Multichoice tariff hike – Reps to investigate mode of operations, others

Federal Minister of Power, Works and Housing, Babatunde Raji Fashola has rejected the planned electricity tariff increase based on inaccurate consumption data.

The Manufacturers Association of Nigeria has appealed to the government to resolve its 29 billion naira electricity tariff dispute with the Electricity Distribution Companies and the Nigerian Electricity Regulatory Commission.

Auto companies and parts suppliers are urging the Trump administration not to impose tariffs on imported cars.

Stephen Kirchner, program director of trade and investment of the United States Studies Centre at the University of Sydney, talks about trade spat between the U.S. and China.

The Nigerian Consumer Protection Council (CPC) has insisted it would not accept a recent hike in the subscription of DSTV packages by its operator, Multichoice.

Managing Director of Multichoice Nigeria John Ugbe says funding, structure, and skills remain the biggest challenges in the African movie industry. CNBC Africa caught up with him from the red carpet of this year's edition of the Africa Magic Viewer’s Choice Awards in Lagos.

Operators in Nigeria’s energy space are clamoring for government's intervention on tariff hikes for solar panel importation. Segun Adaju, President of the Renewable Energy Association of Nigeria joins CNBC Africa to discuss the details and its implication on Nigeria’s bid to improve its energy mix.

Stocks in Asia are trading mixed after President Trump indicated he's likely to go ahead with higher tariffs on Chinese imports if talks fail to produce a deal. He told the Wall Street Journal the rate could be either 10 or 25% if he can't make progress with China's leader Xi Jinping when they meet at the G-20 Summit in Argentina.

President Donald Trump’s top trade negotiator said the government must keep the option of raising tariffs on Chinese imports as a way to ensure Beijing lives up to a trade agreement that could be finalized in a matter of weeks.

As part of the automotive policy introduced in 2014 to encourage local manufacturing and assemblage of vehicles, the Nigerian Government has increased tariff on imported vehicles from 20 percent to 70 percent.

The US president increased tensions with the hike as the stock markets went into a tailspin. Trump tweeted that he would be increasing tariffs by 5% on $300 billion of Chinese goods.

The Importers and Exporters Association in Ghana are kicking against a planned 11 per cent tariff hike for cargo handling at terminal three of the Tema Port. The Association’s Executive Secretary, Samson Awingobit Asakia joins CNBC Africa from Accra for more on this story.