CEO Interviews

AfCFTA: Wamkele Mene on why the free trade deal is Africa’s COVID-19 stimulus plan

The African Continental Free Trade Area promises to be of the biggest economic stimuli for trade on the African continent. But like many projects, it has been hampered by the Covid-19 pandemic. The deal, which aims to boost intra-Africa trade, was launched over a year ago. Commerce was due to start this month; however, it will be implemented in January due to delays. Wamkele Mene, Secretary-General of the African Continental Free Trade Area spoke to CNBC Africa for more....

CSCS CEO on how the company is responding to the COVID-19 crisis

Shareholders of the Central Securities Clearing System approved dividend payments which translate to a 22.8 per cent year-on-year growth in returns to shareholders.

How will SA finmin Mboweni cut expenditure?

As the dust settles from South Africa’s emergency budget announcement, economist and ratings agencies have expressed their pessimism towards the finance minister Tito Mboweni’s ability to cut expenditure and deliver on his debt stabilisation plan. Joining CNBC Africa for this discussion are Mamello Matikinca-Ngwenya, Chief economist at FNB, Nicky Weimar, Chief Economist at Nedbank and Murtaza Moulvi, Head of Financial Markets at Standard Chartered Bank....

Olusegun Obasanjo on COVID-19 lessons for African economies & the AfCFTA

The operationalization of the African Continental Free Trade Area agreement was supposed to take place at the beginning of this month but just like many developments it has been set back by the COVID-19 pandemic. CNBC Africa spoke to former Nigerian President Olusegun Obasanjo on how AfCTA can get back on track.

Ian Williamson outlines his plans for Old Mutual

After two stints as acting CEO of Old Mutual, the pan- African Financial services group has made official Iain Williamson’s role as head of the company. Williamson first served as acting Old Mutual in 2017 and again in 2019 when the company fired its former CEO Peter Moyo following a conflict of interest that resulted in breakdown of trust and confidence. Iain Williamson joins CNBC Africa for more.

This crowdfunding initiative is helping vulnerable Lagosians during COVID-19

A new private sector-led initiative is looking to crowd source funds from Nigerians to help about two million Lagosians whose livelihoods have been severely impacted by the Covid-19 pandemic. Yomi Adedeji, CEO of Softcom and Convener of the HelpNow Initiative joins CNBC Africa for more.

How COVID-19 has impacted the progress of Dangote Refinery

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.

This new ITC tool seeks to empower women in trade

A new tool by the International Trade Centre aims to track policies for women in trade.

African airlines brace for severe turbulence as the impact of COVID-19 deepens

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.

Latest

WHO acknowledges ‘evidence emerging’ of airborne spread of COVID-19

But in an open letter to the Geneva-based agency, published on Monday in the Clinical Infectious Diseases journal, 239 scientists in 32 countries outlined evidence that they say shows floating virus particles can infect people who breathe them in.

Zimbabwe’s health minister, accused of corruption, sacked: statement

HARARE (Reuters) - Zimbabwe’s President Emmerson Mnangagwa has sacked health minister Obadiah Moyo with immediate effect for inappropriate conduct, a statement from...

Senegal slave island, moved by George Floyd’s death, renames Europe Square

“But we also said to ourselves...that in another sense it is celebrating the persecutor,” he said. “What happened to George Floyd was the final straw.”

Ivory Coast’s 2020 growth seen sliding to 0.8% due to pandemic

ABIDJAN (Reuters) - Ivory Coast’s gross domestic product growth is expected to slow to 0.8% in 2020 compared to a previous forecast...

Omnia delivers solid results from a stabilised business

South Africa's biggest fertilizer producer Omnia was profitable in the year to March after extensively restructuring its business units. Omnia CEO, Seelan Gobalsamy joins CNBC Africa to breakdown the results.