Is South Africa still a gate way for international businesses looking for a foothold on the continent and what do business people do after they sell a majority stake in their eight year old asset? On this episode of the MoneyMakers, Bruce Whitfield discusses the impact of downgrades on small to medium sized businesses and why Entrepreneur and Global Business Speaker, Vusi Thembekwayo is investing his own millions into new businesses.
Views: 36127 CNBCAfrica
The change we are seeing in Zimbabwe means the country has a fresh opportunity to kick-start and rebuild the economy and reintegrate internationally. Former Zimbabwean finance minister, Tendai Biti is man well aware having stabilised the economy during his time. He joins CNBC Africa for more.
Views: 11990 CNBCAfrica
On this episode 2 of My Worst Day, host Peace Hyde is joined by Africa's Richest Man Aliko Dangote, as he shares his remarkable journey from being a trader to building the largest conglomerate in Africa and establishing the largest cement factory in the world.
Views: 75693 CNBCAfrica
www.abndigital.com Farmers in Kenya's highlands are now embracing fish farming as an alternative source of income, thanks to the Government's Economic Stimulus Plan. The funds have been channelled towards start-up of modern fish farms and purchase of fingerlings, which have in turn propped the country's fish production capacity. ABN's Beatrice Gachenge tells us more.
Views: 96291 CNBCAfrica
What would you do with (Ksh4,800) US$48? Doesn't sound like a lot of money but that's what Anzazi Kiti used to set up Taste Afrique Limited, a business that manufactures natural food seasoning spices. CNBC Africa's Charles Gitonga visited her premises and filed this report.
Views: 12571 CNBCAfrica
(www.abndigital.com) On Captains of Industry we speak to the man at the helm of Nigeria's Central Bank. Sanusi Lamido Sanusi was appointed as the Central Bank Governor back in June 2009. An Islamic scholar, Sanusi previously held the position of Group Chief Executive at First Bank of Nigeria.
Views: 29817 CNBCAfrica
(www.abndigital.com) Few African countries can claim middle income status, free education through university and free health care - without any exploitable mineral wealth. Joining ABN's Lerato Mbele to discuss the Mauritian economic miracle is Mauritian academic and former Member of Parliament Amedee Darga.
Views: 5592 CNBCAfrica
Suitors are queuing up to capitalize on Ghanas oil resources. While this wealth is not near as much as Nigeria or Angola, the countrys Jubilee Field is one of biggest discoveries in West Africa in over a decade. Jubilee, so named because it was discovered the same year Ghana celebrated 50 years of independence is expected to produce around 120,000 barrels a day by 2010.
Views: 23698 CNBCAfrica
There are two things you notice when driving around Kampala. The first are the borda-bordas, motorcycle taxis which are definitely the quickest and easiest way to avoid a traffic jam. The second is the amount of banks. There are over 20 banks in Uganda to service a population of 30 million people. While these banks were not exposed to toxic sub-prime assets, the financial sector suffered a major shock when, like other open African economies, foreign investors pulled their money out during the height of the financial crisis.
Views: 52872 CNBCAfrica
About half a million tons of snails are consumed globally each year mainly in Europe and West Africa. In Kenya, Rosemary Odinga is the only entrepreneur who has ventured into heliculture - commonly known as snail farming, eager to whet the appetite of Kenyans with this foreign delicacy. CNBC Africa's Christine Wendo files this report.
Views: 25142 CNBCAfrica
www.abndigital.com The property millionaires and billionaires of South Africa are typically the unassuming type, quietly making their fortunes in an industry that is still the best performer despite market volatility. Could investing in the property be the key to your financial freedom? Finweek looks at how you can become a Property Mogul with Keillen Ndlovu,Head: Property Funds at Stanlib and Jonathan Davies, joint area manager for Pam Golding Properties Hyde Park office.
Views: 25843 CNBCAfrica
Kenya is Africa's second biggest formalised retail economy after South Africa, according to a recent study by global research firm, Nielsen. Riding on this success wave is the Hub Karen Mall, the second biggest shopping space in Kenya. CNBC Africa's Christine Wendo talked to Jonathan Yach, Manager of the Hub Karen Mall on the trends driving this growth and more.
Views: 20497 CNBCAfrica
Irrespective of the fund size, mandate and returns- investment schemes can be a great way to encourage and introduce ordinary folks into the market. This includes investment in the stock exchange to funding and acquiring stakes in start-up companies. Tonight, Bruce Whitfield is joined by Vijay Bhana, Baccus Amgee, Prakash Vanmali are all members of the HiGain Investment Club to tell us about how and why they decided to start the Club.
Views: 4583 CNBCAfrica
(www.abndigital.com) The Namibian newspaper today reported an "upper-class housing boom" in Namibia's prime holiday destination, Swakopmund. For a closer look at the housing sector ABN's Lerato Mbele is joined by Namene Kalili, Manager: Research & Competitor Intelligence at FNB Namibia.
