south africa

CNBC Africa is spoke to Adrian Gore, CEO, Discovery for more on the company’s half-year performance. 

Discovery Group reports 34% surge in HY headline earnings

Harmony Gold reported a 19 per cent increase in revenue, boosted by higher gold prices. While gold production dipped slightly, underground grades improved, keeping the company on track to meet its financial targets. 

Harmony Gold’s H1’25 HEPS improves 33%

CNBC Africa is joined by Michael Bolliger, Chief Investment Officer: Emerging Markets, UBS Global Wealth Management for more. 

UBS 2025 global investment outlook 

Rwanda’s market turnover during the week decreased by 41.7 per cent to 133.6 million from 228.7 million Rwandan Francs. Market activity majorly concentrated on Bralirwa, which accounted for 86.0 per cent of market turnover. 

Rwandan market update

The global trade war is set to intensify as the world’s largest economy, United States announced new tariffs that are set to hit China, Mexico and Canada. 

Trump tariffs on Canada, Mexico take effect

Bank of Ghana Governor, Johnson Asiama says the 2025 budget which will be presented on March 11th, will include measures to address food inflation among other measures to address economic issues in the country.

Ghana to introduce inflation curbing measures in 2025 budget 

Cement giants in Nigeria, BUA, Lafarge and Dangote Cement reported improved results in 2024 driven by record-high sales volumes and upward price adjustments. 

Price hike, sales volume drive Nigeria cement giants’ topline growth

Investment bank and financial services group, United Capital has reported a surge in its Profit After Tax which rose by 111 per cent to 24.1 billion naira in 2024. The company also recorded a 5 per cent decline in gross earnings in the same period. 

United Capital PAT up 111% in FY'24 

Boosting local processing, providing support to cocoa farmers, and investing in research and development are some strategies Nigeria hopes to introduce to become a powerhouse in cocoa production in Africa. 

Rethinking Nigeria's cocoa strategy

Ghana has suspended its Gold-for-Oil programme it started in 2022. The new Governor of the Bank of Ghana, Johnson Asiama, says the decision follows some challenges the policy has encountered which has led to financial losses. 

Ghana suspends gold-for-oil programme

New EFInA CEO, Foyinsolami Akinjayeju, joins CNBC Africa for this discussion. 

Deepening financial inclusion in Nigeria 

For more on this performance, CNBC Africa is joined by Brimstone CEO, Mustaq Brey.

SOUTH AFRICA