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<p>Tiger Brands has reported a 23 per cent drop in headline earnings per share. The results reflect the challenges faced by the company in maintaining margins. Lockdown measures created favourable tailwinds in some areas, with corresponding headwinds in others. Tiger Brands CEO, Noel Doyle joins CNBC Africa for more.</p>


Tiger Brands reports 23% drop in headline earnings

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<p>Investec has reported a 50 per cent fall in adjusted basic earnings per share, for the six months ended September. The group has returned to dividend territory, declaring an interim dividend of 5.5 pence. Investec CEO, Fani Titi joins CNBC Africa for more.</p>


Investec to pay dividend despite fall in profits

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<p>The Gauteng Medium Term Budget Policy Statement was presented today at the Legislature, by MEC of Finance and e-Government Nomantu Nkomo-Ralehoko. R45.5 million has been given to the Provincial Road Maintenance Grant for job-creation. CNBC Africa spoke to Jacob Mamabolo, Gauteng MEC for Public Transport &#038; Roads Infrastructure for more.</p>


#GPMTBPS: MEC Mamabolo on how Gauteng is empowering local entrepreneurs through Infrastructure projects

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<p>Releasing its interim results this morning, Vodacom has reported a rise of 15.7 per cent in headline earnings per share. The company added 4.1 million customers, to serve a combined 120 million customers across the group. Vodacom declared an interim dividend of 415 cents per share up 9.2 per cent. Vodacom CEO, Shameel Joosub joins CNBC Africa for more.</p>


Vodacom reports 15.7% jumps in H1 earnings as pandemic boosts growth

Vodacom reports 15.7% jump in H1 earnings as pandemic boosts growth

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<p>Zambia’s debt issues continue, as the country went into a sovereign default on Friday. Zambia’s Eurobond holders rejected a request from the government to defer interest payments. Zambia missed payment of a $42.5 million coupon last month. It had until the end of business on Friday, to pay. Zambia’s Vice President Inonge Wina had said that the country would not default. Joining CNBC Africa for the latest Sub-Saharan Africa update is Ridle Markus, Africa Strategist at Absa Corporate &#038; Investment Banking.</p>


Zambia Eurobond holders reject request to defer interest payments

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<p>Power utilities in Africa have presented significant challenges for the continent’s economy. In South Africa, we know that Eskom has been one of the inhibitors of growth. With the transition to cleaner energy, there is now a greater need to design sustainable and agile power utilities. Ibrahima Konate, Manager of the Power Utilities Division at the African Development Bank joins CNBC Africa for more.</p>


What the future holds for Africa’s power utilities

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<p>The Anchor Group intends to delist from the Johannesburg Stock Exchange early next year. Anchor has given shareholders two options &#8211; either to sell back their shares to the company at R4.25 per share or to retain their shares in the delisted entity. Peter Armitage, CEO of Anchor Capital joins CNBC Africa for more.</p>


Anchor Group wants to delist from the JSE

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<p>Zambia&#8217;s debt dynamics were in a challenging position pre-COVID-19. The impact of the pandemic has only exacerbated these challenges. Joining CNBC Africa to unpack the debt situation in Zambia is Daniel Kavishe, Economist for Sub-Saharan Africa, Rand Merchant Bank.</p>


Zambia’s default risk: How does it affect Africa’s ability to raise capital?

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<p>With the African continent charting its way to recovery, it is the best time to get an update on the FTSE/JSE All Africa Index. Joining CNBC Africa to unpack the performance and relevance of the index is Mzwandile Riba, Head of Data Solutions at the JSE.</p>


How the FTSE/JSE All Africa Index performed in the face of COVID-19

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<p>Trading in Choppies shares has recommenced on the JSE. This follows the same move on the Botswana Stock Exchange on the 27th of July. This was after the publication of audited Group results for the years ended June 2018 and June 2019, as well as the interim results ended December 2019. Ramachandran Ottapathu, CEO of Choppies joins CNBC Africa for more.</p>


Choppies trading recommences on the JSE

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<p>Multichoice has exceeded the 20 million subscriber milestone for the first time. The group continued its strategic focus of investing in local content and produced 1 870 additional hours.  MultiChoice CEO, Calvo Mawela joins CNBC Africa for more.</p>


Multichoice exceeds 20 million subscribers

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<p>The official unemployment rate in South Africa rose to 30.8 per cent in the third quarter. This is the highest rate, since the commencement of the Stats SA Labour Force Survey in 2008. Kevin Lings, Chief Economist at Stanlib joins CNBC Africa to unpack the numbers.</p>


SA unemployment: Where to from here?

