Home World Economic Forum

World Economic Forum

World Economic Forum: The Outcomes of WEF Davos – An African Perspective

Iain Williamson, Interim CEO of Old Mutual joins CNBC Africa to discuss the most important take outs from the Forum, on pressing topics such as Africa’s economies, inclusive financial growth, infrastructure, the impact of technology, and trade....

African billionaire Dr Patrice Motsepe apologises for Trump comments at Davos dinner

By Dr Patrice Motsepe on his remarks to President Donald Trump at Davos dinner I’m aware of the lively,...

World Economic Forum: Creating a Credible and Trusted Digital Currency

The possibility of a trusted global digital currency has sparked political, economic and regulatory discussions worldwide. What trends are shaping the future of digital currencies? On the Forum Agenda: Addressing financial inclusion, implications for security and digital trust, role of central banking and supervision....

#WEF20: Providing clean energy in fragile contexts

Investing in energy infrastructure has the potential not only to bring down the cost and carbon footprint in areas of displacement and fragility, but also to transform the humanitarian system. What models are most promising to catalyse investments for cleaner and cheaper energy in fragile environments?

World Economic Forum: EnQuest CEO on how to tackle the climate change crisis

CNBC International spoke to Amjad Bseisu, the CEO of EnQuest about what the consequences are if UK and European investors push oil and gas companies to hard resulting in them not investing in European assets.

World Economic Forum: Davos 2020: South Africa Press Conference

Team South Africa, led by Minister of Finance, Tito Mboweni, supported by several Cabinet Ministers, the Central Bank Governor and business give an update on key outcomes emanating from engagements at the UK-Africa Investment Summit and the World Economic Forum in Davos....

World Economic Forum: Davos 2020: Confronting the Weaponization of the World Wide Web

Once hailed as a force for free expression, open internet platforms are increasingly used to spread disinformation and extremist views. How can artificial intelligence and machine learning protect open platforms and their users in an era of weaponized information?...

World Economic Forum: President Akufo-Addo on Ghana’s response strategy for climate change

Ghana’s President, Nana Akufo-Addo says the country’s national budget reflects its commitment towards the implementation of the Sustainable Development Goals (SDGs). He made this remark while speaking on Ghana’s climate change strategy, economic transformation and more at a press conference in the ongoing World Economic Forum in Davos.

World Economic Forum: UBER CEO Khosrowshahi on company’s growth prospects in 2020

CNBC International spoke with UBER CEO, Dara Khosrowshahi to discuss the company's growth prospects in 2020.

World Economic Forum: When Your Doctor Is a Robot

The detection and diagnosing of illnesses continues to improve via artificial intelligence (AI). What steps do leaders need to take to ensure the ethical and responsible application of AI and robotics in medicine? Join an in-depth discussion that explores the principles and priorities for governing disruptive technologies....

World Economic Forum: Ending Modern Slavery

More than 40 million people are victims of modern slavery; seven out of ten victims are women and one in four are children. How can we end the fastest-growing global crime and address the forces that enable modern slavery?...

World Economic Forum: BMO CEO on the future of finance

CNBC International spoke with the Darryl White, the CEO of BMO Financial Group asking him if he thinks it’s inevitable that rates cuts will be coming out of the Bank of Canada.

World Economic Forum: Volkswagen CEO on tech ventures, partnerships & future plans

At the ongoing World Economic Forum Annual Meeting in Davos, CNBC International had a conversation with CEO of Volkswagen (VW), Herbert Diess on their current performance and future plans.

World Economic Forum: “Global economy growth below potential” –Standard Chartered CEO Bill Winters

The CEO of Standard Chartered, Bill Winters, says the global economy is growing below potential but adds that global growth and trade should pick up this year. Winters made this statement in a chat with CNBC on the sidelines of the World Economic Forum in Davos.

World Economic Forum: Global resource consumption passes 100bn tonnes/YR – Circularity Gap Report

The global economy is consuming 100 billion tonnes of materials a year for the first time ever but re-use of resources has gone into reverse. That’s according to the 2020 Circularity Gap Report launched at the World Economic Forum in Davos by Circle Economy. Marc De Wit, Director of Strategic Alliances at Circle Economy joins CNBC Africa to unpack the report.

