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<p>Since the launch of the Renewable Energy Independent Power Producer Procurement Programme, 77 renewable energy utilities have become operational. Communities surrounding the energy utilities stand to benefit from these investments. But for many reasons, these benefits have often failed to materialise. The question is: Is community ownership through trusts an effective tool for energy projects to deliver community development? Zoheb Khan, Social Economy Research Manager at Intellidex joins CNBC Africa for more.</p>


Why renewables-linked community trusts are struggling to make an impact

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<p>Kaap Agri reported a 24 per cent jump in headline earnings per share for the six months ended March. This is from the prior comparable period. The company has returned to dividend territory, declaring an interim dividend of 40 cents per share. Kaap Agri CEO, Sean Walsh joins CNBC Africa for more.</p>


Kaap Agri H1 HEPS jump 24%

Kaap Agri H1 HEPS jumps 24%

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<p>The Central Bank of Nigeria says it will continue the Naira 4 Dollar Scheme until further notice. Meanwhile, Nigeria’s first quarter GDP report is expected on the 24th of this month according to the publishing calendar of the National Bureau of Statistics. So, can Nigeria sustain its growth momentum after exiting recession in the fourth quarter of 2020? Lukman Otunuga, Senior Research Analyst at FXTM Market joins CNBC Africa for more.</p>


CBN to continue ‘Naira 4 Dollar’ scheme until further notice

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<p>The Nigerian government is looking to reduce its recurrent expenditure and has proposed a review of payrolls of public servants as well as the merger of some agencies to achieve this. Meanwhile, Budget Nigeria has raised awareness over some loopholes in the country’s 2021 budget. The firm says 316 capital projects amounting to 39.5 billion naira were duplicated in the budget. Joining CNBC Africa to discuss these stories and more are Chamberlain Peterside, CEO of Xcellon Capital Advisors and Femi Oladehin, Partner for Investment Banking at Argentil Capital Partners.</p>


Nigeria moves to review payrolls to cut cost of governance

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<p>The last 12 hours have been interesting for the ANC. Yesterday; the party released a statement detailing how Ace Magashule had been suspended from his position as Secretary General after he failed to step down.</p>


ANC factional battles: How strong is Ramaphosa’s hand?

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<p>The ANC has suspended Ace Magashule from the position of Secretary General. This follows a resolution by the party&#8217;s National Working Committee stating that members accused of corruption must vacate office, pending the outcome of their cases. Magashule is the party&#8217;s most senior member to get the boot, over his implication in the Free State asbestos scandal. Political Analyst, Ongama Mtimka joins CNBC Africa for more.</p>


ANC suspends secretary-general Ace Magashule

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<p>BNP Paribas South Africa has revised up its 2021 GDP estimate to 4.2 per cent, citing higher commodity prices amid a supportive global backdrop.</p>


BNP Paribas revises up SA’s GDP growth to 4.2%

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<p>A 2019 report by the African Development Bank revealed that the trade finance gap on the continent was unacceptably high at $81 billion. In East Africa, Kenya has the highest trade finance gap, estimated at $2.8 billion. What can be done to bridge this gap? TradeMark East Africa CEO, Frank Matsaert, joins CNBC Africa for more.</p>


TradeMark East Africa CEO: How to bridge the trade finance gap in East Africa

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<p>Shariah products seem to be gaining new ground among impact investors lately and they show no sign of slowing down, so what&#8217;s largely behind this growth? CNBC Africa spoke to the Director of Finance for Africa and Middle East at Jersey Finance, Faizal Bhana for more.</p>


Shariah financial products gaining ground during Ramadan

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<p>The government of Ghana is cracking down on illegal mining with about 200 soldiers deployed about a week ago to check unlawful mining activity around waterways. Ghana’s water utility agency earlier disclosed that pollution from mining activities has contaminated the country’s water sources, affecting access to drinking water. Louis Yaw Afful, Executive Director of the AFCFTA Policy Network Group joins CNBC Africa for more.</p>


Understanding the socio-economic impact of Ghana’s water crisis

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<p>The Green Investment Club say they have successfully crowd funded about $17 million for multiple projects in Nigeria. With a mandate to democratize investment opportunities for millennials in Africa, Founder, Tomie Balogun, joins CNBC Africa to discuss ways to navigate the investment space in Nigeria.</p>


TGIC Founder

TGIC Founder, Balogun on how to open up investment opportunities for Nigerian youth

