CNBC Africa

South Africa is in the middle of what could be the biggest transformation of its labour landscape in decades. Earlier this year, the Minister of Employment and Labour, Nomakhosazana Meth, introduced the Employment Laws Amendment Bill and the Labour Relations Amendment Bill of 2025 — signalling a major shift toward recognising gig workers as employees for the very first time. But while this promises protections like minimum wage, paid leave and the right to organise, it also raises a deeper question: is legal recognition enough if the people it aims to protect don't fully understand their rights? CNBC Africa’s Prudence Makhubalo spoke to Nkosinathi Mahlangu, Youth Employment Specialist at the Momentum Group Foundation about what these labour law changes really mean, and whether we are preparing young people not just to participate in the economy.

DAKAR, June 6 (Reuters) – Senegal's finances have been in crisis since the 2024 discovery of billions of dollars in debt hidden by the previous administration. Following is a timeline of how the West African country's debt woes unfolded and efforts to address them:

The 2026 edition of the Cannes Lions International Festival of Creativity will unite the world’s leading creatives to explore trends, share innovative ideas, and showcase creative ways shaping the future of advertising.

Nigeria equities market latest pullback is revealing changing investor preferences, with funds flowing out of oil stocks and selectively returning to banks and defensive sectors. Analysts at Vetiva describe the trend as strategic portfolio repositioning rather than widespread market weakness. Oluwayemisi Sunmola, Banking Analyst at Vetiva joins CNBC Africa for more market movements.

Analysts at Laurus Africa say there are high expectations for Kasapreko listing on the 17th of this month noting whether it whether it trades above the GH₵1.20 offer price on day one will set the tone for investor sentiment in June.

The Africa Finance Corporation has secured a record 2 billion dollar syndicated loan.

The Nigerian Electricity Regulatory Commission has commenced the implementation of the Net Billing Regulations 2026, a landmark policy that enables eligible electricity consumers to generate renewable energy, particularly solar PV, for self-use and export surplus power to the grid under a structured net billing framework.

Foreign Portfolio Investment rose by 95.09 per cent, accounting for 9.86 billion dollars of the 10.37 billion dollars total capital imported into the Nigeria economy in the first quarter of 2026. Data by the National Bureau of Statistics shows that Foreign Direct Investment contributed only 1.30 per cent to the total figure.

This week, South African President Cyril Ramaphosa; hosted Kenya President William Ruto, on his state visit. And on the sidelines, business got an opportunity to engage on trade relations, at the South Africa-Kenya Business Forum.

It's Canal Plus' third day of trading on the Johannesburg Stock Exchange – and the share's rally continues. The company got a secondary listing on the bourse, on the 3rd of June; after its takeover of Multichoice last year.