<p><iframe loading="lazy" src="https://www.youtube.com/embed/MQr8SQWXq2w" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>In this segment of Focus,we take a look at boosting investment in tourism businesses. The TIA360 eThekwini Tourism Investment Symposium brings together industry players, decision makers and stakeholders to mobilise and stimulate investment in Africa’s tourism. In a year filled with challenges, how will investment in tourism combat negative economic consequences?&#8230;</p>


TIA360 eThekwini Tourism Investment Symposium


<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="615" src="https://cms.cnbcafrica.com/wp-content/uploads/2021/07/7641739030_aa820e43be_b-820x615.jpg" alt="" class="wp-image-409855" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2021/07/7641739030_aa820e43be_b-820x615.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2021/07/7641739030_aa820e43be_b-300x225.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2021/07/7641739030_aa820e43be_b-107x80.jpg 107w, https://cms.cnbcafrica.com/wp-content/uploads/2021/07/7641739030_aa820e43be_b-768x576.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2021/07/7641739030_aa820e43be_b.jpg 1024w" sizes="(max-width: 820px) 100vw, 820px" /><figcaption>JP Morgan
Photo: Solvency Ii Wire www.solvencyiiwire.com</figcaption></figure>



<p>ABUJA, Aug 4 (Reuters) &#8211; The Nigerian government on Wednesday picked JPMorgan, Citigroup, Standard Chartered and Goldman Sachs as international bookrunners on a forthcoming eurobond issue, the country&#8217;s debt office said.</p>



<p>The eurobonds are aimed at raising funds for external borrowing of 2.343 trillion naira earmarked in the 2021 spending plan to partly finance the government&#8217;s deficit, the Debt Management Office (DMO) said.</p>



<h3 class="wp-block-heading" id="h-read-more-nigeria-short-lists-banks-for-eurobond-sale">Read more: <a href="https://www.cnbcafrica.com/2016/nigeria-short-lists-banks-for-eurobond-sale/">Nigeria short lists banks for Eurobond sale</a></h3>



<p>&#8220;Whilst the government expects a successful outing, it will be mindful of costs and risks in terms of tenor and pricing in determining the amount of eurobonds to issue,&#8221; the DMO said.</p>



<p>The DMO said proceeds from the bond sale will be used to fund various projects in the budget with the resultant inflow of foreign exchange into the country which will boost Nigeria&#8217;s dollar reserves and support the naira currency.</p>



<p>Nigeria had planned a eurobond issue early last year after its sixth sale in 2018 where it raised $2.86 billion. But it decided to defer the 2020 sale due to the turmoil caused by the COVID-19 pandemic.</p>



<h3 class="wp-block-heading">Read more: <a href="https://www.cnbcafrica.com/2021/rwanda-raises-620-million-through-a-10-year-eurobond/">Rwanda raises $620 million through a 10-year Eurobond</a></h3>



<p>Its parliament last month approved the external borrowing of about $6.2 billion through the issuance of a eurobond. The government has said it wanted to moderate debt servicing costs by accessing relatively cheaper funds abroad, as global interest rates fall below 2020 levels while local rates rise.</p>



<p>Nigeria emerged from its second recession since 2016 in the fourth quarter of last year, but growth is fragile. The government expects a 2021 budget deficit of 5.6 trillion naira to be financed largely from foreign and local borrowings.</p>