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<p>The need for quality infrastructure in Africa is pressing, especially with the African Continental Free Trade Area set to transform Africa. Well a high-level business meeting between the Western Cape government and business is underway in Cape Town and PPC South Africa Managing Director, Njombo Lekula joins CNBC Africa for more.</p>


PPC calls for African govts to look inwards to accelerate infrastructure development

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<p>Revenue collection on our continent remains a major challenge, with reports of about 20 sub-Saharan African countries collecting less than 13 per cent of their GDP. Well, the African Tax Administration Forum in collaboration with the African Union and African Development Bank are hosting a high level policy dialogue to discuss how that picture will look Post-Covid. Mary Baine, Director for Tax Programmes at ATAF joins CNBC Africa for more.</p>


ATAF’s Baine on how African govts can improve revenue collection post-COVID-19

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<p>MTN Rwandacell PLC shares started trading on the Rwanda Stock Exchange on Tuesday, although activity remained low on the first day of trading. MTN Rwanda CEO Mitwa Ng’ambi joins CNBC Africa for more.</p>


MTN Rwanda CEO discusses company’s performance

MTN Rwanda CEO discusses company’s performance, RSE listing

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<p>MTN Rwanda, which controls more than 60 per cent of mobile subscriptions in Rwanda, has listed its 20 per cent stake on the Rwanda Stock Exchange by way of introduction.</p>


RSE CEO weighs in on the listing of MTN Rwanda

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<p>In the next couple of days, investor attention will turn to a scheduled review of South Africa&#8217;s sovereign credit by Moody&#8217;s on Friday. The ratings agency already has the country&#8217;s debt in &#8220;junk&#8221; status, and the question is whether it will cut that rating even further. With a negative outlook, there is the potential for a further downgrade. Annabel Bishop, Chief Economist at Investec joins CNBC Africa for more.</p>


SA has done enough to prevent a further sovereign downgrade

SA has done enough to prevent a further sovereign downgrade, economist says

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<p>Combined Motor Holdings has reported a 9.6 per cent fall in headline earnings per share, year-on-year, for the 12 months ended February. This, as revenue dropped 23.1 per cent, reflecting a challenging economic environment. The company did declare a dividend, although 43.2 per cent lower than a year ago. Joining CNBC Africa to review those numbers is Jebb McIntosh, CEO at Combined Motor Holdings.</p>


Reuters

Why renewables-linked community trusts are struggling to make an impact

Kaap Agri H1 HEPS jumps 24%

CBN to continue ‘Naira 4 Dollar’ scheme until further notice

Nigeria moves to review payrolls to cut cost of governance

ANC factional battles: How strong is Ramaphosa’s hand?

ANC suspends secretary-general Ace Magashule

BNP Paribas revises up SA’s GDP growth to 4.2%

TradeMark East Africa CEO: How to bridge the trade finance gap in East Africa

Shariah financial products gaining ground during Ramadan

Understanding the socio-economic impact of Ghana’s water crisis

TGIC Founder, Balogun on how to open up investment opportunities for Nigerian youth

PPC calls for African govts to look inwards to accelerate infrastructure development

ATAF’s Baine on how African govts can improve revenue collection post-COVID-19

MTN Rwanda CEO discusses company’s performance, RSE listing

RSE CEO weighs in on the listing of MTN Rwanda

SA has done enough to prevent a further sovereign downgrade, economist says

CMH earnings down 9.6% in tough market conditions

News Tips

Advertise With Us

Reuters

Why renewables-linked community trusts are struggling to make an impact

Kaap Agri H1 HEPS jumps 24%

CBN to continue ‘Naira 4 Dollar’ scheme until further notice

Nigeria moves to review payrolls to cut cost of governance

ANC factional battles: How strong is Ramaphosa’s hand?

ANC suspends secretary-general Ace Magashule

BNP Paribas revises up SA’s GDP growth to 4.2%

TradeMark East Africa CEO: How to bridge the trade finance gap in East Africa

Shariah financial products gaining ground during Ramadan

Understanding the socio-economic impact of Ghana’s water crisis

TGIC Founder, Balogun on how to open up investment opportunities for Nigerian youth

PPC calls for African govts to look inwards to accelerate infrastructure development

ATAF’s Baine on how African govts can improve revenue collection post-COVID-19

MTN Rwanda CEO discusses company’s performance, RSE listing

RSE CEO weighs in on the listing of MTN Rwanda

SA has done enough to prevent a further sovereign downgrade, economist says

CMH earnings down 9.6% in tough market conditions

News Tips

Advertise With Us

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