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<p>The effects of the Covid-19 have us all looking to make an extra buck. While starting your little business on the side, we unpack what the legalities around that are, especially if you are employed, permanently or otherwise. Tertius Wessels, Advocate and Legal Director at Strata-g Labour Solutions joins CNBC Africa for more.</p>


Side hustles: What’s legal

Side hustles: What’s legal, what’s not?

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<p>It’s an inspirational story about a South African born investment group. Sakhumnotho Group Holdings celebrates its 20th Anniversary this year, and the company which describes itself as a world-class Pan-African investment corporation, says despite being relatively young, they have witnessed every economic crisis in the 21st century, and they are still here. Joining CNBC Africa to share some of their secrets to success is Prof. Sipho Mseleku President &#038; CEO of Sakhumnotho Group Holdings.</p>


Sakhumnotho’s Mseleku reflects on 20 years in business

Sakhumnotho’s Mseleku reflects on 20 years in business, why he believes the future is African

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<p>ABSA employees have been called to demonstrate over former CEO, Daniel Mminele&#8217;s abrupt exit from the bank, and to share their goodbye messages Mminele resigned from the bank earlier this week citing differences with the board on strategy, but unions say they are puzzled by this move. General Secretary of Banking and Finance Union SASBO, Joe Kokela joins CNBC Africa for more.</p>


SASBO questions ABSA interim CEO appointment

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<p>Kenya and Uganda agreed to put an end to the trade barriers that have led to a sour relationship between the two neighbouring countries. Policy Analyst, David Walakira joins CNBC Africa for an in-depth view of the new framework of trade co-operation between the two countries.</p>


Kenya

Kenya, Uganda sign pact to ease trade tension

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<p>Last year, African start-ups beat the pandemic odds, racking up multi-million-dollar mergers and acquisitions. Will this trend continue this year? CNBC Africa is joined by the Managing Director at Viffa Consult, Victor Otieno for more.</p>


What’s driving investor appetite for African start-ups?

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<p>The All-Share Index on the Uganda Securities Exchange hit an all-time high in the month of February as trading on the bourse bounced back; CNBC Africa spoke with the CEO, Paul Bwiso for more.</p>


Back-to-back highs for Uganda Securities Exchange

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<p>The township economy suffered severely during South Africa’s Covid-19 lockdowns. Some of the factors contributing to the rising challenges are digital exclusion, market access, and finance red tape. Joining CNBC Africa to chart the path to economic recovery of the township economy is Bulelani Balabala, Spokesperson for the Township Entrepreneur’s Alliance.</p>


How has Covid-19 lockdown impacted SA’s township economy & what might recovery look like?

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<p>Mauritius remains the wealthiest country in Africa. This is according to the latest AfrAsia Bank, Africa Wealth Report. Although private wealth levels fell 9 per cent as a result of Covid-19, private wealth held in Africa is expected to rise 30 per cent by 2030 &#8211; reaching $2.6 trillion. Marc-Alexandre Masnin, Head of Wealth Management International &#038; Investment Sales at AfrAsia Bank joins CNBC Africa for more.</p>


Africa private wealth expected to rise by 30% over next decade

Africa private wealth expected to rise by 30% over next decade, report finds

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<p>Clicks has reported a 9.5 per cent rise in diluted headline earnings per share, year-on-year, for the six months ended February. At the end of the period, the retailer held cash of R1.1 billion. The group also returned R1.7 billion to shareholders in dividends and share buy-backs. Clicks CEO, Vikesh Ramsunder joins CNBC Africa for more.</p>


Clicks reports increase in earnings

Clicks reports increase in earnings, eyes new store openings

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<p>Ratings agency Moody’s says that the outlook on Mauritius’s sovereign remains negative. Even with its strengths, Mauritius&#8217;s credit profile reflects a high debt burden, and a slower than expected recovery in the tourism sector. Joining CNBC Africa to chart the way to a stable outlook for the country is David Rogovic, Vice President &#038; Lead Analyst for Mauritius at Moody’s.</p>


Moody’s: Outlook on Mauritius’s sovereign remains negative

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<p>Kenya and the Democratic Republic of Congo signed four framework cooperation agreements covering several economic sectors, inclusive of security and defense as well as maritime transport. Robert Karuiyi, Investment Analyst joins CNBC Africa for more.</p>


Kenya, DRC sign multiple deals on economy, security

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<p>Covid-19 has exposed the reliance of companies on their supply chains and the weaknesses in business continuity management that’s according to Allianz Global Corporate and Specialty. They also note that more companies are coming to realize that globalization needs to be better managed and more resilient supply chains need to be built. Patrick Thiels, Managing Director for Mediterranean and Africa at the AGCS joins CNBC Africa for more.</p>


Can the global supply chain withstand another crisis?

