OLD Media Moves

CNBC to start biz channel in Africa

August 31, 2006

Cable business news channel CNBC plans to start a business channel covering Africa that will be based on Johannesburg, according to a wire story Thursday.

CNBCCalled CNBC Africa and done in conjunction with Africa Business News, the channel will be the first regional business and financial TV news channel for sub-Saharan Africa, according to the story. (Note sure if I agree with that statement. Johannesburg-based Johnnic Communications has a business channel called Summit TV that is a joint venture with the Financial Times parent.)

The wire story stated, “CNBC Africa will focus on Africa’s markets and provide global business news from an African perspective, initially with six hours of dedicated African programming each weekday.

“The channel will have business and financial news with commentary, CEO interviews, news analysis and live data.

“It will carry CNBC’s signature real-time share ticker of live stock-price data and incorporate live data from key African stock exchanges with data from all of the leading European bourses and from the United States and Asia, during their trading day.”

Read more here.

Subscribe to TBN

Receive updates about new stories in the industry daily or weekly.

Subscribe to TBN

Receive updates about new stories in the industry.