<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Uganda has reinstated some of its lockdown measures as it strives to contain the second wave of the COVID-19 pandemic.</p>


Uganda re-imposes lockdown amid rise in COVID-19 cases

<p>Sirius Real Estate has reported a 25.3 per cent rise in headline earnings per share for the year ended 31 March 2021.</p>


Sandton City centre at sunset with Nelson Mandela Square

Sirius FY HEPS up 25.3%

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The port of Djibouti handles close to 95 per cent of Ethiopia&#8217;s maritime trade with 25 per cent of this being transported from Addis Ababa by rail. Over the years the state of the railway has deteriorated affecting Ethiopia&#8217;s port access for more on this we are joined by Stephen Hayes from the Corporate Council on Africa.</p>


Corporate Council on Africa: Why rail line remains essential to the future of Africa

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The lack of infrastructure in Africa&#8217;s IT ecosystem has been exposed by the COVID-19 pandemic. One global player in the sector that has previously made commitments in bridging this gap is Microsoft but has the tech software giant done enough in this regard? CNBC Africa spoke to the Executive Director for Software Partnerships, Chris Lwanga for more.</p>


How Microsoft plans to bridge the infrastructure gap in Africa’s IT sector

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The government of Tanzania has approved the exportation of mineral concentrates after establishing a proper revenue collection system. The government had suspended export concentrate since 2017/18 due to allegations of theft and fraud. Gabriel Mwang&#8217;onda, Economic Analyst joins CNBC Africa for more.</p>


Tanzania resumes export of mineral concentrates

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>In a move to deepen insurance penetration in Nigeria, Heirs Holdings is making a strategic move into Nigeria&#8217;s insurance industry with the establishment of Heirs Insurance and Heirs Life Assurance.</p>


Heirs Holdings looks to deepen Nigeria’s insurance penetration

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The Nigerian government has suspended the operations of Twitter after the microblogging platform deleted a controversial post by President Muhammadu Buhari. Joining CNBC Africa to discuss the impact of this decision is Muda Yusuf, Director General of the Lagos Chamber of Commerce and Industry.</p>


Nigeria Twitter ban: Weighing the impact

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Thungela Resources is the JSE&#8217;s first main board listing in 2021. Can we expect any more listings in the near future? CNBC Africa spoke to Valdene Reddy, Director of Capital Markets at the JSE. For more.</p>


JSE’s Reddy on Thungela listing

JSE’s Reddy on Thungela listing, outlook for the bourse

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Its day 1 of trade on the JSE for Thungela resources &#8211; this after the completion of the demerger of Thungela from Anglo American. Thungela owns interests in, and produces thermal coal predominantly from, seven collieries located in Mpumalanga</p>


Thungela debuts on the JSE

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>At the close of last week, Nairobi Securities Exchange recorded a 53.6 per cent decline to $21.5 million.</p>


Kenyan market review

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>In Kenya, according to the National Treasury and Planning Cabinet Secretary Ukur Yatani, the State has chopped off $82.5 Million from its 2021/2022 budget on both its development and recurrent expenditure targets amid a tough economy. Ken Gichinga, Chief Economist at Mentoria Economist joins CNBC Africa for more.</p>


Kenya 2021/22 budget cuts; Losers

Kenya 2021/22 budget cuts; Losers, gainers

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The Covid-19 global epidemic will continue to take a heavy toll on African airlines with revenue losses expected to reach more than $8 billion in 2021 from $10 billion in 2020.</p>


African airlines expected to face another tough year

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Almost all Emerging Market banking sectors faced a drop in their profits in 2020, due to weaker revenues and higher credit costs. In a report, ratings agency Fitch has said that the outlooks on almost half of emerging market bank ratings remain Negative. The share of negative outlooks is particularly high in Latin America, and in Middle East and Africa. Joining CNBC Africa to unpack the report is Mahin Dissenayake, Senior Director at Fitch Ratings.</p>


