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<p>Capitec’s headline earnings per share dropped 78 per cent, as the bank suffered from the effects of COVID-19.</p>


Capitec reports 78% drop in headline earnings due to COVID-19

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<p>Icasa will publish the invitations for its licensing process of Wireless Open Access Network and IMT spectrum by Friday. The allocation of spectrum to mobile networks has been on high demand with both government and companies demanding the service. Joining CNBC Africa to unpack the spectrum auction is Dimakatso Qocha, Councillor at ICASA.</p>


Icasa: Mobile operators set to bid for spectrum from Friday

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<p>COVID-19 has changed the classroom as we know it. Globally, education systems have adapted and adopted digital technologies to the new way of learning. In South Africa, the virtual classroom has highlighted one of the many issues that the country faces, which is the great digital divide. Professor Ahmed Bawa, CEO of Universities of South Africa joins CNBC Africa for more.</p>


What is the new normal for SA universities amid COVID-19?

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<p>Pfizer and BioNTech have started its enrolment of participants in South Africa for its phase 3 COVID-19 vaccine trials.</p>


Pfizer & BioNTech phase 3 COVID-19 vaccine trials resume in SA

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<p>Sasfin has reported a headline loss per share of 151 cents, compared to headline earnings per share of 501 cents previously. The financial services provider has decided not to declare a final dividend, as it braces for further pressure on South African businesses. Sasfin CEO, Michael Sassoon joins CNBC Africa for more.</p>


Sasfin withholds final dividend as COVID-19 weigh on earnings

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<p>South Africa’s largest supplier of vanadium, Bushveld Minerals, has reported a $10.7 million loss before tax, for the six months ended June. This is due to revenue lost from COVID-19, as a result of lower vanadium prices and lost production. The company that is listed on the London Stock Exchange, is still to be listed on the Johannesburg Exchange. Joining CNBC Africa to review the results and its new Production Financing Agreement is Fortune Mojapelo, CEO of Bushveld Minerals.</p>


Bushveld Minerals CEO on financing agreement with Orion

Bushveld Minerals CEO on financing agreement with Orion, COVID-19 impact

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<p>Collaboration between the South African government, The UK and leading global organisations will see the acceleration of the development, production and access to new COVID-19 diagnostics, therapeutics and vaccines. James Duddridge, UK Minister for Africa joins CNBC Africa for more.</p>


UK, South Africa to collaborate on COVID-19 vaccine development

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<p>South Africa consumer price inflation slowed to 3.1 per cent in August, down from 3.2 per cent in July. On a month-on-month basis core inflation fell, to 0.2 per cent from 0.7 per cent previously. Patrick Kelly, Chief Director at Stats SA joins CNBC Africa for more.</p>


SA consumer price inflation slows to 3.1% in August

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<p>Ratings agencies Moody’s and Fitch cut Angola’s credit rating further into Junk in recent weeks citing weak fiscal prospects, lower oil prices and a depreciating currency. Joining CNBC Africa for more and Angola’s MPC meeting is Rui Oliveira, CEO at BFA Asset Management.</p>


Moody’s

Moody’s, Fitch cut Angola’s credit rating deeper into junk

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<p>Stats SA has left many people confused, with its unemployment survey stating that the unemployment rate in second quarter decreased to 23.3 per cent, from 30.1 per cent in the first quarter. The agency has warned that the numbers were not as expected, due to the adopted definitions and a smaller sample size. Joining CNBC Africa to give insight is Annabel Bishop, Chief Economist at Investec and Jeff Schultz, Senior Economist at BNP Paribas South Africa.</p>


SA economy sheds 2.2million jobs in the second quarter

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<p>Investors expressed delight this morning, with EPP’s share price jumping 8 per cent, after Poland’s largest retail landlord released its interim results. While EPP’s earnings were impacted by COVID-19 and lockdowns, the company reported a secure liquidity position. EPP CEO, Tomazs Trzósło joins CNBC Africa for more.</p>


EPP share price jumps 8% on half-year results

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<p>South Africa has one of the highest unemployment rates in the world and this data has been worsened due to the devastation of job losses amid the COVID-19 crisis. South Africa’s second quarter unemployment figure saw 2.2 million jobs shed and joining CNBC Africa for more is Dumi Jere, CEO of Talanta.co.</p>