<p>($1 = 411.00 naira) </p>



<p>(Reporting by Chijioke Ohuocha Editing by Chris Reese and David Evans)</p>


7641739030_aa820e43be_b

Nigeria picks international banks for eurobond issue to finance deficit


<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="504" src="https://cms.cnbcafrica.com/wp-content/uploads/2021/08/VEKSCTM4ERJNFDZX7ZKNEJZP2A-820x504.jpg" alt="" class="wp-image-411208" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2021/08/VEKSCTM4ERJNFDZX7ZKNEJZP2A-820x504.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/VEKSCTM4ERJNFDZX7ZKNEJZP2A-300x184.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/VEKSCTM4ERJNFDZX7ZKNEJZP2A-146x90.jpg 146w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/VEKSCTM4ERJNFDZX7ZKNEJZP2A-768x472.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/VEKSCTM4ERJNFDZX7ZKNEJZP2A-1536x945.jpg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/VEKSCTM4ERJNFDZX7ZKNEJZP2A-scaled.jpg 2048w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/VEKSCTM4ERJNFDZX7ZKNEJZP2A-130x80.jpg 130w" sizes="(max-width: 820px) 100vw, 820px" /><figcaption>A woman holds a small bottle labelled with a &#8220;Coronavirus COVID-19 Vaccine&#8221; sticker and a medical syringe in this illustration taken  October 30, 2020. REUTERS/Dado Ruvic/File Photo</figcaption></figure>



<p>Aug 4 (Reuters) &#8211; The World Health Organization is calling for a moratorium on COVID-19 vaccine boosters until at least the end of September, its head Tedros Adhanom Ghebreyesus said on Wednesday.</p>



<p>The move was to enable that at least 10% of the population of every country was vaccinated, WHO Director-General Tedros said.</p>



<p>The call to stop COVID-19 vaccine boosters is the strongest yet from the UN agency as the gap between inoculation rates in wealthy and poor countries widens.</p>



<p>&#8220;I understand the concern of all governments to protect their people from the Delta variant. But we cannot accept countries that have already used most of the global supply of vaccines using even more of it,&#8221; Tedros added.</p>



<p>High-income countries administered around 50 doses for every 100 people in May, and that number had since doubled, according to WHO. Low-income countries have only been able to administer 1.5 doses for every 100 people, due to lack of supply.</p>



<h3 class="wp-block-heading" id="h-read-more-just-give-us-the-vaccines-who-pleads-as-poor-countries-go-wanting">Read more: <a href="https://www.cnbcafrica.com/2021/just-give-us-the-vaccines-who-pleads-as-poor-countries-go-wanting/">Just give us the vaccines, WHO pleads, as poor countries go wanting</a></h3>



<p>&#8220;We need an urgent reversal, from the majority of vaccines going to high-income countries, to the majority going to low-income countries,&#8221; said Tedros.</p>



<p>Some countries have begun to use or started weighing on the need for booster doses.</p>



<p>Germany said on Monday it will in September start to offer a booster shot to vulnerable people. The United Arab Emirates will also start providing a booster shot to all fully vaccinated people considered at high risk, three months after their second vaccine dose, and six months for others.</p>



<p>Last week, Israeli President Isaac Herzog received a third shot of coronavirus vaccine, kicking off a campaign to give booster doses to people aged over 60 in the country.</p>



<p>The United States in July signed a deal with Pfizer Inc and German partner BioNTech to buy 200 million additional doses of their COVID-19 vaccines to help with pediatric vaccination as well as possible booster shots.</p>



<p>U.S. health regulators are still assessing the need for a booster dose.</p>



<p>(Reporting by Manas Mishra and Dania Nadeem in Bengaluru; Editing by Shounak Dasgupta)</p>


m_FILE PHOTO: A woman holds a medical syringe and a small bottle labelled “Coronavirus COVID-19 Vaccine

WHO calls for moratorium on COVID-19 vaccine booster doses

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The Tanzania Railways Corporation announced it will receive the first batch of electric trains it had ordered by November this year after signing a deal with a South Korean company, Hyundai Rotem.   This comes as Tanzania plans to modernise its railroads. Economic Analyst Gabriel Mwang’onda spoke to CNBC Africa for more.</p>


Tanzania to receive first 42 Korean electric trains by November

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>From the 23rd of August, countries will be able to take advantage of the general allocation of Special Drawing Rights valued at $650 billion , which was approved by the Board of Governors of the IMF. This is the largest SDR allocation in the history of the IMF for members to address the long-term global need for reserves. Tajudeen Ibrahim, Senior Vice President Head of Research at Chapel Hill Denham joins CNBC Africa for more.</p>


IMF $650bn Special Drawing Rights – What are the implications for Nigeria?