Views: 4746 CNBCAfrica
As the country's economic outlook takes a turn for the worst, with the GDP contracting by 0.7 in the first quarter of 2017, a stronger economic growth is required to return the public finances to a sustainable position. This will put South Africa back on a path of rising employment and increasing prosperity and of course, South Africa's youth as well as the entrepreneurs need to be at the centre of this. Joining CNBC Africa to unpack this are Matsi Modise, Managing Director, Simodisa, Olebogeng Sentsho, Head of Operations at Yeabo Mining and Vusi Thembekwayo, Venture Capitalist.
Views: 5398 CNBCAfrica
(www.abndigital.com) In this episode of Mansfield's Money Sense, Jeremy Mansfield takes a look at Private Banking and what is involved in qualifying for the service. Jeremy is joined in studio by Mohale Ralebitso, Managing Executive of Private banking at ABSA and Harold de Kock, Head of Sales and Service at BoE Private Clients.
Views: 15724 CNBCAfrica
ABN's Alishia Seckam and Lindsay Williams speaks with Lyal White, Director at the centre for Dynamic Markets at GIBS, to discuss an in-depth look at Mexico.
Views: 32767 CNBCAfrica
(www.abndigital.com) The Great Wall of Lagos is a three and a half kilometre long construction that has been described as one of the world's biggest civil engineering projects; creating eight thousand square meters of new land every day. The Eko Atlantic city project has been developed to meet two needs of Lagos State's Victoria Island; space creation and vital protection from the ever encroaching shoreline. The project has now reached the half way stage in land reclamation; we take a look at what this milestone means to the development and what's in store next.
Views: 179866 CNBCAfrica
This week on CNBC Africa's Unstoppable we feature a resilient man who defied the odds in the real estate sector as not only an interior designer but also a developer. Lee Karuri speaks of his fair share of challenges that he has overcame to become the person he is today.
Views: 5022 CNBCAfrica
Lusaka, Zambia's heartland and capital city is the country's chief administrative centre and a major financial, transportation, and manufacturing hub. Lusaka is one of the fastest growing cities in the SADC region with a population that stands at 1 461 000, this according to the Southern African cities network. Joining CNBC Africa's Nozipho Mbanjwa to look at the Investment case of the City of Lusaka is Thierry Boulanger, Director for IT and Business to Business Solutions at Samsung Africa and Mark O'Donnell, MD at Union Gold and Habeenzu Mulunda , Public Relations Manager for the Lusaka City Council.
Views: 10728 CNBCAfrica
The story we'll be taking and applying to our lives as pioneers of this wonderful continent tonight comes from a lady of true power. She is none other than one of the most influential women in South Africa right now, Phuti Mahanyele. As the former CEO of Shanduka Group, she laid the bricks for her corporate success. In the process, she helped grow Shanduka's net asset value to about R8 billion during her term of reign.
Views: 3680 CNBCAfrica
In 2009 he dropped of the Forbes rich list after the share price in his petroleum business plummeted more than 80 per cent. This month Africa's latest billionaire Femi Otedola the Chairman of Forte Oil, is on the cover of Forbes Africa, watch as we get a behind the scenes look at his life, and find out how he made it back.
Views: 36803 CNBCAfrica
Looking for the best strategies to use when it comes to wealth creation, perseveration and transfer? CNBC Africa's Gugulethu Cele sits down with Head of Family Office at ABSA, Vuyani Jones.
Views: 2467 CNBCAfrica
(www.abndigital.com) It appears many farmers in Africa have Georgia on their minds. More than sixty have applied to make the journey across the world to farm in the former Soviet Republic with the promise of cheap freehold government land. The Transvaal Agricultural Union - which is backing the move to Georgia - believes as many as a thousand skilled South African farmers could go to plough their own furrow in Georgia - a potential loss of farming skills for Africa. ABN's Senior Journalist Chris Bishop reports from Pretoria.
Views: 6059 CNBCAfrica
(www.abndigital.com) Horticulture accounts for 5% of the 25% agricultural sector's contribution to Kenya's GDP. To steer up this critical sectors contribution, Kenya's Agricultural research institute and fresh produce exporters association, this week launched the first ever practical training centre. ABN's Loise Wachira was at the launch to find out more on this new centre's offering to the sector.
Views: 10052 CNBCAfrica
Original Publish Date: || Tue, 12 Aug 2014 04:43:46 GMT || Machela Bridgette Sathekga, South Africa's first black female actuary at Liberty Corporate joins CNBC Africa to celebrate winning women.
Views: 3063 CNBCAfrica
Host Ran Neu-Ner takes his weekly plunge into the world of Crypto Currency trading where he chats to traders, ICOs and gives you, the audience tips and tricks on trading in Crypto currency.
Views: 75897 CNBCAfrica
Kenya had the highest number of infrastructure projects in East Africa in 2015, according to the Africa Construction Trends Report by Deloitte East Africa. Another study by Metropol Corporation Limited also says that the economy will grow at 5.5 per cent this year, supported by expenditure in mega projects. CNBC Africa's Charles Gitonga reports.