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<p>In the third quarter, there was a significant increase of 7.5 per cent in the South African unemployment rate to 30.8 per cent. The unemployment rate &#8211; according to the expanded definition &#8211; increased by 1.1 percentage points to 43.1 per cent in the third quarter compared to the second quarter of this year. This figure includes those who have given up looking for work. Annabel Bishop, Chief Economist at Investec joins CNBC Africa for more.</p>


SA unemployment rate rises to 30.8%

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<p>Google and the International Finance Corporation estimate that Africa’s internet economy has the potential to reach 5.2per cent of the continent’s GDP by 2025. This would contribute nearly $180 billion to the economy. Driving this growth is a combination of factors; including a vibrant start-up ecosystem, and Africa’s commitment to creating the Africa Continental Free Trade Area. Joining CNBC Africa to unpack the latest report from Google &#038; the IFC is Nitin Gajria, Director at Google Africa.</p>


Africa’s internet economy projected to grow to $180bn by 2025

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<p>The South African political landscape has been riddled with corruption for years, with the actions of officials in the spotlight in 2020. We have seen promises that President Cyril Ramaphosa made in his campaign coming to fruition, with government officials and businesspeople being charged for corruption. The latest being ANC Secretary-General Ace Magashule, who will appear in court tomorrow. Is Ramaphosa playing the right chess pieces? Daniel Silke, Director at Political Futures Consultancy joins CNBC Africa for more.</p>


What Ace Magashule’s arrest means for ANC’s factional battles

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<p>Growthpoint Properties this morning announced that it successfully closed its sizeable R4.3 billion equity raise, which opened yesterday afternoon. The placement was 2.74 times oversubscribed. The company initially sought to raise R4billion, which it increased in response to the strong demand for new Growthpoint shares. Growthpoint SA CEO, Estienne de Klerk joins CNBC Africa for more.</p>


Growthpoint raises R4.2bn equity capital through placement

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<p>COVID-19 has delivered a significant blow to global economies, with the oil and gas industry being particularly vulnerable. According to the PwC Africa Oil &#038; Gas Review, global peak oil demand is behind us. And COVID-19 has accelerated the global energy transition, by as much as five years. Joining CNBC Africa to unpack the report is James Mackay, Director of Energy Strategy &#038; Infrastructure at PwC.</p>


South Africa

Tiger Brands reports 23% drop in headline earnings

Investec to pay dividend despite fall in profits

#GPMTBPS: MEC Mamabolo on how Gauteng is empowering local entrepreneurs through Infrastructure projects

Vodacom reports 15.7% jump in H1 earnings as pandemic boosts growth

Zambia Eurobond holders reject request to defer interest payments

What the future holds for Africa’s power utilities

Anchor Group wants to delist from the JSE

Zambia’s default risk: How does it affect Africa’s ability to raise capital?

How the FTSE/JSE All Africa Index performed in the face of COVID-19

Choppies trading recommences on the JSE

Multichoice exceeds 20 million subscribers

SA unemployment: Where to from here?

SA unemployment rate rises to 30.8%

Africa’s internet economy projected to grow to $180bn by 2025

What Ace Magashule’s arrest means for ANC’s factional battles

Growthpoint raises R4.2bn equity capital through placement

PwC on how COVID-19 has accelerated the global energy transition

News Tips

Advertise With Us

South Africa

Tiger Brands reports 23% drop in headline earnings

Investec to pay dividend despite fall in profits

#GPMTBPS: MEC Mamabolo on how Gauteng is empowering local entrepreneurs through Infrastructure projects

Vodacom reports 15.7% jump in H1 earnings as pandemic boosts growth

Zambia Eurobond holders reject request to defer interest payments

What the future holds for Africa’s power utilities

Anchor Group wants to delist from the JSE

Zambia’s default risk: How does it affect Africa’s ability to raise capital?

How the FTSE/JSE All Africa Index performed in the face of COVID-19

Choppies trading recommences on the JSE

Multichoice exceeds 20 million subscribers

SA unemployment: Where to from here?

SA unemployment rate rises to 30.8%

Africa’s internet economy projected to grow to $180bn by 2025

What Ace Magashule’s arrest means for ANC’s factional battles

Growthpoint raises R4.2bn equity capital through placement

PwC on how COVID-19 has accelerated the global energy transition

News Tips

Advertise With Us

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