SA Reserve Bank cuts repo rate by 25 basis points

As mentioned previously, the South African Reserve Bank has lowered the repo rate by 25 basis points, to 3.5 per cent. Joining CNBC Africa to look at how this further cut of interest rates means for South Africa locally and internationally are Annabel Bishop, Chief Economist at Investec and Elina Ribakova, Deputy Chief Economist at the Institute of International Finance.


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ZSE to resume trading after a month long shutdown

The Zimbabwean Stock Exchange will resume trading today after a month long shut down as the government ordered an investigation against illegal foreign dealings by some companies.

Explainer: How the next WTO chief will be chosen and the task ahead

In so-called “confessionals”, members will tell this “troika” their preferences, without ranking them and without vetoes in a process expected to last two months. The first phase will be on Sept 7-16. Voting on the next director-general is seen only as a last resort if consensus cannot be reached.

COVID-19: IMF approves second RFI loan to Gabon

Gabon is added to the list of African countries that have received an IMF loan under the Rapid Financing Instrument scheme; this is also the second loan to the country amid the COVID-19 crisis bringing the total loan to $300 million. Ridle Markus, Africa Strategist, Absa Corporate and Investment Banking joins CNBC Africa for more.

COVID-19: EAC countries resume commercial flights

East Africa Community member states, Rwanda and Kenya on the 1st of this month opened up their airspaces to commercial flights after more than four months of lock-downs. So what kind of impact will this have on the struggling aviation sector? Derek Nseko, Aviation Industry Expert and Managing Director iFly Aviation spoke to CNBC Africa for more.

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