African Bank CEO: How COVID-19 has impacted the bank’s earnings

African Bank reported a half-year loss after taking a R550 million charge for bad debts. The company made a net loss after tax of 111 million rand compared to a profit of R533 million in the same period last year. African Bank CEO, Basani Maluleke joins CNBC Africa for more.

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More and more companies, engaging in price gouging, are finding themselves in a spot of bother, as consumers refuse to stand for it. The Competition Tribunal has confirmed three more consent agreements, relating to COVID-19 excessive pricing complaints. Since April, over 20 agreements have been confirmed. Bob Makukunzva, Lawyer at Gwina Attorneys joins CNBC Africa for more.

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What lies ahead for the COVID-19 hit journalism industry?

The people who bring us the unfettered truth are becoming thinner and thinner on the ground. In these days of COVID-19 journalist jobs are disappearing faster than most. Ten years ago there were 10,000 journalists in South Africa. In March this year there were 5,000. In the last three months that number has dwindled to just 2,500, according to the South African National Editor's Forum. What next? Hopewell Radebe, Journalist with SANEF joins CNBC Africa for more.
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