south africa

George Omuga, Managing Director of EATTA and overseer of the Mombasa Tea Auction, joins CNBC Africa for more insights.

EATTA calls for resolution as Sudan bans Kenyan tea imports

CNBC Africa is joined by July Ndlovu, CEO, Thungela for more. 

Thungela’s full-year HEPS down 27% on weak prices 

Shares of Hulamin under a lot of heat today, dropping more than 13 per cent. The aluminum group released its 2024 results earlier, reporting a 28 per cent decline in basic headline earnings per share to 64c. 

Hulamin H1 HEPS slump 28%

Nigeria's house of representatives passed four tax reform bills last week after making some tweaks to the bills proposed by President Bola Tinubu. Meanwhile, the upper chamber, the Senate, will begin deliberation on the bills this week. 

Will Nigeria's parliament finalise tax reform bills this week?

Nigeria has implemented key policies and reforms to revitalise the country’s mining sector, attract investment and strengthen the sector’s contribution to GDP. 

Will Nigeria's mining reforms unlock fresh investments?

Gold prices broke the $3,000 per ounce mark at the close of last week. The trend is boosted by demand for safe-haven assets as investors remain cautious about President Trump’s tariffs and geopolitical shifts. 

Will gold sustain price rally?

Sun International delivered a solid financial performance for the year ended 31 December 2024, with continuing income rising by 5.1 per cent to R12.6 billion and adjusted headline earnings growing by 13 per cent to R1.3 billion.

Sun International FY HEPS up 17.4% 

The MTN Group has reported a loss after tax of R11.2 billion for its 2024 financial year, a significant decline from the R4 billion profit in 2023. 

MTN Group's FY profit hammered by Nigerian currency devaluation 

CNBC Africa is joined by Nicolaas van der Wath, Senior Economist,  Bureau for Economic Research for this discussion. 

BER: South African households revise 2026 inflation expectations lower

To discuss the broader economic implications of this development, CNBC Africa is joined by George Munga, Analyst and Managing Partner at AMG Consulting Group. 

Sudan suspends all imports from Kenya 

Dar es Salaam Stock Exchange has recorded total revenue of TZS3.36 billion for Q4 2024, with a notable increase in investment income reaching TZS1.00 billion for the period ending December 31, 2024. 

DSE delivers strong asset growth with TZS36.3bn in Q4’24

According to analysts, fuel prices in Uganda have risen from Sh4,980 to an average of Sh5,060 per litre. 

SOUTH AFRICA