Acacia Mining delists from Dar es Salaam Stock Exchange

According to the Dar es Salaam Stock Exchange Plc, Acacia mining officially delisted from the bourse on Monday, two months after the company was delisted from the London Stock Exchange (LSE) Group. This will cut the DSE’s total market capitalization by $1.182 billion. Also Vodacom Tanzania earnings rose by 6.5 per cent in the six months to September 2019, driven by strong revenue growth in its M-Pesa, mobile data and messaging services. Alpha Marwa, Managing Partner at Vervet Global Tanzania joins CNBC Africa for more.

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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.

Kenyans face 10-year jail term for not reporting bribery under new law

Efforts by Kenyan government to fight bribery and corruption seem to have been of little avail since the crime has overtaken procurement-related fraud as the most common economic crime. Now the country has resorted to punish individuals who fail to report cases of bribery with a fine of Ksh5 million or a 10-year jail terms under a proposed law. Charles Kanjama, Advocate at the High Court of Kenya joins CNBC Africa for more.

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