Telkom to connect fibre to Soweto

Fibre has finally made it from the suburbs to Soweto; this morning Telkom launched its first rollout of Fibre at Orlando West High School which is believed to be one of many. CNBC Africa Yolanda Mabanga spoke to Telkom CEO Sipho Maseko for more.

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The extent of the impact of COVID-19 on Kenyan manufacturing

A study has shown that COVID-19 has caused cash flow constraints for an estimated 79 per cent of manufacturers in Kenya resulting in reduction of casual labourers by 40 per cent and 17 per cent of the permanent workers. Job Wanjohi, Head of Policy at Kenya Association of Manufacturers joined CNBC Africa for more.

East African youth ready to step up in fight against Covid-19

Yesterday the findings of an East African Covid-19 Youth survey of over 400 young people from the region were released. The survey was conducted by youth leadership development program, YouLead in partnership with Restless Development and others; and among the findings it was revealed that at least 90 per cent of the participants would want to play an active role in their country’s response efforts if they were given the opportunity. CNBC Africa spoke to the Country Director of Restless Development Uganda, Catherine Rodgers and one of the participants in the survey, Patrick Karekezi for more.

Here’s how Invest In Africa is helping Kenyan SMEs survive Covid-19

With Small and Medium-sized Enterprises (SMEs) and the informal sector making up a vast majority of the businesses and job opportunities in sub-Saharan Africa, ensuring their survival is crucial to the continent’s economic recovery and growth post Covid-19. CNBC Africa spoke to Wangechi Muriuki, Country Manager of Invest In Africa Kenya to learn more about what’s being done to provide this necessary support.

COVID-19: How is Ghana protecting its small and medium scale businesses?

In the wake of the COVID-19 pandemic, Ghana has rolled out some palliatives including a 600 million cedis stimulus package for small and medium scale businesses with the aim of minimising the exposure of these businesses to the economic fallout of the pandemic. Joining CNBC Africa to discuss this initiative is Kosi Yankey-Ayeh, Executive Director of the National Board for Small and Medium Scale Industries in Ghana.

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Tsogo Sun Hotels FY profits plunge, COVID-19 lock-downs weigh

Hospitality Group Tsogo Sun Hotels reported a 31 per cent plunge in full year headline earnings per share, with Covid-19 resulting in demand from international tourist retracting in the fourth quarter, due to global lock-downs.

Nampak swings into H1 loss, suffers R3bn impairment

Nampak swung to a half year loss of R2.4 billion as revenue plunged and it impaired its Angola and Nigeria assets by R3 billion, which is four times its market value. The also warned that future profits were in South Africa were at risk from the ban on alcohol sales due to Covid-19 lock-downs. Nampak CEO, Erik Smuts joins CNBC Africa for more.

How COVID-19 impacts the health & well-being of children

Research shows that children have a lower rate of contracting the Coronavirus and bringing infections to the household. This should provide comfort to South African parents that are in two minds about sending their kids back to school next week, when physical teaching is set to resume. Epidemiologist, Dr Boshoff Steenekamp joins CNBC Africa for more.

Rebosis rolls out COVID-19 testing stations outside malls

Property Group Rebosis, has partnered with government to roll out testing stations for Covid-19 outside its shopping malls in Pretoria – South Africa’s capital. However, foot traffic into these malls is expected to have dived due to the virus lock-downs prevented non-essential stores from trading. Rebosis is yet to release its interim results. Rebosis CEO Sisa Ngebulana joins CNBC Africa for more.

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