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EOH Exco chop salaries by 25%; ask staff to cut by 20%

Technology group EOH narrowed its first half loss per share from continuing operations, while group revenue fell 14 per cent and costs rose. EOH CFO, Megan Pydigadu joins CNBC Africa for more.

SA’s COVID-19 lockdown: 14000 companies apply for UIF assistance

South Africa’s 21 Day lockdown has forced many companies to shut during the period. As a consequence, many people have had to take unpaid leave while some may not have a job waiting for them when the lockdown lifts because of the fragile state of the economy. Teboho Maruping, Commissioner of the Unemployment Insurance Fund spoke to CNBC Africa on how government is helping?

Rupert fund overwhelmed by duplicate applications

Applications for the Rupert family’s R1 billion small business fund, now known as The Sukuma Relief Programme opened on Friday. To find out what the response has been CNBC Africa is joined by Mark Paper, Chief Operating Officer at Business Partners International.

How the Bank of Kigali is tackling the COVID-19 crisis

Rwanda's leading bank, the Bank of Kigali has announced their contribution to the country's relief efforts in a statement outlining concessions they're making for vulnerable clients, and the fund of over $296,000 that the institution will be handing over to the Government to oversee distribution of cash and supplied to families affected by the Covid-19 crisis. Bank of Kigali CEO, Diane Karusisi joins CNBC Africa for more.

Altron eyes London listing for Bytes UK

Altron plans to separate its UK assets from its African operations via a London listing. The technology group says the listing, still at planning stage will unlock value for its shareholders. Mteto Nyati, CEO Altron joins CNBC Africa for more.

How Volkswagen is responding to COVID-19 in Africa

Globally car markets are using existing manufacturing facilities to make ventilators to fight COVID19. South Africa’s government believes car makers here can do the same.

Kenya, US start talks on trade agreement

The US Trade Department has started negotiations on a comprehensive trade agreement with Kenya in a move that will extend Kenya’s preferential access as the current trade arrangement under the Africa Growth and Opportunity Act (AGOA) closes in 5 years. If successful, the United States would forge its first bilateral trade accord with a sub-Saharan African country. Grant Harris CEO, Harris Partners LLC joins CNBC Africa for more.

COVID-19: Nigeria delays electricity tariff hike for 3 months

The Nigerian Electricity Regulatory Commission says there will be no tariff action in April, as the proposed increase in electricity tariffs initially slated for today has been delayed for three months. Nigeria's electricity regulator also notes that tariffs will only be raised as the Distribution Companies improve the quality of supply, meter customers and agree with consumers on rates. George Etomi, Director of the Eko Electricity Distribution Company joins CNBC Africa for more.

History chooses its people, says Basa’s new CEO Bongiwe Kunene

“History chooses its people.” You don’t need too much insight to get the context of these words from a woman with arguably one of the toughest jobs in South African business. Bongiwe Kunene is the new head of the Banking Association of South Africa – replacing veteran Cas Coovadia. She is walking straight into a banking world dogged by junk status, poor growth and COVID-19.

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Rupert family fund oversubscribed; applications temporarily suspended

Applications for the Rupert family’s R1 billion small business fund, The Sukuma Relief Programme, which opened on Friday, have temporarily been suspended.

EOH Exco chop salaries by 25%; ask staff to cut by 20%

Technology group EOH narrowed its first half loss per share from continuing operations, while group revenue fell 14 per cent and costs rose. EOH CFO, Megan Pydigadu joins CNBC Africa for more.

SA launches green fund to drive investment into SMMEs

R488 million – that’s how much the Green Outcomes Fund has set aside for fund managers to increase investment in green Small, Medium and Micro-sized Enterprises. To discuss the fund - the first of its kind, CNBC Africa is joined by Tine Fisker Henriksen: Innovative Finance Lead, UCT GSB Bertha Centre and Mark van Wyk: Head of Unlisted Investments, Mergence Investment Managers.

Sarb guides banks to put dividends, bonuses on hold

South Africa’s Reserve Bank has guided banks to put dividends and executive bonuses on hold to help reduce stress on the banking sector from fighting Covid19. For more on this recommendation as well as other directives to ensure the health of the sector, CNBC Africa is joined by Unathi Kamlana, Head of Policy Statistics and Industry Support at the Prudential Authority.

Nigerian banking index gains but industrial goods sector declines

Investors are taking a keen interest in banking stocks today but the Industrial goods sector is facing a steep decline. Dare Fajimolu, Chief Research Officer at Blue Vertex joins CNBC Africa for a recap of today’s trade.