CNBC Africa

13/06/2025

[SPONSORED] The Africa Social Impact Summit gives you the opportunity to network with C-suite executives, impact investors, government officials, the diplomatic community, policymakers, and other leaders from the public, private, development, and civil society sectors, helping you scale your social impact solution.

The convening offers the perfect springboard for developing new impact frameworks for various regions of the African continent. These frameworks aim to build resilience, drive inclusive recovery in changing realities and ensure the African economy, planet, and the people we serve emerge stronger.

If you are interested in seeing solutions that work scaled across African communities, then ASIS 2025 is for you!

Go here for registrations and more info: https://asis2025.theimpactsummit.org/lagos


Africa Social Impact Summit
Sterling One Foundation

13/06/2025

[IN CONVERSATION] South Africa’s youth are showing financial resilience amid rising living costs, according to Standard Bank - South Africa's inaugural Youth Barometer. Young adults aged 18 to 35 are prioritising essentials while still spending on lifestyle, shifting from credit cards to digital tools like buy-now-pay-later, and increasingly driving home loan inquiries.

Women in lower-income households are also emerging as key financial decision-makers.

CNBC Africa’s Rethabile Joala explains.

13/06/2025

[ICYMI] The Body Shop showed up in full swing at CNBC Africa’s Charity Golf Day fuelling players with zesty immunity shots and keeping hands soft with their iconic hand cream. ⛳🌿

A perfect match of wellness and sustainability on the green! 💚✨

13/06/2025

[CATCH-UP] Botswana is set to slash its 2025 growth forecast to near zero amid a diamond sector slump, with a wider budget deficit expected. The IMF projects a 0.4% contraction, as Onalethata Letlole joins to discuss.

🔗 WATCH: https://www.cnbcafrica.com/media/6374186733112/navigating-botswanas-economy/

According to news reports, Botswana will cut its 2025 economic growth forecast to almost zero due to a prolonged downturn in the global diamond industry with the budget deficit also seen widening due to reduced diamond revenue.

13/06/2025

[SPONSORED] Steelxperts, a black woman-owned and managed South African-based provider of quality steel fabrication and steel installation services, participated in the groundbreaking Redstone CSP Project in South Africa by supplying fabricated steel components for the heliostats surrounding the tower.

The Redstone CSP project is the first Tower Concentrated Solar Thermal Power (CSP) plant using molten salt technology in Northern Cape, South Africa.

Read more here: https://www.cnbcafrica.com/2025/steel-xperts-completes-groundbreaking-redstone-tower-csp-project-in-south-africa/

https://www.facebook.com/profile.php?id=61556677941876

13/06/2025

[COMING UP] PLASTIC TO PROFIT! 💸👏 Join Regine le Roux on this week's Africa's Side Hustle as she shares her innovative approach to turning plastic waste into handmade products that generate income! 🛍️💡

Get ready for a dose of inspiration and learn how you can join the sustainable side hustle revolution! 🌟

Babazile Prudence Makhubalo

12/06/2025

[IN CONVERSATION] Tanzania and Uganda have seen currency appreciation, driven by strong coffee exports and rising remittances. Seganyi highlights Uganda’s stronger shilling, supported by fiscal measures and renewed World Bank funding.

Ronald Seganyi from Stanbic Bank - Uganda unpacks this further here: https://www.cnbcafrica.com/media/6374132966112/china-usa-re-open-talks-on-trade-tariffs-assessing-the-nuts-bolts-/

12/06/2025

[SPONSORED] Tune in to today at 17h00 CAT on for insights on Botswana’s inflation outlook, growth forecast, and Debswana’s diamond production cuts with Onalethata Letlole from Stanbic Bank Botswana.

🔗Watch live: https://cnbcafrica.com/live/

12/06/2025

[TOP STORY] Consumer prices in the U.S. have been benign since February, and the May reading continues that trend, according to the Bureau of Labor Statistics’ consumer price index report released Wednesday. Meanwhile, the May jobs report, while better than expected, revised downward the figures for March and April, exposing some weaknesses in the labor market.

Read more: https://www.cnbcafrica.com/2025/good-news-on-u-s-trade-and-inflation-isnt-lifting-markets/

12/06/2025

[IN CONVERSATION] As global uncertainty drives investors back to gold, the metal has surged over 28% in 2025, reaffirming its status as a safe-haven asset. Speaking to CNBC Africa, Standard Bank Group's Kevin Swartz introduced a new Autocall structured note linked to gold mining stocks via the FANEC ETF, offering a 13% annual coupon and accessible through the JSE.

Designed for short to medium-term goals, the product offers a strategic hedge against inflation, volatility and overvalued U.S. equities.

CNBC Africa’s Rethabile Joala explains.

12/06/2025

📢 Notice of Schedule Change

Please be advised that there will be no Market Shows for West Africa on Thursday, 12th June 2025, in observance of a public holiday.

Regular programming will resume the following day.

12/06/2025

[CATCH-UP] With a U.S.–China tariff ceasefire, trade volumes have rebounded, though uncertainty remains. Ronald Seganyi of Stanbic Bank - Uganda joins to discuss and unpack Kenya’s softer PMI.

🔗Watch: https://www.cnbcafrica.com/media/6374132966112/china-usa-re-open-talks-on-trade-tariffs-assessing-the-nuts-bolts-/

As the tariff clock continues to tick, market watchers have remained glued with global trade having suffered a setback. But following the trade tariffs ‘ceasefire’ between the USA and China trade volumes have bounced back but jitters linger.