African Airlines Look to Each Other For Rescue
Ethiopian Airlines Group is prepared to come to the rescue of stricken carriers around Africa, even as the continent’s biggest airline deals with its own mounting losses and grounded planes due to the Covid-19 pandemic. Ethiopian Chief Executive Officer Tewolde GebreMariam says talks are underway with the government of Mauritius about the revival of the […]
A Win for South African Airways Staff
SAA trade unions won a crucial victory in the labour court on Friday when judge André van Niekerk set aside the retrenchment notices issued to employees by the business rescue practitioners. This further complicates the struggle over the future of SAA. Business rescue practitioners Les Matuson and Siviwe Dongwana are attempting to wind down the […]
South African Revenue Services Sees a Rise in Illicit Trading during Lockdown
South Africa’s hard Covid-19 lockdown on the back of a drooping economy is set to cost the public purse R285-bn in 2020. That loss, alongside a flourishing illicit economy focused on alcohol and cigarettes, were flagged as serious concerns on Tuesday in Parliament. In four instances, tax authorities and police are working together after the […]
Covid-19: How Organizations Can Restore Confidence In Employees Through Health Benefits
In light of the coronavirus pandemic, it has become even more critical for organizations to properly manage the impact of a disaster, whether it is a cyberattack, earthquake or a medical pandemic by protecting their employees. This will equip workers with the right knowledge and tools required to navigate difficult tides; particularly those faced with […]
Returning To Work? Covid-19 Reinfection Fears Addressed With New App
As the government considers how soon to lift the lockdown, the prospect of more South Africans returning to work is both a welcome and worrying prospect. The question is this: how to fight a potential second spike in infections in compliance with government safety protocols as we attempt to reopen the economy? That’s where a […]
4 Entrepreneurship Trends Impacting African Business Landscapes In 2020 & The Catalysing Effect Of COVID-19
– By Melissa Mbazo Africa’s entrepreneurship rate is the highest in the world. According to the African Development Bank (AfDB), 22 % of Africa’s working age population segment are starting their own businesses. Spurred on by access to global markets through increased digitisation; younger generations who understand the link between entrepreneurship and the future of […]
Investment Report Examines Angola Oil And Gas Projects
Africa Oil & Power launched its Africa Energy Series Special Report: Angola 2020 on Thursday. The available-for-download report provides the status of several investment projects in development in Angola, including its 2020 licensing round, construction of gas processing facilities in Soyo, and more. The publication follows the announcement of the new dates for the Angola Oil & […]
Africa’s Youth Scholars Harvest Ideas On The Business Of Agriculture
80 young African scholars are tackling the business of agriculture through the innovativeness and freshness that comes with youth — while obtaining their masters or doctoral degrees in the process. In Rwanda, Benimana Uwera Gilberthe, a scholar and pepper producer, experienced first-hand the challenges of breaking into agribusiness. While in Nigeria, Ayoola Adewale is trying […]
Property Mogul Champions Africa as the Next Bastion of Economic Development
Self-made Ghanaian entrepreneur Nana Kwame Bediako bought his first car by age 16 and made a million pounds in the United Kingdom before he turned 21.The bigger the risk, the maximum the return. That’s the mantra of Nana Kwame Bediako, a real estate mogul who has had stints in the United Kingdom (UK) and Ghana […]
Covid-19 Reveals The Cracks And Strengths In East Africa’s Property Market
By Gerhard Zeelie; Divisional Executive: Property Finance Africa: Nedbank CIB As is to be expected, the arrival of Covid-19 in East Africa has had significant impacts on all economic sectors and industries, and property has certainly not been immune. However, while the negative economic consequences have been felt across all property sectors, some have been […]
