CEO Interviews

Court sides with Eskom over dispute with Nersa

In a decision that surprised many, South African High Court favoured Eskom dispute with energy regulator Nersa today.

Vukile bucks the trend with strong results in a tough environment

At a time when many property companies are struggling Vukile has posted healthy performance. The group reported a continued strength in their Southern African portfolio and well diversified sources of funding. Vukile Property Fund CEO, Laurence Rapp joins CNBC Africa for more.

Boxer Superstores opens its 300th store despite COVID-19 crisis

Boxer Superstores, a subsidiary of Pick n Pay have recently opened its 300th store amid the Covid-19 storm that has hurt many South African retailers. The group also plans on opening its Polokwane distribution centre by the end of this year and sees many more expansions in the horizon. Marek Masojada, Managing Director of Boxer Superstores joins CNBC Africa for more.

Mastercard on how to accelerate financial inclusion amid the COVID-19 crisis

The great lock-down as it has come to be called accelerated the need for innovative ways as it became more evident that getting financial support to those most in need had become a practical challenge. But how quick could countries accelerate financial inclusion, Raghav Prasad, Division President, Sub-Saharan Africa, Mastercard joins CNBC Africa for more.

Toyota SA presses ahead with expansion despite COVID-19 headwinds

At a time when most companies are cutting back with their building, Toyota South Africa announcement a new R365 million parts warehouse construction. How are they doing this amid the restrictions of the lock-down and how sure are they that enough cars will be sold to make the project pay its way? Leon Theron, Senior Vice President of Sales & Marketing of Toyota joins CNBC Africa for more.

COVID-19 lock-down: Sisa Ntshona on how to reopen SA’s tourism industry

For more than 90 days South African’s lived with a travel ban. President Cyril Ramaphosa announced earlier this month that the country will ease on its travelling restrictions, but on Friday Travel and Tourism minister Mmamoloko Kubayi-Ngubane made it clear that there will be no leisure travelling between provinces. It’s likely to cripple an already struggling tourism industry and by how much? SA Tourism CEO, Sisa Ntshona joins CNBC Africa for more.

Sorbet CEO on customer safety & hygiene practices during COVID-19

A number of leisure businesses are reopening under advanced level 3 lock-down. Sorbet is a nail and beauty business with a number of successful franchises nationwide, the group reopened its salons last week and joining CNBC Africa for more is Linda Sinclair, CEO of Sorbet.

Nestlé introduces second Starbucks At Home range in SA

Nestle South Africa is introducing its second phase of the Starbucks At Home range in retail stores such as Checkers, Pick ‘n Pay, Spar and Makro. The launch comes amid the Covid-19 crisis taking a knock on traditional coffee houses and some non-essential products. Nestle South Africa CEO, Bruno Olierhoek joins CNBC Africa for more.

Kulula Founder on plans to launch a new domestic airline in SA

Kulula founder and hotel disrupter, Gidon Novick is setting his eye back onto the aviation industry as he hopes to launch a new low-cost domestic airline in South Africa. This is amid the chaotic global aviation industry and South Africa’s depressed airline market. Joining CNBC Africa for more is Gidon Novick, Founder of Kulula and the Former CEO of Comair.

Latest

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.

South Africa has bad record on keeping budget promises: Fitch

JOHANNESBURG (Reuters) - South Africa has a poor track record of implementing debt and spending reductions plans, ratings firm Fitch said on...

Africa’s top publisher to close South African publications, cut jobs

JOHANNESBURG (Reuters) - South African media and e-commerce group Naspers plans to lay off more than 500 employees and close a number...

Battles rages for control of the National Lottery

Ithuba says Hosken Conslidated Investment's constant legal attacks are an attempt to take back control of the National Lottery from a black business woman. Charmaine Mabuza, Founder and Chief Executive Officer of Ithuba joins CNBC Africa for more.