IATA requests government Aid for airlines
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IATA requests government Aid for airlines

The international air transport association (IATA) is appealing to governments in Africa to provide emergency support to airlines because air transport they say supports 6.2 million jobs. The aviation sector has been badly hit by the coronavirus pandemic leaving many airlines fighting for survival. Besides flight cancellations by passengers; several countries have imposed a complete…

WTO Preaches Open Trade
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WTO Preaches Open Trade

January 18, 2019 The World Trade Organization (WTO), the International Monetary Fund, World Bank have called for greater trade integration in a bid to revive the multilateral trading system and keep pace with the volatile global economy. In a joint report titled “Reinvigorating Trade and Inclusive Growth” published by the last week, the trio stressed…

COVID-19 Rattles Johannesburg Stock Exchange.
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COVID-19 Rattles Johannesburg Stock Exchange.

In a state of the nation address to the nation, on 13th February 2020, President Cyril Ramaphosa delivered a candid and brutally honest message to the South African public. Echoing through the halls of the parliament in Cape Town, the nation knew covid-19 was in the nation but the President’s tone on the day gave…

Telecoms Report: Safaricom vulnerable in strength
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Telecoms Report: Safaricom vulnerable in strength

Changes in Safaricom’s ownership seem to have freed the company up for more rapid expansion into other markets. In May, UK telecoms giant Vodafone transferred a 35% stake in Safaricom to its South African offshoot Vodacom, in return for more equity in Vodacom valued at KSh260bn ($2.48bn). This left it with just a 5% stake in the Kenyan company,…

EAC-EU Trade deal friction
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EAC-EU Trade deal friction

EAC Heads of states at a previous summit. Courtesy: EAC Secretariat Impasse over EAC-EU Trade Deal threatens Regional Unity  An impasse over the Economic Partnership Agreement between the European Union and the East African Community is brewing tensions between members states that have long pledged to work as a common market. Despite requesting an extension…

Egypt concerned with Ethiopia – Israel Arms Trade
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Egypt concerned with Ethiopia – Israel Arms Trade

Israeli Spyder missile system in action. Courtesy: Financial Times Nile dilemma as Ethiopia’s Arms Trade with Israel troubles rivals Egypt Ethiopia’s installation of Israeli made air defense systems at the Grand Renaissance Dam and the increasing arms trade between both nations is triggering serious concerns in Egypt. Egypt is hugely dependent on the River Nile…

Can’t be tamed! Deep Inside Kenya’s multibillion betting industry under fierce government onslaught
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Can’t be tamed! Deep Inside Kenya’s multibillion betting industry under fierce government onslaught

Courtesy: Bet Moran In this week’s special, we critically examine why betting in Kenya is adored by millions of youths, hated by the government that collects billions from the sector and how it may well survive the recent crackdown efforts. Is it too big to tame? When the betting ship sailed into the country in…

Dos Santos son sacked from Angola sovereign wealth fund
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Dos Santos son sacked from Angola sovereign wealth fund

January 11, 2018 The President of Angola João Lourenço has sacked José Filomeno Dos Santos, the son of former president Dos Santos, from the country’s sovereign $5bn wealth fund. The president said he was replacing José Filomeno dos Santos after an external inquiry into the fund’s governance. Mr Lourenco had recently indicated that there might…