With insurance penetration in Rwanda still extremely low, the insurance sector has come up with ways of innovating in order to boost the amount of people who are covered. CEO of Prime Insurance Ltd, John Mirenge joins CNBC Africa to discuss what’s happening in the space to not only boost the numbers, but to prepare for the Fourth Industrial Revolution (4IR).
Nigeria’s planned electricity tariff hike which was earlier scheduled for the first of July has been postponed until the first quarter of 2021. This decision was taken by the leadership of the National Assembly after a meeting with the regulators NERC, and representatives of electricity distributors. George Etomi, Director of the Eko Electricity Distribution Company joins me to discuss this story and more.
The World Bank says both the demand and supply of side of the global commodities market has been affected by the COVID-19 pandemic. Independent Commodities Expert, Edward George joins CNBC Africa for a look at what to expect from the soft commodities markets in the second half of the year.
It is the first day of July and this month’s activities at Nigeria’s fixed Income market will begin with a Treasury Bills auction as the Debt Management Office intends to rollover a total of 88.8 billion naira across the standard tenors. So what can we expect from the market in the second half of the year? Constance Onyia, Fixed Income Dealer at Access Bank joins CNBC Africa for more.
As most organisations now turn to the digital space and adapt to remote working, cybersecurity security awareness is increasing. A study from Trend Micro found that 66 per cent of remote workers in Nigeria, Kenya and South Africa are more conscious of their organisation’s cybersecurity policies since the COVID-19 lockdowns began. Indi Siriniwasa, Vice President of Sub Saharan Africa at Trend Micro joins CNBC Africa for more.
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On top of this, the fact that this was a contract won at one end of the continent by an entrepreneur from another end of continent also bodes well for the pan-African future of business.
The much debated Protection of Personal Information Act is being put to bed. President Cyril Ramaphosa announced on the 22nd of June that all operational provisions of POPIA will officially commence on 1 July 2020, except for two provisions, sections 110 and 114(4), which will only commence on 30 June 2021. Is it worth it for businesses not to comply and what are the security issues around it? Wale Arewa, CEO of Xperien and Leishen Pillay, Associate Director of Privacy and Technology at Deloitte join CNBC Africa to give insight.
Is the South African government prepared to let go of control of its ailing airline South African Airways in a bid to save it? "We are not obsessed with control," the deputy director general of the Department of Public Enterprises was quoted as saying. He added that the government was ready to cede management control to private investors. What does this mean for business - is it practical? Air News Editor, Heidi Gibson joins CNBC Africa for more.
Traders say there’s a likelihood of oversubscription and further drop-in stop rates following today’s Treasury Bills Auction by Nigeria’s Debt Management Office. Bankole Odusanya, Head of Fixed Income Trading at UBA joins CNBC Africa to discuss the details....
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Beijing has rushed to push through a new national security law in Hong Kong. Critics fear the legislation threatens civil liberties promised to the territory through July 1, 2047. The city’s special status with the U.S. also appears to be under thr
After several years of losses, Tesla has delivered three straight profitable quarters since the third quarter of 2019 and surprised investors with solid first-quarter deliveries despite the virus outbreak.
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