Finding solutions to SA’s unemployment crisis

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<p>Remgro has just released its full year results. In the company’s trading statement 2 weeks ago, headline earnings were projected to drop between 65 per cent and 75 per cent. This is with the negative impact caused by COVID-19 and lockdown measures. Remgro CEO, Jannie Durand joins CNBC Africa for more.</p>


Remgro sees decline in headline earnings on COVID-19 impact

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<p>Namibia’s second quarter GDP contracted by 11.1 per cent, this was in line with market expectations despite a surge in activity in its Agriculture sector. A slew of African countries will also release GDP numbers this week with eyes on Kenya, Botswana and Mauritius. Ridle Markus, Africa Strategist, Absa Corporate and Investment Banking joins CNBC Africa for more.</p>


Namibia’s second quarter GDP contracts by 11.1%

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<p>Power Lunch, Africa, South Africa, Southern Africa, Executive, COVID-19, coronavirus, Reuters, COVID-19, COVID-19 lock-down, Ludovic de Beaucoudrey, Janssen South Africa, Johnson &#038; Johnson, COVID-19 vaccine trial,</p>


Johnson & Johnson starts global phase 3 COVID-19 vaccine trial

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<p>COVID-19 has had a devastating impact on small and medium-sized businesses, with some unfortunately having to shut their doors permanently. As small businesses navigate the challenging environment, digital transformation has become imperative for their survival. In light of this, Yoco has launched a Small Business Recovery Monitor. The company provides card machines and online payment tools to over 80 000 small businesses. Katlego Maphai, CEO of Yoco joins CNBC Africa for more.</p>


How have small businesses fared during the COVID-19 lock-down?

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<p>Voices are getting louder around the topic of financial inclusion and ownership in corporates. These efforts aim to change the status quo, so that we can build an inclusive economy amid and post COVID-19. The conversation around equity ownership for lower level employees in companies is gaining traction and Ian Fuhr, Founder of The Hatch Institute &#038; Sorbet Group joins CNBC Africa for more.</p>


South Africa

Capitec reports 78% drop in headline earnings due to COVID-19

Icasa: Mobile operators set to bid for spectrum from Friday

What is the new normal for SA universities amid COVID-19?

Pfizer & BioNTech phase 3 COVID-19 vaccine trials resume in SA

Sasfin withholds final dividend as COVID-19 weigh on earnings

Bushveld Minerals CEO on financing agreement with Orion, COVID-19 impact

UK, South Africa to collaborate on COVID-19 vaccine development

SA consumer price inflation slows to 3.1% in August

Moody’s, Fitch cut Angola’s credit rating deeper into junk

SA economy sheds 2.2million jobs in the second quarter

EPP share price jumps 8% on half-year results

Finding solutions to SA’s unemployment crisis

Remgro sees decline in headline earnings on COVID-19 impact

Namibia’s second quarter GDP contracts by 11.1%

Johnson & Johnson starts global phase 3 COVID-19 vaccine trial

How have small businesses fared during the COVID-19 lock-down?

How low should financial inclusion & ownership go?

News Tips

Advertise With Us

South Africa

Capitec reports 78% drop in headline earnings due to COVID-19

Icasa: Mobile operators set to bid for spectrum from Friday

What is the new normal for SA universities amid COVID-19?

Pfizer & BioNTech phase 3 COVID-19 vaccine trials resume in SA

Sasfin withholds final dividend as COVID-19 weigh on earnings

Bushveld Minerals CEO on financing agreement with Orion, COVID-19 impact

UK, South Africa to collaborate on COVID-19 vaccine development

SA consumer price inflation slows to 3.1% in August

Moody’s, Fitch cut Angola’s credit rating deeper into junk

SA economy sheds 2.2million jobs in the second quarter

EPP share price jumps 8% on half-year results

Finding solutions to SA’s unemployment crisis

Remgro sees decline in headline earnings on COVID-19 impact

Namibia’s second quarter GDP contracts by 11.1%

Johnson & Johnson starts global phase 3 COVID-19 vaccine trial

How have small businesses fared during the COVID-19 lock-down?

How low should financial inclusion & ownership go?

News Tips

Advertise With Us

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