African
Africa

Investments in Africa should benefit citizens

Investments ploughed in African economies should trickle down to its impoverished and underdeveloped communities, says African Development Bank President Akinwumi Adesina. He made the remarks while addressing members of the media at the conclusion of the second Africa Investment Forum held in Sandton, Gauteng. Fifty-two projects worth $41 billion in investment were netted during the three-day forum. The forum saw […]

SAA
Africa

South African Airways cancels flights in midst of industrial action

South African Airways (SAA) has cancelled almost all its domestic, regional and international flights scheduled for Friday and Saturday as a result of industrial action. SAA said the flight cancellation decision was made as a way to minimise the impact of disruptions for its customers. The cancellations will affect flights scheduled for Friday, 15 November, as well as flights scheduled […]

SAA
Africa

South African Airways gets new Airbus planes

South African Airways (SAA) has procured four new Airbus A350-900s in an effort to improve the airline’s customer offering and commercial prospects. On Thursday SAA took delivery of the first of the four new Airbus A350-900s. “We welcome the first A350 home on South African soil. The introduction of the A350s offers a new beginning for the airline and will […]

Tourism
Africa

AHIF 2019: Tourism remains key driver of economic growth in Africa

Travel and tourism remained one of the key growth drivers of Africa’s economy, contributing 8.5 per cent of the GDP in 2018; equivalent to $194.2 billion. According to the 2019 Jumia hospitality report on Africa, this growth record placed the continent as the second-fastest growing tourism region in the world. This compares with a growth rate of 5.6 per cent in Asia […]

Accor
Africa

AHIF 2019: Accor to take Novotel into Democratic Republic of Congo

Accor will debut its midscale brand Novotel in the Democratic Republic of Congo. The news follows the signing of three properties during the Africa Hotel Investment Forum taking place in Ethiopia this week. The group has partnered with Compagnie Hôtelière et Immobilière du Congo to open Novotel properties in the capital, Kinshasa, and its two major mining centres in the […]

Radisson
Africa

AHIF 2019: Radisson Hotel Group signs 11 Africa properties

Radisson Hotel Group has confirmed the signing of 11 new hotels in Africa within the first nine months of 2019, accelerating its expansion across the continent. This brings the group’s African portfolio to almost 100 hotels and over 17,000 rooms in operation and under development across 32 African countries. It also leaves the company firmly on track to reach 130+ […]

south africa police
Africa

Attacks on foreign nationals likely to affect South Africa economy

Trade and Industry Deputy Minister Nomalungelo Gina has urged local communities and business owners to recognise how attacks on small businesses owned by foreign nationals will hinder efforts to grow the South African economy. The Deputy Minister said this while addressing delegates at the annual Small, Medium and Micro-Sized Enterprises (SMME) Seminar and Exhibition of the Zululand Chamber of Commerce […]

Africa

Nigerian make history by winning seats in Manitoba Legislature

Until Tuesday’s vote, no black person had ever been elected to the Manitoba Legislature in the 150-year history of this province. Now there are three. Uzoma Asagwara won the Union Station seat for the NDP, Jamie Moses took the St. Vital seat for the party and Audrey Gordon won Southdale for the Progressive Conservatives. None of the political scientists the CBC contacted, nor the […]

Africa

WEFA opportunity for economic growth engagement

This week’s World Economic Forum on Africa (WEFA) is an opportunity for government leaders to engage on the state of global, African and South African economies, says Finance Minister Tito Mboweni. WEFA will take place in Cape Town from Wednesday until Friday, this week, under the theme of ‘shaping inclusive growth and shared futures in the fourth industrial revolution’. “It […]

Cape Town
Africa

MSC Cruises to base two ships in South Africa for 2020 season

MSC Cruises has announced it will bring two ships to South Africa’s shores for the 2020/2021 cruise season. This will mark the first time that two different classes of MSC Cruises’ ships will be deployed in South Africa, MSC Opera (Lirica Class) and MSC Musica (Musica Class). Ross Volk, managing director for MSC Cruises South Africa, commented: “The deployment for […]