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<p>The Nigerian Senate has approved President Buhari&#8217;s $2.7 billion external borrowing plan which will be used to fund critical projects. The loans consist of a planned $1.5 billion World Bank facility and a 995 million euro loan to be sourced from the Export-Import Bank of Brazil. Emmanuel Odiaka, CEO of ECOB Capital joins CNBC Africa for more.</p>


Lawmakers approve Nigeria’s $2.7bn external borrowing plan

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<p>Family Bank posted a 22.39 per cent rise in net profit despite the pandemic related disruptions that have hit borrowers resulting in an increase in loan repayments in the banking industry. Despite this, the Group recorded an 11.4 per cent reduction in net non-performing loans to $35.9 million. Stephen Ngugi, Chief Financial Officer, Family Bank joins CNBC Africa for more.</p>


Family Bank’s profit rises 22.39% despite COVID-19 headwinds

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<p>Earlier this year treasury published the draft amendments to Regulation 28 of the Pension Funds Act for public comment. The matter remains contentious as questions about what this means for our pension funds remain. Capital markets company Intellidex has also responded to section 28 saying the proposed reforms are positive, but they also say some are likely to be negative from a public interest perspective. Peter Attard Montalto, Head of Capital Markets Research at Intellidex joins CNBC Africa for more.</p>


Draft amendments to Regulation 28: Good or bad?

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<p>In Uganda, Capital Markets Authority asked the Ministry of Finance to have five Ugandan companies list shares on the local stock exchange.</p>


Uganda: CMA wants 5 companies to list on the USE

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<p>Banana wine may not that popular in the region, but it is the best-selling product in Rwanda, and there seems to be deliberate efforts by the government to prop up this nascent industry.</p>


Reuters

Side hustles: What’s legal, what’s not?

Sakhumnotho’s Mseleku reflects on 20 years in business, why he believes the future is African

SASBO questions ABSA interim CEO appointment

Kenya, Uganda sign pact to ease trade tension

What’s driving investor appetite for African start-ups?

Back-to-back highs for Uganda Securities Exchange

How has Covid-19 lockdown impacted SA’s township economy & what might recovery look like?

Africa private wealth expected to rise by 30% over next decade, report finds

Clicks reports increase in earnings, eyes new store openings

Moody’s: Outlook on Mauritius’s sovereign remains negative

Kenya, DRC sign multiple deals on economy, security

Can the global supply chain withstand another crisis?

Lawmakers approve Nigeria’s $2.7bn external borrowing plan

Family Bank’s profit rises 22.39% despite COVID-19 headwinds

Draft amendments to Regulation 28: Good or bad?

Uganda: CMA wants 5 companies to list on the USE

Can Rwanda’s banana wine be competitive regionally?

News Tips

Advertise With Us

Reuters

Side hustles: What’s legal, what’s not?

Sakhumnotho’s Mseleku reflects on 20 years in business, why he believes the future is African

SASBO questions ABSA interim CEO appointment

Kenya, Uganda sign pact to ease trade tension

What’s driving investor appetite for African start-ups?

Back-to-back highs for Uganda Securities Exchange

How has Covid-19 lockdown impacted SA’s township economy & what might recovery look like?

Africa private wealth expected to rise by 30% over next decade, report finds

Clicks reports increase in earnings, eyes new store openings

Moody’s: Outlook on Mauritius’s sovereign remains negative

Kenya, DRC sign multiple deals on economy, security

Can the global supply chain withstand another crisis?

Lawmakers approve Nigeria’s $2.7bn external borrowing plan

Family Bank’s profit rises 22.39% despite COVID-19 headwinds

Draft amendments to Regulation 28: Good or bad?

Uganda: CMA wants 5 companies to list on the USE

Can Rwanda’s banana wine be competitive regionally?

News Tips

Advertise With Us

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