IMF: Global GDP to contract 4.4% in 2020

The International Monetary Fund says the World’s economy will contract by 4.4 per cent this year describing it as the worst crisis since the great depression. The IMF also says that Sub-Saharan Africa’s economy will decline by 3 per cent. Also, Finance Minister and Central bank Governors of the G20 group will meet today to address issues ranging from the COVID-19 to a possible extension of the debt relief initiative for poor countries. Niyi Flade, CEO of Crusader Sterling Pensions joins CNBC Africa for more.

More from CNBC Africa

RHT Holding, Tondeka Metro partner to deliver smart mobility in Uganda

Mauritian company RHT Holding and Uganda’s Tondeka Metro Company have signed an agreement to bring state-of-the-art technology and fleet management support that is expected to transform public transport in Kampala over the next three years. Dr. Sidharth Sharma, CEO of RHT Holding Group joins CNBC Africa for more on enhancing mobility on the continent.

A2X CEO reflects on the last three years, COVID-19 & outlook on company listings

Three years after launching, South African stock exchange A2X now has 37 securities listed. The alternative stock exchange has five of the country’s top six brokers trading on the exchange, and a combined market cap of over R2.1 trillion. Joining CNBC Africa to unpack the journey and latest developments is Kevin Brady, CEO of A2X.

Tshokolo Nchocho on how the IDC is responding to COVID-19 crisis

The IDC and its financing subsidiaries recorded a loss of R3 billion for the year ended March, compared to a profit of R226 million in the previous financial year. A large contributor was a drop in the value of the IDC’s listed share portfolio. Sasol alone set the IDC back R22 billion, as the share price plummeted due to the Lake Charles Project challenges and the oil price war. Joining us to review those numbers is Tshokolo Nchocho, CEO of the Industrial Development Corporation.

Ugandan court suspends ruling banning cross-border lending

A ruling that that banned foreign banks from participating in syndicated loans in the Ugandan banking sector was suspended last week by the country's High Court. Rama Omonya, Advocate and Political Analyst in Uganda joins CNBC Africa for more.

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The future of banking; digitization and collaboration as growth accelerants

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Star Quality Speaker Line-Up at Africa Tech Festival 2020

Acknowledged as the world’s largest Africa-focused digital infrastructure and emerging tech event, the Africa Tech Festival has always attracted a stellar line-up of critical thinkers, analysts, futurists, keynote and inspirational speakers. 2020 will more than deliver on that reputation, with a stimulating array of visionary industry presenters, raconteurs and even some sporting greats.

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