This morning the new president of Malawi will arrive at his desk in the hope of delivering the change in business he promised during his election campaign that delivered a rare victory. Opposition leader Lazarus Chakwera won 58 per cent of the vote over the incumbent Peter Mutharika in a re-run to make up for a disputed election in May last year. That ballot was called the tippex election because so many changes were made to voting papers to ensure a dubious Muthuarika victory that was overturned by the courts. Business Consultant and Patron of the Malawi Chapter of the Chartered Institute of Marketing, Mercus Chigoga joins CNBC Africa for more.
The media industry globally has come under immense strain as a result of the COVID-19 pandemic, with both big and small players in the sector announcing staff layoffs and salary cuts. How exactly can this sector bounce back? CNBC Africa spoke to David Omwoyo, CEO of Media Council of Kenya, for more.
The share index at the Uganda Securities Exchange dropped by about 4 percentage points as a result of the COVID-19 pandemic though the bourse’s CEO Paul Bwiso remains upbeat about the performance, He spoke CNBC Africa to for more.
The African Free Continental Free Trade Area agreement was scheduled to be operationalized on the 1st of July but due to the COVID-19 pandemic, various heads of state have agreed to a new date for what will become the continent’s biggest trade deal, CNBC Africa to Albert Muchanga, AU Commissioner for Trade and Industry on the way forward for the AfCFTA deal.
The Financial Sector Conduct Authority has published the Conduct Standard for Banks, which aims to regulate and supervise banking institutions, and to promote the treatment of financial customers. Having successfully undergone the Parliamentary process, the Conduct Standard has been made final. Joining CNBC Africa for this discussion is Kedibone Dikokwe, Divisional Executive, Conduct of Business Supervision at the Financial Services Conduct Authority and Adri Grobler, Manager, Legislation & Regulatory Oversight in the Market Conduct Division at the Banking Association of South Africa.
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In the wake of COVID-19 many listed companies have offered rights issues in order to raise capital during these trying times, but according to Oasis Asset Management there are good and bad equity issuances. Joining CNBC Africa for more is Adam Ebrahim, CEO of Oasis Asset Management.
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