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<p>Okomu Oil Palm recorded a 74.6 per cent rise in half-year revenue, with post-tax profits for the period also rising by 138 per cent. CEO of Okomu Oil Palm Graham Hefer joins CNBC Africa to break down the drivers of their earnings.</p>


Okomu Oil Palm  half-year profit up 138%

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<p>Engineering workers affiliated to metal workers union Numsa have threatened to go on strike over a wage dispute with employers in the sector.</p>


Numsa threatens industrial action in steel and engineering sector

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<p>Almost 80 per cent  of Africa&#8217;s C-suite executives are optimistic about business growth this year. This is according to Mazars Global C-suite Barometer. This view is supported by the short term strategies that the surveyed businesses have implemented. Anoop Ninan, Co-CEO at Mazars joins CNBC Africa for more.</p>


Majority of Africa’s C-suite executives optimistic about growth outlook

Majority of Africa’s C-suite executives optimistic about growth outlook, survey finds

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<p>According to the Uganda Bureau of Statistics, the country&#8217;s economy increased to about $42.4 billion in the 2020/21 financial year $39.9 billion in the financial year 2019/20. The industry sector&#8217;s contribution increased to 16 per cent i in the 2020/21 financial year. Daniel Birungi, Executive Director at the Uganda Manufacturing Association spoke to CNBC Africa on building resilience and how the sector is navigating the storm.</p>


COVID-19: UMA’s Birungi on how to build resilience in Uganda’s manufacturing sector

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<p>The Government of Rwanda has successfully raised $620 million through the issuance of a 10-year Eurobond, the country’s Finance Ministry announced on August 2. The sale of new debt generated more than $ 1.6 billion in orders. Are investors increasingly interested in Rwanda? Kevin Daly, Fund Manager at Aberdeen Standard Investments spoke to CNBC Africa’s Julius Bizimungu for more.</p>


Making sense of Rwanda’s latest $620mn Eurobond issue

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<p>Royal Bafokeng Platinum reported a 446 per cent jump in headline earnings per share, for the six months ended June. This is from the previous comparable period. The company&#8217;s earnings were supported by strong metal prices and growth in the business. Royal Bafokeng Platinum CEO, Steve Phiri joins CNBC Africa for more.</p>


Royal Bafokeng Platinum delivers 466% jump in H1 HEPS

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<p>The buy now pay later online shopping model is adding more variety to online shopping and to the credit landscape. The trend has gained popularity in places like Europe and the US, with some big investors buying into the space. But what is the situation looking like in Africa? Payflex CEO, Paul Behrmanni joins CNBC Africa for more.</p>


How the ‘buy now pay later’ model is changing the credit landscape

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<p>Fintech startup, Kuda Technologies has raised $55 million in Series B funding. This is coming four months after they raised a $25 million series A round. Kuda Microfinance Bank CEO, Babs Ogundeyi joins CNBC Africa for more.</p>


Fintech startup Kuda Technologies concludes $55mn Series B funding

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<p>Lafarge Africa has declared 28.3 billion naira as profit in the first half of the year. Revenues also to 145 billion naira, CNBC Africa with the Chief Financial Officer of Lafarge Africa, Lolu Alade-Akinyemi for more.</p>


Lafarge Africa declares N28.3bn profit in H1

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<p>As Africa moves to deepen trade on the continent and its global partners, a complementary industry to drive this vision is the global shipping space. Captain Rahul Khanna says the shipping sector has shown great resilience through the pandemic as evidenced by the strong trade volumes. He is the Global Head of Marine Risk Consulting at Allianz Global Corporate and Specialty joins CNBC Africa to discuss the trends in that space.</p>


AGCS: Global ship losses decline 50% over 10 years

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<p>MTN Nigeria&#8217;s service revenue rose by 24 per cent in the first half of this year. The company&#8217;s revenue from data grew by 48.3 percent, while its fintech revenues also grew by 48.2 per cent as active subscriber base crosses the 6.1 million mark.  This year the mobile network operator will mark 20 years of operations in Nigeria and Chief Financial Officer at MTN Nigeria, Modupe Kadri  joins CNBC Africa for more.</p>


MTN Nigeria service revenue rises 24% in H1

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<p>It’s been rather busy in the low cost airline space in South Africa with airlines having to suspend and resume operations several times due to Covid-19 lockdown regulations. Well, new comer, Lift airlines has also has not been immune to these conditions. They resumed operations on Sunday after pausing during level 4 of the lockdown. Lift Co-Founder, Gidon Novick joins CNBC Africa for more.</p>


Lift Co-Founder

Why lockdown level 4 didn’t clip Lift’s wings?

