Comair said it will need “more cash” to “maintain its activities on a long-term basis.” This was revealed in the most current company rescue status report,…
Author: Nasir Agbalaya
The dominant union at Comair, the National Union of Metalworkers of South Africa (NUMSA), has announced that it will picket outside the company’s offices to demand…
President Uhuru Kenyatta is set to inaugurate the KSh32 billion second container facility in Mombasa later this month, solidifying Kenya’s position as a regional hub. The…
According to a new document released by the regulator, the Central Bank of Nigeria (CBN) has begun a big strategy to wean deposit money banks (DMBs)…
The South African government is launching a new loan scheme that will run for three years and cost R721 billion. This is aimed at supporting South…
Preparation for a fifth wave of Covid-19 infections is not in the hands of the South African governments alone. This time around, even South African life…
The Mozambican President Filipe Nyusi inaugurated a new cereal processing factory invested by the private company MEREC in the city of Beira, capital of the central…
A number of illegal online banks have been closed in Africa’s largest economy. Nigeria’s Federal Competition Consumer Protection Commission (FCCPC) led the charge in collaboration with…
Moroccan Prime Minister Aziz Akhannouch and his Mauritanian counterpart Mohamed Ould Bilal signed 13 cooperation agreements, Moroccan official news agency MAP reported. These agreements, signed during…
The Nigerian Government, has announced a five-year extension for the validity of operators’ licences in free trade zones across the country. The Minister of Industry, Trade…