CNBC Africa
UK suffers biggest job losses since 2009 as COVID hits
The unemployment rate unexpectedly held at 3.9% but that reflected an increase in people who had given up looking for work and who were therefore not considered to be unemployed, and people who said they were in work but were getting no pay.
The post UK suffers biggest job losses...
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Voice Of America
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CNBC Africa
Ecobank Group announces the 2020 Fintech Challenge Finalists
Ecobank Group (https://Ecobank.com/) today announced the finalists from  the 2020 Ecobank Fintech Challenge. The challenge, in its third edition, is designed to deepen collaboration between Ecobank and Fintechs with Africa focused products.
The 10 finalists Fintechs from 7  diffe...
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CNBC Africa
Glencore scraps $2.6 billion dividend as first-half earnings fall
LONDON (Reuters) – Glencore said on Thursday it was scrapping its dividend to focus on lowering debt as the COVID-19 pandemic forced it to book a $3.2 billion impairment charge. The miner and trader, which had expected to pay $2.6 billion in dividends, the economic outlook was to...
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CNBC Africa
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CNBC Africa
Glencore ups expectations for trading, cuts coal guidance
LONDON (Reuters) – Swiss-based Glencore said a stellar performance in trading would see it hit the top end of guidance for the year but posted lower production figures for its first half. Copper output fell 11% to 588,100 tonnes for the six months to June 30 while cobalt output w...
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Voice Of America
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