<figure class="wp-block-image size-large"><img loading="lazy" decoding="async" width="820" height="546" src="https://cms.cnbcafrica.com/wp-content/uploads/2021/08/GettyImages-823014898-820x546.jpg" alt="" class="wp-image-411198" srcset="https://cms.cnbcafrica.com/wp-content/uploads/2021/08/GettyImages-823014898-820x546.jpg 820w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/GettyImages-823014898-300x200.jpg 300w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/GettyImages-823014898-135x90.jpg 135w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/GettyImages-823014898-768x511.jpg 768w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/GettyImages-823014898-1536x1022.jpg 1536w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/GettyImages-823014898-scaled.jpg 2048w, https://cms.cnbcafrica.com/wp-content/uploads/2021/08/GettyImages-823014898-120x80.jpg 120w" sizes="(max-width: 820px) 100vw, 820px" /><figcaption>A sign stands at the entrance to the Telkom SA SOC Ltd. head office in the Centurion district of Johannesburg, South Africa, on Tuesday, July 25, 2017. South Africa is evaluating assets it could sell to pay for this months 2.2 billion rand ($169.5 million) bailout of unprofitable carrier South African Airways, Finance Minister Malusi Gigaba said in letter to parliament. Photographer: Waldo Swiegers/Bloomberg via Getty Images</figcaption></figure>



<p>JOHANNESBURG, Aug 4 (Reuters) &#8211; South Africa&#8217;s third-biggest telecom company Telkom said on Wednesday it has appointed the head of its consumer business, Serame Taukobong to be group Chief Executive Officer designate with effect from Oct. 1.</p>



<p>Taukobong, who is also a group Executive Committee Member, replaces S<a href="https://www.cnbcafrica.com/2021/telkom-shares-sink-after-announcing-ceo-will-step-down-next-year/">ipho Maseko who will step down at the end of June next year.</a></p>



<p>Taukobong joined Telkom in June 2018 and has extensive experience in telecommunications having spent about 10 years at rival MTN Group, where he held several senior roles which included Chief Operating Officer and later CEO of MTN Ghana, Telkom said.</p>



<p>As CEO of the Telkom Consumer Business, the mobile business customer base grew three-folds to 15 million and its revenue almost doubled to 20 billion rand ($1.40 billion) within a three year period, Telkom said.</p>



<p>Under his leadership, the mobile arm has become the third largest mobile business in South Africa, it said.</p>



<p>&#8220;The Board, Group CEO and the Group CEO Designate remain committed to structurally separate Telkom and unlock value for shareholders,&#8221; the partly state-owned operator added.</p>



<h3 class="wp-block-heading" id="h-read-more-south-african-telecom-operator-telkom-moves-into-financial-services">Read more: <a href="http://South African telecom operator Telkom moves into financial services">South African telecom operator Telkom moves into financial services</a></h3>



<p>Among the value unlock exercises, Telkom is looking for investors for its mast and tower business, which it reckons is undervalued since it is trapped in the group structure.</p>



<p>The exercise was started by Maseko who has been credited for successfully turning the operator around from a business facing declining fixed-line voice revenue, to a digitally-led one fit to compete with the top two players MTN and Vodacom Group</p>



<p>During this transition period, Taukobong will continue to have oversight of the Telkom Consumer Business, while a recruitment process for his successor starts immediately, Telkom said. </p>



<p>($1 = 14.2625 rand) </p>



<p>(Reporting by Nqobile Dludla, Editing by Louise Heavens)</p>


Telkom SA SOC Ltd. Phone Company As South Africa Evaluates State Assets To Sell

South Africa’s Telkom appoints insider Serame Taukobong as CEO designate

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<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


<p>Royal Bafokeng Platinum reported a 446 per cent jump in headline earnings per share, for the six months ended June.  The company’s earnings were supported by strong metal prices and growth in the business. Royal Bafokeng Platinum CEO, Steve Phiri spoke  to  CNBC Africa&#8217;s Zinathi Gquma.</p>