Fitch: Negative rating pressure on EM banks remains

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>Streaming service Mdundo has partnered with Tanzania&#8217;s Vodacom to create special streaming playlists for the telco subscribers, so how does this tie into the music streaming sites expansion plans? CNBC Africa spoke with the CEO, Martin Nielsen for more.</p>


Mdundo

Mdundo, Vodacom Tanzania partner to launch music bundle

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>The IMF has proposed a USD 650bn increase to its existing Special Drawing Rights (SDR) reserves. This could triple existing SDR reserves, boosting the IMF’s international reserve assets for member countries around the world. Kenya is one country with mounting debt and is set to benefit from the IMF&#8217;s proposal, but what does this mean for Kenya? CNBC Africa spoke with the Principal, Africa Strategy at Standard Chartered Bank, Eva Wanjiku Otieno for more.</p>


Standard Chartered Bank: What the IMF SDR approval means for Kenya

<div style="max-width: 100%;"></div>
<p><script src="//players.brightcove.net/1571595826001/c0AOssA7_default/index.min.js">
</script></p>
<p>CFG Advisory says Nigeria is now faced with stagflation, a situation that is more protracted than a recession. They also note that monetary policy has reached its limits and supply side structural reforms and fiscal discipline are now required to get Nigeria out of the stagflation quagmire. CEO of CFG Advisory Tilewa Adebajo and Kayode Akindele, Partner at TIA Capital join CNBC Africa to put this in perspective.</p>


CFG Advisory: Nigeria now faced with stagflation – which is more protracted than a recession

<div style="max-width: 100%;">
<div style="position: relative; display: block; max-width: 700px;">
<div style="padding-top: 56.25%;"><iframe style="position: absolute; top: 0px; right: 0px; bottom: 0px; left: 0px; width: 100%; height: 100%;" src="https://players.brightcove.net/1571595826001/default_default/index.html?videoId=6257358905001" allowfullscreen="allowfullscreen"></iframe></div>
</div>
</div>
<p>South Africa&#8217;s rand touched a two-year high this week, spurred by stronger commodity prices and a benign US inflation outlook. But is there more in a rally that has made it the best performing currency in the world against the dollar?</p>


Reuters

Uganda re-imposes lockdown amid rise in COVID-19 cases

Sirius FY HEPS up 25.3%

Corporate Council on Africa: Why rail line remains essential to the future of Africa

How Microsoft plans to bridge the infrastructure gap in Africa’s IT sector

Tanzania resumes export of mineral concentrates

Heirs Holdings looks to deepen Nigeria’s insurance penetration

Nigeria Twitter ban: Weighing the impact

JSE’s Reddy on Thungela listing, outlook for the bourse

Thungela debuts on the JSE

Kenyan market review

Kenya 2021/22 budget cuts; Losers, gainers

African airlines expected to face another tough year

Fitch: Negative rating pressure on EM banks remains

Mdundo, Vodacom Tanzania partner to launch music bundle

Standard Chartered Bank: What the IMF SDR approval means for Kenya

CFG Advisory: Nigeria now faced with stagflation – which is more protracted than a recession

Rand drops after touching 2-year high

News Tips

Advertise With Us

Reuters

Uganda re-imposes lockdown amid rise in COVID-19 cases

Sirius FY HEPS up 25.3%

Corporate Council on Africa: Why rail line remains essential to the future of Africa

How Microsoft plans to bridge the infrastructure gap in Africa’s IT sector

Tanzania resumes export of mineral concentrates

Heirs Holdings looks to deepen Nigeria’s insurance penetration

Nigeria Twitter ban: Weighing the impact

JSE’s Reddy on Thungela listing, outlook for the bourse

Thungela debuts on the JSE

Kenyan market review

Kenya 2021/22 budget cuts; Losers, gainers

African airlines expected to face another tough year

Fitch: Negative rating pressure on EM banks remains

Mdundo, Vodacom Tanzania partner to launch music bundle

Standard Chartered Bank: What the IMF SDR approval means for Kenya

CFG Advisory: Nigeria now faced with stagflation – which is more protracted than a recession

Rand drops after touching 2-year high

News Tips

Advertise With Us

Newsletters