Telecoms Company Telkom is suspending its dividend policy for the next 3 years as it prioritises its capital investment programme ahead of its nearing auction of spectrum.
Despite the Covid-19 pandemic, work is still on-going at the 650 000 barrels per day Dangote Refinery, which is expected to be commissioned in January next year. The company’s Group Executive Director Devakumar Edwin joins CNBC Africa to share some insight on the progress.
The global top 100 companies have continued to outperform industry peers even amid the market volatility caused by Covid-19. Microsoft, Apple Netflix and Tesla are amongst those who have seen increased market capitalisation during Covid-19, joining CNBC Africa for more is Alice Tomdio, Director of Capital Markets at PwC Nigeria.
The International Air Transport Association is urging governments in Africa and the Middle East to create alternatives to airline arrival quarantine, as this would allow economies to re-start whilst avoiding the risk of increasing Covid-19 cases. Muhammad Albakri, Regional Vice President for Africa and the Middle East at the International Air Transport Association joins CNBC Africa for more.
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“Before we can begin to rebuild, we must clear the rubble of corruption, for it has left our taxes in ruins; we must clear the rubble of donor dependency, for it has left our dignity in ruins,” he added.
I heard President Cyril Ramaphosa comment that he is currently spending 18 to 20 hours a day in meetings. None of us are in quite the same position as the President, but we face great challenges with our time and mental resources. When work and home are one and the same, it’s easy to blur or forget the boundaries.
In the coming days or weeks, their bodies will turn from pink to yellow, their wings will harden and, if nothing is done to stop them, they will begin to swarm, with disastrous consequences for agricultural production and the environment.
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