<p><em>Full interview transcript below:</em></p>





<p><strong>Steve Phiri&nbsp; </strong>00:00</p>



<p>Yes, thanks. Thanks very much. Well, really, it&#8217;s, it&#8217;s amazing isn&#8217;t it that you come with a set of results, and the market seems not to like the results. But the last thing as a CEO and as management is to try to read the market, especially the performance of the share price on a particular day, because then you become an analyst, and you start speculating what the reasons are, when the positives are there to judge and the negatives are hidden somewhere. So I really don&#8217;t know. However, with the few people that have spoken to me as a data magnet, they expected us to pay 100% of free cash flow, just like our pure Anglo Platinum date. So for me, I&#8217;m not disappointed Actually, I&#8217;m excited that a small company like ours, is be packed in the same bracket as Anglo platinum. And therefore, we are expected to punch above our weight, and we&#8217;re up for a challenge. But there is nothing negative about the results, nothing negative about what we paid. We paid 50% of free cash flows. And we sitting again, on on a on an ice by far this is an intern was out. And we already said that we paying an interim result, I mean dividend and on a full year basis that will be reviewed, so that it reflects a full year dividend itself. So if somebody pays 100%, I don&#8217;t need to pay 100%. Each company differs from another based on the circumstances and what faces the company going forward. But the fundamentals in the business are quite strong. And we look forward to even stronger second half of the year, even a better dividend for the full year.</p>



<p><strong>Zinathi Gquma&nbsp; </strong>01:45</p>



<p>You talk about not punching above your weight as the millennials and Gen Z does say, stay in your lane. But just looking at that.</p>



<p><strong>Steve Phiri&nbsp; </strong>01:56</p>



<p>We are trying to punch above our weight and we enjoy this punching above our weight because it&#8217;s good to be compared with the best. You don&#8217;t want to be the best amongst the poor. Yeah.</p>



<p><strong>Zinathi Gquma&nbsp; </strong>02:10</p>



<p>And just looking at that interim dividend that you paid 1.5 billion Rand made an interim dividend. I mean, What message does this send to your shareholders about future returns?</p>



<p><strong>Steve Phiri&nbsp; </strong>02:24</p>



<p>Well, the message should say like our full year dividend in March this year, the message is say this company is on an upward trajectory, there is stability coming through, and they can look forward to good performing sustainable business so far as dividends is a concern. So it&#8217;s investable very much. So,</p>



<p><strong>Zinathi Gquma&nbsp; </strong>02:47</p>



<p>of course, as expected from a platinum mining company, those earnings largely driven by the higher PGM prices. We have seen recently those PGM prices pulling back a bit. In your view, do you think that that&#8217;s a temporary move? Or could we see a more permanent pullback in those PGM prices?</p>



<p><strong>Steve Phiri&nbsp; </strong>03:09</p>



<p>While we did know that these prices will pull back, but to what extent do they pull back? And what what is the danger zone of pulling back at this stage, the prices are still good, there&#8217;s still a very big room for a very big margin. And, and the name of the game now is to control the cost and remain profitable. And even at this level, even lower levels will remain profitable. Yeah. But those big tries not stay forever at those levels.</p>



<p><strong>Zinathi Gquma&nbsp; </strong>03:41</p>



<p>Yeah. And in that scenario, where those prices do pull back on a more permanent basis, how are you going to make sure that you keep the momentum into the future? Our market analyst actually did note the high the high jump in your EBITDA. And he was also concerned or he was asking if you can keep this momentum going into the second half of the financial year.</p>



<p><strong>Steve Phiri&nbsp; </strong>04:09</p>



<p>Yeah, through operational efficiencies, and we are working quite hard on operational efficiency efficiencies, so that we keep healthy margins and we can live with even lower prices, any business that does not survive in poor pricing environment, it does not belong to be in that in that sector itself. So if you can survive poor operating and pricing environment, then you will thrive in in in good times to come. And we have proven that even in the past when prices were so low, and we are building a project of 13 billion plus we survived and that&#8217;s where we are now and we are ramping up into a very good, good pricing environment. So yeah, you have to survive in bad times.</p>



