Nigeria’s President Muhammadu Buhari is currently in South Africa where talks on trade, human capital development, security and more are being held with South African President Cyril Ramaphosa. To assess Nigeria and South Africa’s trade relations Egie Akpata, Director at Union Capital Markets and CNBC Africa reporter Karabo Letlhatlha give insight into this state visit.
Nigerian President, Muhammadu Buhari and South African President, Cyril Ramaphosa discussed political and economic ties that the two countries have and how they plan to make them stronger. CNBC Africa's Karabo Letlhatlha spoke with the minister of trade and industry, Ebrahim Patel.
South African President Cyril Ramaphosa maintains that his ANC presidential campaign, known as CR17, was legitimate and that there was no misuse of public funds. The South African president answered questions on party funding in parliament after the country's ethics watchdog accused him of having misled Parliament last year over a 500,000-rand (36,000-dollar 32,000-euro) donation to his campaign from a company facing corruption allegations.
During Women’s Month gender equality becomes a major focus in business and society, but such issues are fought by the Commission for Gender Equality on a daily basis. President Cyril Ramaphosa echoed the importance of gender equity recently as he has appointed nine new commissioners to the Commission. Joining CNBC Africa is Tamara Mathebula, acting Chairperson of the Commission for Gender Equality.
President Cyril Ramaphosa’s African National Congress has won a sixth-straight election victory, but with its lowest share of the vote since the end of Apartheid. Ramaphosa now faces the tasks of reviving South Africa’s flagging economy and fighting corruption.