Zenith Bank CEO on earnings, fintechs & Nigeria’s role in the AfCFTA

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South Africa’s Sasol cuts production, sales target due to COVID-19 lockdown

South African petrochemicals giant Sasol Ltd on Wednesday cut its guidance for synthetic fuel production and liquid fuel sales for this financial year due to a three-week nationwide lockdown linked to coronavirus.

How COVID-19 cooked the golden goose – The SA chef who went from golden days to zero.

“The smaller jobs would cover your costs and a big corporate gala dinner, with 200 people, would be the cherry on top,”

Twitter CEO Jack Dorsey pledges $1 billion of Square stake for COVID-19 relief efforts

Twitter Inc (TWTR.N) Chief Executive Officer Jack Dorsey on Tuesday pledged $1 billion of his stake in Square Inc (SQ.N), the payments processor that he co-founded and heads, to help fund relief efforts related to the coronavirus pandemic.


Nigeria’s largest bank, Zenith reported a 7.9 per cent increase in its full year 2019 profits. CNBC Africa’s Esther Awoniyi caught up with the Group Managing Director and CEO of Zenith Bank, Ebenezer Onyeagwu to breakdown the bank’s 2019 earnings.

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Rand hits record low, goes over 19 to dollar as Fitch downgrades SA further into junk status

Last Friday Moody’s, the last rating agency to rate South Africa investment grade, cut South Africa’s sovereign credit rating to junk in line with economists’ forecast. Today Fitch further downgraded the country sending the rand plunging over 19 rand to the dollar. Below it gives its reasons...

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Nigerian markets await DMO April bond auction

Traders say Nigeria’s April bond auction may not hold on the back of Nigeria's 14-day lockdown but adds that the Debt Management Office would keep paying this month’s coupons. Bankole Odusanya, Head of Fixed Income trading at UBA joins CNBC Africa for this discussion.

UBS Wealth on investment opportunities amid COVID-19 crisis

Analysts at UBS Global Wealth Management say the near term disruption in the financial markets as a result of the coronavirus pandemic presents potentially attractive entry points to the related longer-term themes.

COVID-19 business survival – Billionaires run off their feet in the dash for cash.

The applicants reflect a cross section of South African small business: a wine bottling company with three employees and facing closure; a private school; a travel agent; a beauty parlour; a company supplying solar power for households wanting to go off the grid along with scores of shops and restaurants.

Global leaders issue G20 call to action to co-ordinate world response to COVID-19

A group of 165 past and present global leaders have come together to demand the creation of a G20 executive task force and an immediate global pledging conference to approve and co-ordinate a multi-billion dollar fund to fight against the COVID-19 pandemic.
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