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<p>The Kenya tourism sector has been reeling from the effects of a third wave of the Covid-19 pandemic in the country as well as travel advisories from key source markets. Mohammed Hersi, Chairman of the Kenya Tourism Federation joins CNBC Africa for more.</p>


How Kenya plans to revive its  tourism sector heavily impacted by COVID-19

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<p>The 2021/22 financial year budget comes during President Uhuru Kenyatta&#8217;s final year in office. Kenya&#8217;s Treasury Cabinet Secretary Ukur Yatani, has had to find a balance between the president&#8217;s capital-intensive legacy projects and facilitating recovery of a battered economy from the effects of the Covid-19 pandemic. Ken Gichinga, Chief Economist at Mentoria Economics joins CNBC Africa for more.</p>


Unpacking  President Kenyatta’s legacy budget

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<p>Amid ongoing power cuts, today South Africa’s President Cyril Ramaphosa increased the threshold for electricity self-generation for companies.</p>


Ramaphosa lifts threshold for electricity self-generation

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<p>Multichoice reported a 288 per cent jump in its headline earnings per share for the year ended March. This is from the prior comparable period. Africa’s biggest pay-TV group’s performance was buoyed by growth in South Africa and lower losses in the rest Africa.MultiChoice CEO, Calvo Mawela joins CNBC Africa for more.</p>


Multichoice reports 288% jump in FY HEPS

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<p>Kenya&#8217;s treasury secretary Uhuru Yatan has announced a 33.9 billion budget, for the new financial year, CNBC Africa spoke with Eric Mokaya, Founder of Mwango Capital for more.</p>


Kenya treasury  plans to spend $33.3bn in 2021/21

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<p>Uganda is the only country in the region that has announced a decline in the new financial year budget, with spending expected to drop when compared to the outgoing financial year&#8217;s budget. CNBC Africa spoke with the Managing Director of Open Forum Initiative, Emmanuel Ajal.</p>


Uganda announces $12.6bn budget

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<p>The governor of the Bank of Ghana, Ernest Addison says the apex bank is at advanced stages of introducing a digital currency otherwise known as the e-cedi. Enoch Antwi, CEO of DNAR joins CNBC Africa for more.</p>


Ghana edges closer to state-backed digital currency

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<p>The G7 nations reached an accord that backs the creation of a global minimum corporate tax rate of at least 15 per cent, an agreement that some argue aims at discouraging multinationals from shifting tax revenues to low-tax countries.</p>


What does the G7 tax deal mean for SSA economies?

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<p>Nigeria’s President Muhammadu Buhari says the nation has a problem of unemployment with lots of youths looking for what to eat while the level of poverty is almost unimaginable. In a televised interview with local media platform Arise news, on security, President Buhari noted that  the Boko Haram insurgency in Northern Nigeria was largely fueled by youth unemployment and poverty. Joining CNBC Africa to unpack the comments on the state of the economy are, Emmanuel Odiaka, CEO of ECOB Capital and Kayode Akindele, Partner at TIA Capital.</p>


Nigeria’s president says Boko Haram fuelled by unemployment

Nigeria’s president says Boko Haram fuelled by unemployment, poverty

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<p>The International Energy Agency says energy-related carbon dioxide emissions from economies mostly in Asia, Africa and Latin America would grow by 5 billion tonnes over the next two decades. The IEA says investment in clean energy in emerging and developing economies should rise by more than seven times at over one trillion dollar per year by 2030, to put the world on track for net-zero emissions by 2050. Is Nigeria ready for this transition? Ayodele Oni, Chair for Energy and Natural Resources Practice Group at Bloomfield Law Practice joins CNBC Africa for more.</p>


Is Nigeria ready for the transition to net-zero emissions?

