. Zain Lundell, one of the lawyers responsible for the South African class action lawsuit against Steinhoff, joins CNBC Africa for more.
Niyi Falade, CEO of Crusader Sterling Pensions joins CNBC Africa for some insight on how Nigeria’s Pension Fund Administrators plan to weather the Covid-19 storm in the second half of the year.
A cooperative and cohesive public and private sector healthcare system would be the best response to the Covid-19 crisis in South Africa; this is according to representative organisations of South Africa's medical profession and the Progressive Health Forum. However, according to Dr Aslam Dasoo authorities have not engaged with the private healthcare sector as much as it should, Dr Dasoo, Member of the Progressive Health Forum joins CNBC Africa for more.
It was announced this week that Rwanda has been confirmed as the newest host of the secretariat for the East Africa Tourism Platform. The body, which was established back in 2011, has received $250,000 as part of a two year partnership deal with Trademark East Africa to support its operations. So as the struggling tourism industry gears up for a comeback, what’s the next move? CNBC Africa spoke to the DG of the Rwanda Tourism Chamber, Frank Gisha Mugisha for more.
Ethiopia continues to suffer unrest after the killing of a popular musician on Monday sparked protests that have claimed over 80 lives. Political and Economic Analyst, Mikael Arage joins CNBC Africa for more.
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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.
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