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<p>Covid-19 has given rise to an unprecedented response in fiscal policy. In the last twelve months, countries have announced $16 trillion in fiscal actions. However, those measures were expensive and contributed to historically high debt levels. With countries recovering at different speeds, how can everyone be given a fair shot at recovery? Vitor Gaspar, Director of the Fiscal Affairs Department at the International Monetary Fund joins CNBC Africa for more.</p>


IMF’s Gasparon on Africa’s fiscal policy outlook in 2021

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<p>Nigeria’s health sector is facing further strain after doctors under the National Association of Resident Doctors (NARD) embarked on an industrial action since the first of April to demand better wages and allowances.   A meeting of parties involved earlier scheduled for Tuesday has been put on hold, and President of the Association, Uyilawa Okhuaihesuyi joins CNBC Africa to discuss the progress on their engagement with the government.</p>


NARD President

NARD President, Okhuaihesuyi gives update on efforts to resolve doctors’ strike

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<p>The Founder and CEO of Sparkle, Uzoma Dozie, says small businesses are the largest employer of labour in Nigeria but lack access to basic services that will help their businesses. Sparkle, a financial ecosystem solutions provider is looking to change this and help small businesses and SMEs access the much-needed products and services to grow their enterprises digitally. Uzoma Dozie joins CNBC Africa for more.</p>


Nigeria’s Sparkle retools to drive digital growth for SMEs

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<p>At midnight today the petrol price saw a record jump of R1 brining the price of 95 octane to R17 per litre. Of course this is another major blow on South African&#8217;s pockets and the consumers may soon have to make some difficult decisions on their everyday commute. What is the jump attributed to? Joining CNBC Africa for more is Johann Els, Chief Economist Old Mutual Investment Group.</p>


How the record jump in petrol price impacts SA’s economy

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<p>The current unemployment rate in South Africa is currently at 32.5 per cent, with the country hitting this record high due to the effects of the Covid-19 pandemic. Of the 7.2 million job seeking South Africans, many are part of the Temporary Employment Services sector which tends to lay off workers first when the economy is at a downturn. A leader in this labour broker space is the Confederation of Associations in the Private Employment Services, and the Spokesperson Natalie Singer joins CNBC Africa for more.</p>


Labour broking in SA: Should govt offer more protection to temporary service employees?

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<p>The Eskom Pension and Provident Fund has appointment Shafeeq Abrahams as the new Chief Executive and Principal Officer, replacing Linda Mateza in the role.</p>


EFFPO

EPPF Principal Officer, Abrahams discusses investment strategy amid COVID-19

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<p>The adoption of electric vehicles as an alternative to fossil fuels is crucial for tackling climate change.  But the road to E-mobility especially in Africa has not been without challenges. CNBC Africa&#8217;s Tesi Kaven takes a look at Rwanda&#8217;s journey to E-mobility.</p>


Tracking Rwanda’s journey to e-Mobility

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<p>Last year, Rwanda embarked on a plan that was expected to drive economic recovery through key sectors such as mining. After tourism was hit harder, the government turned to mining for recovery. Where does the country stand now? Francis Gatare of Rwanda Mines, Gas &#038; Petroleum Board spoke to CNBC Africa’s Julius Bizimungu for more.</p>


RMB’s Gatare on how the mining sector can drive Rwanda’s recovery

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<p>As Ghana works on its economic recovery, President Nana Akufo-Addo says an additional three hundred thousand vaccines are expected in the course of this week as the country is targeting 20 million vaccinations by the end of the year.</p>


GATSII50

Unpacking Ghana’s economic recovery & vaccination strategy

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<p>A conversation is underway on how Africa is juggling efforts to fight the Covid-19 Pandemic and the effects of Climate Change. The African Development Bank and the Global Center on Adaptation is hosting some African heads of state for this conversation, and joining CNBC Africa for more is Dr Akinwumi Adesina, President of the African Development Bank and Dr Patrick Verkooijen, CEO of Global Center on Adaptation.</p>


Why climate adaptation is critical to Africa’s COVID-19 recovery

AfDB’s Adesina explains why climate adaptation is critical to Africa’s recovery

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<p>The World Bank says inflation pressures are expected to remain high in Nigeria, after the last print out for February was recorded at 17.3 per cent, which was the highest since April 2017. However, the World Bank also notes that Nigeria’s private sector activity is showing signs of a rebound as the PMI for February rose to 52 points. Sam Chidoka, CEO of Kairos Capital joins CNBC Africa for more.</p>