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<p>The Government of Rwanda has successfully raised $620 million through the issuance of a 10-year Eurobond. The proceeds of the bond will be used partly to retire Rwanda’s existing Eurobond which is due in May 2023, in line with the country’s debt management strategy to proactively address the upcoming debt burden while taking advantage of the current conducive market. Finance Minister Uzziel Ndagijimana joins CNBC Africa for more.</p>


Finance Minister Ndagijimana on Eurobond issue

Finance Minister Ndagijimana on Eurobond issue, Rwanda’s path to economic recovery

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<p>The global freelance market size was estimated at $2.4 billion in 2018 and Africa accounts for only 2 per cent  of this value, although there has been an upsurge in the freelance market in the continent especially since the advent of the pandemic. According to Glove News Wire, the global market is projected to boom at a compound annual growth rate of 15.3 per cent during 2021-2026. Amadou Daffe, CEO of Gebaya Inc joins CNBC Africa for more.</p>


COVID-19: How the pandemic is creating more freelancing opportunities in Africa

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<p>Mauritius recently saw a surge in new COVID-19 cases as the country was planning to fully reopen the travel sector, which has driven Mauritius’s economic growth for a long time. What will it take for the Indian Ocean island nation to go back to it’s pre-Covid path? Mauritian Economic Analyst, Prem Sewpaul spoke to CNBC Africa for more.</p>


Can the Mauritian economy bounce back swiftly after Covid-19 crisis?

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<p>Last week, Treasury put in a proposal to allow South Africans partial access to their pension savings in a “two-pot system”.</p>


How Treasury’s proposal on pension funds could impact retirement industry

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<p>Courteville Business Solutions Plc has posted a profit after tax of 148.4 million naira in the first-half of the year, coming on the back of strong cost and financial control measures implemented by the management team Its revenue also grew to 873.2 million naira amid economic realities. Group Managing Director of Courteville Business Solutions, Debola Akindele joins  CNBC Africa for more.</p>


covid-19

Okomu Oil Palm half-year profit up 138%

Numsa threatens industrial action in steel and engineering sector

Majority of Africa’s C-suite executives optimistic about growth outlook, survey finds

COVID-19: UMA’s Birungi on how to build resilience in Uganda’s manufacturing sector

Making sense of Rwanda’s latest $620mn Eurobond issue

Royal Bafokeng Platinum delivers 466% jump in H1 HEPS

How the ‘buy now pay later’ model is changing the credit landscape

Fintech startup Kuda Technologies concludes $55mn Series B funding

Lafarge Africa declares N28.3bn profit in H1

AGCS: Global ship losses decline 50% over 10 years

MTN Nigeria service revenue rises 24% in H1

Why lockdown level 4 didn’t clip Lift’s wings?

Finance Minister Ndagijimana on Eurobond issue, Rwanda’s path to economic recovery

COVID-19: How the pandemic is creating more freelancing opportunities in Africa

Can the Mauritian economy bounce back swiftly after Covid-19 crisis?

How Treasury’s proposal on pension funds could impact retirement industry

Nigeria’s Courteville declares 148.4m naira profit in first half

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Advertise With Us

covid-19

Okomu Oil Palm half-year profit up 138%

Numsa threatens industrial action in steel and engineering sector

Majority of Africa’s C-suite executives optimistic about growth outlook, survey finds

COVID-19: UMA’s Birungi on how to build resilience in Uganda’s manufacturing sector

Making sense of Rwanda’s latest $620mn Eurobond issue

Royal Bafokeng Platinum delivers 466% jump in H1 HEPS

How the ‘buy now pay later’ model is changing the credit landscape

Fintech startup Kuda Technologies concludes $55mn Series B funding

Lafarge Africa declares N28.3bn profit in H1

AGCS: Global ship losses decline 50% over 10 years

MTN Nigeria service revenue rises 24% in H1

Why lockdown level 4 didn’t clip Lift’s wings?

Finance Minister Ndagijimana on Eurobond issue, Rwanda’s path to economic recovery

COVID-19: How the pandemic is creating more freelancing opportunities in Africa

Can the Mauritian economy bounce back swiftly after Covid-19 crisis?

How Treasury’s proposal on pension funds could impact retirement industry

Nigeria’s Courteville declares 148.4m naira profit in first half

News Tips

Advertise With Us

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