<h3 class="wp-block-heading" id="h-read-anglo-american-pays-out-record-4-1-bln-to-shareholders-for-first-half"><a href="Read: Anglo Earnings"><strong>Read: </strong></a><a href="https://www.cnbcafrica.com/2021/anglo-american-pays-out-record-4-1-bln-to-shareholders-for-first-half/"><strong>Anglo American pays out record $4.1 bln to shareholders for first half</strong></a></h3>



<p></p>




Key Speakers At South Africa’s 2017 Mining Indaba

Royal Bafokeng Platinum delivers blowout quarter supported by strong metal prices


<p>DURBAN, August 3 (ANA) – The recent unrest that took place across the KwaZulu-Natal province and parts of Gauteng, and that resulted in numerous deaths, theft and property destruction have been tallied up.</p>



<p>This, after a media briefing at the Inanda police station in Durban on Tuesday which featured the minister of police General Bheki Cele and premier of KZN Sihle Zikalala, as well as several surveys conducted by private and public organisations.</p>



<p>Two-hundred and fifty-one (251) people in KZN died as a result of the unrest, with 110 from the eThekwini district, 36 from the Phoenix area, 20 from the uMgungundlovu district, and all which were of black African and Indian descent.</p>



<p>Thirty (30) people who were killed in Phoenix, were shot. Two were burnt, one stabbed and another run over by a vehicle. Two were assaulted.</p>



<p>Fifty-two (52) cases of attempted murder, nine cases of common assault and 16 cases of Assault GBH are being investigated.</p>



<p>Thirty-one (31) detectives have been deployed to investigate and have arrested 22 suspects.</p>



<p>One-hundred and twelve (112) illegal firearms have been seized in the Phoenix area.</p>



<p>Another 152 firearms from four private security companies have also been seized by investigators.</p>



<p>Damage to property are estimated to be around R126 billion (around US$8.7 billion), according to an earlier African News Agency report.</p>



<p>One survey, based on results from 1,070 respondents from informal, micro, small and large businesses, conducted by NGO BeyondCOVID also found that SMMEs stand to lose around R3.4 billion in revenue per month as a result of the unrest.</p>



<p>Sixty-two percent of small businesses affected do not have insurance.</p>



<p>Seven percent of impacted businesses from KZN and Gauteng have closed for good, 44 percent have closed temporarily and six percent returned to business as usual.</p>



<p>More than 40,000 businesses were affected, according to the Durban Chamber of Commerce.</p>



<p>More than R15 billion in damages to property and equipment has been recorded, while stock loss is estimated to be more than R1.5 billion in eThekwini.</p>



<p>With a population of just over three million, it has an estimated negative impact of more than R25 billion to its GDP.</p>



<p>More than 150,000 jobs are at risk while more than 1.5 million people have been left without an income.</p>



<p>– African News Agency (ANA); Editing by Naomi Mackay</p>


download-11

KwaZulu-Natal Counts Cost Of Deadly Unrest, Billions Lost

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<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

<p><iframe loading="lazy" src="https://www.youtube.com/embed/oCAGdD-4lcY" width="640" height="360" frameborder="0" allowfullscreen="allowfullscreen"></iframe></p>
<p>Nigeria’s local equities bourse began the month of August positive, advancing 0.15 per cent on Monday, as investors digested the last batch of half-year earnings results of listed companies. Rotimi Fakayejo, a Stockbroker and Capital Market Analyst  joins CNBC Africa for more&#8230;.</p>


Nigeria’s equities outlook for August

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<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

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>There is an increased demand for clean for clean and renewable energy sources on the continent though this is hampered by the lack of enough investment in the sector. CNBC Africa spoke to Vivian Neal, CEO of Kalahari Energy for more.</p>


How can investment in geothermal solve energy shortfall?