World Economic Forum: Strategic Outlook: Africa

From the rise of weather-related disasters such as Cyclone Idai to new companies revolutionizing Africa’s gig economy, major trends are affecting the region. How will policymakers, businesses and innovators shape the continent's future in the coming year?...

World Economic Forum: The Future of Financial Markets

Financial markets have performed at an all-time high in the past decade, yet systemic shifts and technological disruption loom large on the horizon. What can make markets more resilient for the future?...

World Economic Forum: Siemens CEO Joe Kaeser on its global growth strategy

At the ongoing World Economic Forum Annual Meeting in Davos, CNBC International spoke to CEO of Siemens, Joe Kaeser for an outlook on the multinational conglomerate company.

World Economic Forum: Strategic Outlook: Emerging Markets

Foreign direct investment in emerging markets is at its lowest level since the 1990s, with weak productivity and borrowing costs exacerbated by a strong US dollar. What is on the horizon for emerging markets in 2020? On the Forum Agenda: Managing US dollar vulnerabilities, shifting to tighter financial markets, weathering globalization risks....

#WEF20: Why Old Mutual is committing $8.3bn towards creating inclusive and sustainable economies

Khaya Gobodo, Managing Director of Old Mutual Wealth joins CNBC Africa to discuss the group’s $8.3 billion commitment towards creating inclusive and sustainable economies.

#WEF20: Trump says African-born Elon Musk is like Thomas Edison, he needs to be protected, here’s why

Elon Musk, who was born in South Africa was praised by US President Donald Trump, here's why...

World Economic Forum: Barclays CEO Jes Staley on climate change, renewable energy & the banks’ future plans

At the ongoing World Economic Forum Annual Meeting in Davos, CNBC International had a conversation with CEO of Barclays, Jes Staley on the banks future plans and possible investments in carbon related products.

World Economic Forum: The Global Impact of a Tech Cold War

From tariffs to blacklists, technology companies are at the epicentre of global tensions over the control of strategically important industries. With the United States and China securing themselves as strong cyberpowers, what are the implications for the rest of the world?...

World Economic Forum: Carrie Lam on economic impact of Hong Kong protests

CNBC international spoke with Hong Kong's chief executive Carrie Lam at the World Economic Forum meeting in Davos about The city's recent Moody’s ratings downgrade and the economic impact from the Hong Kong protests.

World Economic Forum: The Business Case For Safeguarding Nature

Ecosystems provide an irreplaceable foundation for economic growth, human health and prosperity, yet they are decaying at a record speed. What is the role of business in reversing nature loss and restoring the planet’s vital natural systems? On the Forum Agenda: How to build sustainable value chains, how to scale high-impact innovations, when to implement nature-based solutions. This session contributes to the work of the Forum's Nature Action Agenda, Natural Climate Solutions Alliance and the Friends of Ocean Action projects....

World Economic Forum: Shaping the Future of the Digital Economy

A strategic review of the industries, institutions and initiatives driving systemic change. This panel looks at how the competitive landscape changed since a year ago and the key business challenges and opportunities in 2020....

Where you’re born determines the opportunities you get in life, says the World Economic Forum

For decades, political and economic policies have been built on the promise of helping people do better than the generations before them. But still today, in 2020, the opportunities we get in life remain largely dictated by the socio-economic circumstances we’re born into.

World Economic Forum: Shaping the Future of Financial and Monetary Systems

A strategic review of the industries, institutions and initiatives driving systemic change. On the Forum Agenda: How has the competitive landscape changed since a year ago? What are the key business challenges and opportunities in 2020? What should be strategic priorities in the decade ahead?...

World Economic Forum: Bob van Dijk: Why we are excited about India, recyclables

The booming Chinese tech industry gives opportunities for big gains from that marketplace. CNBC International spoke to one of the Chinese big tech players, Group CEO of Naspers and Prosus, Bob van Dijk, about how he looks at Chinese tech industry.

World Economic Forum: Botswana’s Mokgweetsi Masisi on why the youth, leapfrogging present a big advantage for the country’s growth

CNBC International spoke with the president of Botswana Mokgweetsi Masisi at this year’s World Economic Forum on his plan to push Botswana's growth potential locally and internationally.


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.