World Bank expects Nigeria’s inflation pressures to remain high

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<p>According to UNCTAD’s 2020 world investment report, foreign direct investment inflows to Somalia reached about $447 million in 2019, up from $408 million in 2018. FDI stock amounted to $3.1 billion in 2019. However, instability in the country remains a major concern. Mohamed Dubo, Director of the Somalia Investment Promotion Office at the Ministry of Planning, Investment, and Economic Development joins CNBC Africa for more.</p>


SOMINVEST Director

SOMINVEST Director, Dubo on what makes Somalia attractive to foreign investors

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<p>The Absa Purchasing Managers’ Index rose for a third consecutive month, to reach 57.4 index points in March. This is from 53 the month before. The increase was supported by an improvement in all five subcomponents, relative to February. Joining CNBC Africa to unpack the latest numbers is Peter Worthington, Senior Economist at Absa.</p>


SA’s Absa PMI rises for third consecutive month

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<p>Kenya&#8217;s national carrier Kenya Airways recently posted a historic loss of about $330 million for the 2020 fiscal year; this has left many wondering if the national carrier is staring at a bleak future. CNBC Africa spoke to the Board Chairman of Kenya Airways, Michael Joseph, to shed more light on this.</p>


Kenya: Grey skies for national carrier?

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<p>Axa Mansard has reported a 56 per cent increase in its profit after tax for 2020. The company has also raised its share capital to 18 billion naira. Chief Financial Officer, Ngozi Ola-Isreal joins CNBC Africa for more on their earnings and growth strategy for the year.</p>


Axa Mansard FY’20 gross written premium up 9%

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<p>Nigeria is working on a National Dairy policy and consultations with stakeholders have begun. Speaking on the need for the policy, Minister of Agriculture and Rural Development says it will reduce Nigeria’s dairy imports which accounts for 60 per cent of dairy products consumed in Nigeria. Meanwhile, the Central Bank of Nigeria says the policy will save about $1.8 billion annually. Muhammadu Abubakar, National President of Commercial Dairy Ranchers Association of Nigeria, CODARAN joins CNBC Africa for more.</p>


Nigeria looks to boost dairy value chain with national policy

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<p>There are developments in the South32 deal with Seriti. The is waiting for approval from Eskom and Natioanal treasury in the sale of its energy coal division, but in the meantime they provided further support to Seriti. This included amending the original share purchase agreement by adjusting the up-front cash payment to a nominal consideration and removing the deferred consideration mechanism. Mike Fraser, Chief Operating Officer of South32 joins CNBC Africa for more.</p>


Reuters

IMF’s Gasparon on Africa’s fiscal policy outlook in 2021

NARD President, Okhuaihesuyi gives update on efforts to resolve doctors’ strike

Nigeria’s Sparkle retools to drive digital growth for SMEs

How the record jump in petrol price impacts SA’s economy

Labour broking in SA: Should govt offer more protection to temporary service employees?

EPPF Principal Officer, Abrahams discusses investment strategy amid COVID-19

Tracking Rwanda’s journey to e-Mobility

RMB’s Gatare on how the mining sector can drive Rwanda’s recovery

Unpacking Ghana’s economic recovery & vaccination strategy

AfDB’s Adesina explains why climate adaptation is critical to Africa’s recovery

World Bank expects Nigeria’s inflation pressures to remain high

SOMINVEST Director, Dubo on what makes Somalia attractive to foreign investors

SA’s Absa PMI rises for third consecutive month

Kenya: Grey skies for national carrier?

Axa Mansard FY’20 gross written premium up 9%

Nigeria looks to boost dairy value chain with national policy

South32 boosts support to Seriti in coal deal

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Advertise With Us

Reuters

IMF’s Gasparon on Africa’s fiscal policy outlook in 2021

NARD President, Okhuaihesuyi gives update on efforts to resolve doctors’ strike

Nigeria’s Sparkle retools to drive digital growth for SMEs

How the record jump in petrol price impacts SA’s economy

Labour broking in SA: Should govt offer more protection to temporary service employees?

EPPF Principal Officer, Abrahams discusses investment strategy amid COVID-19

Tracking Rwanda’s journey to e-Mobility

RMB’s Gatare on how the mining sector can drive Rwanda’s recovery

Unpacking Ghana’s economic recovery & vaccination strategy

AfDB’s Adesina explains why climate adaptation is critical to Africa’s recovery

World Bank expects Nigeria’s inflation pressures to remain high

SOMINVEST Director, Dubo on what makes Somalia attractive to foreign investors

SA’s Absa PMI rises for third consecutive month

Kenya: Grey skies for national carrier?

Axa Mansard FY’20 gross written premium up 9%

Nigeria looks to boost dairy value chain with national policy

South32 boosts support to Seriti in coal deal

News Tips

Advertise With Us

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