Views: 5494 CNBCAfrica
Entrepreneurs have to face up to many bad days. It comes with the territory. But some days are a lot worse than others. At the end of the worst day for Tonye Cole, co-founder of Sahara Group, and his partner, they had literally lost everything. They had staked their life savings on a business venture which had every guarantee for success, and then suddenly disaster struck. He tells My Worst Day's Peace Hyde that while it looked like a complete disaster, this day also opened up opportunities.
Views: 7863 CNBCAfrica
As part of our women's months feature we have what we call our fire starters. Four young women, who at some point in their careers gave up the comfort of a professional job to chase a business dream. These women include - Benzi Kuzwayo, Lerato Motsamai, Mogau Seshoene & Sedzani Netshitenzhe. They spoke to CNBC Africa about being a young female entrepreneur in South Africa.
Views: 4826 CNBCAfrica
Robert Kiyosaki, Author, Real Estate Mogul joins CNBC Africa to share his insights about Trump administration, Africa and entrepreneurship.
Views: 3233 CNBCAfrica
CNBC Africa's Gugu Mfuphi chats to Mohammed Dewji, Group Chief Executive Officer of Mohammed Enterprises Tanzania. In November 2013, Forbes Africa magazine named him as the 38th richest man in Africa.
Views: 52037 CNBCAfrica
How do you recover when millions of dollars of your hard earned money go down the drain? What do you do when people lose their lives during that process and there is nobody left standing in your corner? Senator Ben Murray-Bruce joins Peace Hyde as he reveals it all.
Views: 7919 CNBCAfrica
Binod Chaudhary, whose interests range from noodles (Wai Wai) to cement by way of hotels and banking, has trodden the trail and come out as Nepal's sole billionaire, according to Forbes. His Chaudhary Group now has eight noodle plants in India, 72 hotels in 12 countries and is now expanding into East Africa. CNBC Africa's George Ndirangu sat down with Mr, Chaudhary to discuss his ambitious journey.
Views: 61677 CNBCAfrica
How do you know if someone has an MBA - they tell you. They also use a different language. They don't have problems, rather issues and improvement opportunities. For many the MBA is a lifeline to a better future - how important is it though in the 21st century? To find out Bruce Whitfield spoke to Jon Foster Pedley, the Director and Dean at Henley Business School and Colette Symanowitz founder of MBAconnect.net.
Views: 3160 CNBCAfrica
The United Nations projects that Africa will account for a quarter of the world's population by 2050 with an average of 60 per cent of Africans falling under the age of 24 years. This young population poses both an opportunity and a ticking time bomb if the potentials of the youth is not fully harnessed. Paul Adefarasin, Founder and President of the Rock Foundation joins CNBC Africa to discuss the role of leadership in Africa's journey to maximize the potential of its youth.
Views: 1089 CNBCAfrica
Nigeria's real estate world is now riveting from the impact of a new entrant, Sujimoto Construction Limited. Sijibomi Ogundele, CEO of the luxury real estate company shares with CNBC Africa about how he plans to cater to the needs of Nigeria's rapidly increasing upper and middle class and take the company's vision beyond Africa's largest market.
Views: 30818 CNBCAfrica
(www.abndigital.com) The Delta State government continues in its drive to Diversify the delta state economy, on this episode of Delta beyond oil, we'll take a look at Delta State's transport sector poised to attract and promote investment. From its international airports, its sea ports and road networks, Delta beyond Oil takes a tour to see what these facilities have in store
Views: 38082 CNBCAfrica
Botswana is known as cattle country, with an estimated herd of three million cattle, cattle rearing is part of life for the ordinary Motswana and this has been going on for hundreds of years. In recent times there have signs of decline and stagnation in the beef export sector with adverse implications for the viability of cattle farming in the country. Doing Business in Botswana explores the impact on the sector has on the economy.
Views: 13621 CNBCAfrica
President Robert Mugabe resigned after 37 years of autocratic rule. What is next for Zimbabwe and what is the way forward for the country's economy? For more CNBC Africa is joined by Mutumwa Mawere, Chairman of African Resources Limited.
Views: 17006 CNBCAfrica
(www.abndigital.com) From the land of a thousand hills, we bring you "Doing Business in Rwanda", a monthly show focusing on sectorial growth and development in one of Africa's emerging markets. Kicking off this 24 episode series is an overview of Rwanda's reforms towards growth and why the country is considered one of the most attractive investment destinations. Rwanda's restructuring in the way business is conducted has been vital to its economic prosperity; be it through registration of businesses, zero tolerance to corruption or even regulatory policies. ABN's Loise Wachira brings us more insights on the Rwandan business environment.
Views: 4969 CNBCAfrica
Kenya has been named among African countries expected to exhibit rapid GDP growth despite a tough operating environment, the country's monthly inflation for September climbed marginally to 5.97 per cent as the local currency continued to bear pressure. CNBC Africa spoke to Ashif Kassam, the Executive Chairman at RSM, on what are the real threats to its economic health.
Views: 1834 CNBCAfrica