On Friday Edcon group announced the closure of its Rosebank Edgars store, a move that surprised following last years agreement with landlords to reduce the groups rent. Today Massmart announced that it too could be shutting down Dion Wired and Masscash stores, with 1440 jobs on the line. Is this a trend of worse to come? Investment Analyst, Chris Gilmour joins CNBC Africa from the Scottish Highlands for more.
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.
United Capital says the only way is up for the equities market in the second half of the year, as they believe the market remains undervalued compared to emerging markets and frontier market peers. Wale Olusi, Head of Research at United Capital 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.
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