<p>KIGALI, Aug 3 (Reuters) &#8211; Rwanda raised $620 million through a 10-year Eurobond, the finance ministry said late on Monday, part of which will go towards retiring an outstanding dollar bond.</p>



<p>Like global economies, the East African nation has experienced a surge in public debt in the wake of the coronavirus crisis, which hit revenues and forced the government to borrow more.</p>



<h3 class="wp-block-heading" id="h-read-more-nigeria-short-lists-banks-for-eurobond-sale">Read more: <a href="https://www.cnbcafrica.com/2016/nigeria-short-lists-banks-for-eurobond-sale/">Nigeria short lists banks for Eurobond sale</a></h3>



<p>Total debt climbed by 13% last year, driving the overall level to 71% of GDP, which is expected to jump to 79.7% at the end of this year, the finance ministry said in May.</p>



<p>Still, investors piled into the latest issue, offering $1.6 billion in total. The eventual interest rate for the bond was 5.5%, the ministry said.</p>



<p>&#8220;The lower yield of this issue will result in a reduction in our annual interest payments over the next 10 years, strongly contributing to our debt sustainability strategy,&#8221; said the central bank governor, John Rwangombwa.</p>



<h3 class="wp-block-heading">Read more: <a href="https://www.cnbcafrica.com/2018/ghana-eurobond-sale/">Ghana looks to Asia for next Eurobond sale</a></h3>



<p>Bond proceeds will be used to pay off creditors of the existing Eurobond when it matures in May 2023, while the rest will fund economic recovery programs.</p>



<p>The government predicts that the economy will grow by 5.1% this year, after contracting by 3.4% last year, as the COVID-19 pandemic starts to ease. </p>



<p>(Reporting by Clement Uwiringiyimana Editing by Duncan Miriri and Clarence Fernandez)</p>


14734032262_60f786842f_k 2

Rwanda raises $620 million through a 10-year Eurobond

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<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

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<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

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>After years of preparation, the Nairobi International Financial Centre, last week, signed its first deals with British insurer, Prudential Plc and business lobby group The CityUK, ahead of its official launch later this year. CNBC Africa spoke with the Chairman of the NIFC, Vincent Rague for more.</p>


Newsletter

TIA360 eThekwini Tourism Investment Symposium

Nigeria picks international banks for eurobond issue to finance deficit

WHO calls for moratorium on COVID-19 vaccine booster doses

Tanzania to receive first 42 Korean electric trains by November

IMF $650bn Special Drawing Rights – What are the implications for Nigeria?

South Africa’s Telkom appoints insider Serame Taukobong as CEO designate

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

Royal Bafokeng Platinum delivers blowout quarter supported by strong metal prices

KwaZulu-Natal Counts Cost Of Deadly Unrest, Billions Lost

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

Nigeria’s equities outlook for August

Fintech startup Kuda Technologies concludes $55mn Series B funding

How can investment in geothermal solve energy shortfall?

Rwanda raises $620 million through a 10-year Eurobond

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

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

Kenya’s NIFC inks first two deals with British insurer Prudential

News Tips

Advertise With Us

Newsletter

TIA360 eThekwini Tourism Investment Symposium

Nigeria picks international banks for eurobond issue to finance deficit

WHO calls for moratorium on COVID-19 vaccine booster doses

Tanzania to receive first 42 Korean electric trains by November

IMF $650bn Special Drawing Rights – What are the implications for Nigeria?

South Africa’s Telkom appoints insider Serame Taukobong as CEO designate

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

Royal Bafokeng Platinum delivers blowout quarter supported by strong metal prices

KwaZulu-Natal Counts Cost Of Deadly Unrest, Billions Lost

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

Nigeria’s equities outlook for August

Fintech startup Kuda Technologies concludes $55mn Series B funding

How can investment in geothermal solve energy shortfall?

Rwanda raises $620 million through a 10-year Eurobond

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

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

Kenya’s NIFC inks first two deals with British insurer Prudential

News Tips

Advertise With Us

Newsletters