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<p>South Africa&#8217;s mining production for has April increased by 116.5per cent year-on-year. This comes as the country increased by an annualized 4.6per cent in the first quarter of this year and business confidence also on the up. Henk Langenhoven, Chief Economist at Chamber of Mines joins CNBC Africa for more.</p>


SA mining production up 116.5% y/y

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<p>G-7 countries reached a historic deal on global tax reform this week. Under the agreement, G-7 nations will back a global minimum corporate tax of at least 15 per cent. The reforms will affect the largest companies in the world with profit margins of at least 10per cent. But what does this mean tax laws in each country? especially in Africa , and which companies will be most affected. KPMG CEO, Ignatius Sehoole  joins CNBC Africa for more.</p>


KPMG CEO weighs in on the implications of G7 tax deal

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<p>In Uganda, legislators have approved a $12.6 billion budget for the 2021/2022 financial year, which has seen a decrease of $202.3 million for the first time compared to the approved resource envelope of 2020/2021. Kwezi Tabaro, Deputy Director at Leo Africa Institute  joins CNBC Africa for more.</p>


Reviewing Uganda’s 2021/22 budget

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<p>Kenya’s Treasury Cabinet Secretary Ukur Yatani today tables the 2021/22 fiscal year budget to the parliament.</p>


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Key highlights of Kenya’s 2021/22 budget explained

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<p>Vukile Property Fund has been the star performer on the JSE today, with that stock currently up 9 per cent. The company reported a 17per cent increase in headline earnings for the year ended March. This is compared to the prior comparable period. In the period under review, the company reduced its debt by 3.1 billion Rand. Joining CNBC Africa to review those numbers is Laurence Rapp, CEO at Vukile Property Fund.</p>


Vukile reports 17% increase in full-year headline earnings

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<p>If women&#8217;s sales could reach parity with men by 2025, the e-commerce sector could add nearly $15 billion to the African Market by 2030. This is according to a recent report by the International Finance Cooperation. CNBC Africa spoke with the Senior vice President of Operations at IFC, Stephanie Von Friedeburg for more.</p>


How to grow women owned businesses on Africa’s e-commerce platforms

IFC on how to grow women owned businesses on Africa’s e-commerce platforms

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<p>Bamboo, the highly versatile giant grass that can grow in almost any kind of climate and thrive in the poorest of soils is known for restoring degraded landscapes, but economists see it as a potential green gold. Could this be Rwanda’s untapped potential. Jean Pierre Mugabo, Director General at Rwanda Forestry Authority spoke to CNBC Africa’s Julius Bizimungu for more.</p>


Reuters

How Kenya plans to revive its tourism sector heavily impacted by COVID-19

Unpacking President Kenyatta’s legacy budget

Ramaphosa lifts threshold for electricity self-generation

Multichoice reports 288% jump in FY HEPS

Kenya treasury plans to spend $33.3bn in 2021/21

Uganda announces $12.6bn budget

Ghana edges closer to state-backed digital currency

What does the G7 tax deal mean for SSA economies?

Nigeria’s president says Boko Haram fuelled by unemployment, poverty

Is Nigeria ready for the transition to net-zero emissions?

SA mining production up 116.5% y/y

KPMG CEO weighs in on the implications of G7 tax deal

Reviewing Uganda’s 2021/22 budget

Key highlights of Kenya’s 2021/22 budget explained

Vukile reports 17% increase in full-year headline earnings

IFC on how to grow women owned businesses on Africa’s e-commerce platforms

Bamboo: Rwanda’s untapped potential?

News Tips

Advertise With Us

Reuters

How Kenya plans to revive its tourism sector heavily impacted by COVID-19

Unpacking President Kenyatta’s legacy budget

Ramaphosa lifts threshold for electricity self-generation

Multichoice reports 288% jump in FY HEPS

Kenya treasury plans to spend $33.3bn in 2021/21

Uganda announces $12.6bn budget

Ghana edges closer to state-backed digital currency

What does the G7 tax deal mean for SSA economies?

Nigeria’s president says Boko Haram fuelled by unemployment, poverty

Is Nigeria ready for the transition to net-zero emissions?

SA mining production up 116.5% y/y

KPMG CEO weighs in on the implications of G7 tax deal

Reviewing Uganda’s 2021/22 budget

Key highlights of Kenya’s 2021/22 budget explained

Vukile reports 17% increase in full-year headline earnings

IFC on how to grow women owned businesses on Africa’s e-commerce platforms

Bamboo: Rwanda’s untapped potential?

News Tips

Advertise With Us

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