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South Africa’s plan to partially privatize national airline South African Airways is in jeopardy, according to Semafor newspaper on Thursday. The country’s antitrust commission may not approve the agreement. The South African government sold a controlling stake in the national airline to the Takatso Consortium in 2021 for R3 billion (US$164.71 million). According to Semafor, the South African Competition Commission has expressed worry over Global Airways’ involvement. This is because the company is a component of the consortium that owns the regional carrier Lift. Semafor said the competition authority is reviewing whether the new entity will hurt competition if the…
Medical tourism is a situation where the political elite of a country travels abroad to seek medical attention. This is a vice that’s growing in the continent. Clearly, many political leaders would not seek local health care, even in the event of a minor sickness. So what transpires? Of course going abroad for medical help is costly. The politicians are not scared about this trend. This is because at the end of the day, not a single coin gets from their pockets. The taxpayers carry this burden at the expense of getting better lives. Read on to understand why Africa…
In the better part of the morning of Saturday, 12th October 2019, all eyes were glued to the screens. Many wanted to witness history in the making. The much-awaited INEOS 1:59 challenge at the Prater Park in Vienna, Austria, was finally happening. Kenyan World Olympic Champion, Eliud Kipchoge, brought activities in his home country to a standstill. Millions of Kenyans gathered at various points to watch the champion beat his record. What everyone hoped for happened as Kipchoge indeed made history in Vienna. He is now the first human being to run a distance of 42km in less than 2 hours.…
This week the government of Namibia announced the closure of Air Namibia airline. One government official told reporters that they came to that decision as the country could no longer afford the financial losses. According to Namibia’s government, the southern African country’s state-owned airline suffered when the pandemic began. Due to this, the airline barely made enough money to support daily operations, but the government came to their rescue. But even with the government’s help, Air Namibia didn’t have many passengers booking flights and hence made more losses. The situation prompted the government to cut ties as no money was…
Uganda`s Finance Ministry, on March 12th, 2020, asked the Ugandan embassy in China to return money sent mistakenly to their account. The Ministry asked for a refund after a discovery that the money sent to the embassy was ten times more than the intended amount. Embassy in China closed The Ugandan government sent funds to the Ugandan Embassy in China to assist Ugandan students in Wuhan, the epicenter of the coronavirus outbreak. China locked down the Wuhan City in efforts to try and control the spreading of the deadly coronavirus on 23rd January 2020. Numerous countries evacuated their citizens from…
Natural calamities usually result in severe impacts. Recently a violent glacial avalanche erupted in India, leaving 18 dead and over 200 missing. The unprecedented incident left many in awe. Residents reported that a glacial burst prompted the incident. For it sent water torrents, rock, and dust down the mountain valley. According to experts, they do not know what caused the glacial burst. But they think that the melting of the snow in Nanda Devi might have triggered the Avalanche, more so as last week it had snowed heavily there. Impacts of the Avalanche Sunday’s violent Avalanche left tremendous impacts in…
Chad is now set for an eight percent economic growth rate by 2030. With the lead of Ndjamena, the government has set up a Master plan to achieve its industry and financial goals. Chad aims to exploit its key segments, such as digital technology, energy, and mining. According to reports, the first phase of the plan extends to 2022, costs over 985 billion U.S. dollars. At the moment, Adama Coulibaly is in Chad to help. Adama explains the initial plan for the establishment and operation. He also speaks of the impact of COVID-19 on the strategy. Here are some of…
To conform to the current security situation and enhance efficiency, Nigeria has allowed road safety officials to carry firearms while discharging their duties. However, some have lauded the move while others have heavily criticized the decision by the Nigerian government. Salah Bala, an Abuja based security expert, says that the officers who fall under Federal Road Safety Corps (FRSC) are exposed to criminality daily. For this reason, he thinks they should be allowed to carry pistols. He saw no harm in arming the officers considering Nigeria’s current security challenge. Notably, he urged regular training of the officers in arms handling.…
Searching for Countries to Volunteer? Africa is the place. There are high mountains, savannas, the big five animals, jazz, and blue. There are several experiences that can intrigue a traveler and an explorer. One of the interesting facts about Africa is that it’s about 11.7 sq. Miles. This is equivalent to a fifth of the total world landmass. However, there is lot of poverty, disease, due to war in the past. As such, Africa becomes a hub of people desiring to volunteer from all over the world. Countries to Volunteer and Experiences Some volunteers who have visited Africa always give…
Entrepreneurs constantly need inspiration and motivation to keep the fire inside them burning. Most, if not all, find books to be a superb source that can fuel that fire. However, movies can be the next big thing, especially when you need a brain break. Movies can offer a lot of creativity and, stimulate your mind whenever you feel burnt out. Picking the right movie will expand your thinking ability and add to what you have already known as an entrepreneur. This article offers five must-watch movies for every entrepreneur ranging from experts to starting individuals. They are full of ideas…
