As the Covid-19 pandemic continues to affect every aspect of life, real estate company Alphacrux carried out a survey to determine the impact of the pandemic on the residential real estate market in Lagos. Alphacrux CEO, Tobi Adama joins CNBC Africa more.
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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No doubt the COVID-19 pandemic has been the black swan event of the year, as it continues to redefine everyday life across the world. But Africa cannot afford to hold back on its development strides, as the continent still has a huge infrastructure deficit to plug. South African freight and railway company Thelo DB recently signed a Memorandum of Understanding with the government of Ghana to develop a rail project that will foster regional integration. Thelo DB Chairman, Ronnie Ntuli joins CNBC Africa’s Kenneth Igbomor for more....
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“There are two people dead that I know of and many injured,” said the person, who was not authorized to speak to the media.
“People have that ignorance of looking at chocolate like it’s something from abroad, that can’t be made in Africa,” Kalinda said, stirring the pot. “We decided to break that rule.”
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