Home Topics Alice
South Africa’s central bank has temporarily prohibited the use of debt issued by the Land Bank as collateral after the state agricultural lender was downgraded deeper into junk status and missed $2.7 billion in loan repayments.
South Africa’s central bank (SARB) said on Friday it would reduce overnight repo auctions to one per day from the two it has held since early March to inject liquidity into the banking system amid the coronavirus pandemic.
South African Airways has announced that it will continue to honour its flight obligations to cargo and evacuation flight customers all through this month.
Gross reserves also increased, to $53.003 in April from $52.458 billion previously. The forward position, representing the central bank’s unsettled or swap transactions, decreased to a balance of $592 million in April after a positive balance of $631 million previously.
South Africa will soon start developing a plan for a new 2,500 megawatt (MW) nuclear power plant, the energy ministry told lawmakers on Thursday.
South African private sector activity fell to a new record low in April, a business survey showed on Wednesday, as company closures due to a nationwide coronavirus lockdown led to a collapse in demand.
The expansion of South Africa’s auto industry is central to the government’s economic development strategy but the coronavirus crisis has forced carmakers into survival mode and could push ambitious growth plans out of reach.
The recently released Jennifer Ukambong Samuel has confirmed she met with Alice, who was abducted by members of the Boko Haram sect about two years ago.
Former Brazil international Hulk says there is nothing hidden about his dating the niece of his ex-wife Iran Angelo de Souza, according to UOL.
Nigerian carrier, Air Peace, says it will begin flight operations to Johannesburg, South Africa and Sharjah, United Arab Emirates next month.
A 24-year-old man has been accused of killing his wife, three toddlers and mother-in-law with a blunt instrument and knives at their suburban family home, where he remained for several days before turning himself in, Australian police said Monday.
The Medical Laboratory Science Council of Nigeria (MLSCN) says it has validated four Rapid Test Kits to determine their suitability for testing SAR-COV-2 infection popularly known as COVID-19 in the country.
Nigerian celebrities have taken to their social media platforms to mourn the death of Music Legend, Majekodunmi Fasheke, a.k.a Majek Fashek.
Rwanda says it will announce new restrictions on containing the coronavirus Tuesday, a stark reversal of the country's plan days ago to ease restrictions, including motor vehicle travel throughout the country.
In response to the yearnings of industry stakeholders to declare telecom facilities Critical National Infrastructure, President Muhammadu Buhari, has finally approved and also directed that necessary physical protective measures be put in place to safeguard telecommunications infrastructure deployed across the country.
Alliance for Surviving COVID-19 and Beyond, (ASCAB), a group led by prominent Nigerian human rights lawyer, Femi Falana has said that President Muhammadu Buhari’s claim that late dictator, Sani Abacha, stole $1 billion contradicts the figures earlier released by his own officials.
North Korea will reopen schools this month after shuttering them over the coronavirus pandemic, reports said Monday.
A Coalition of five Civil Society Groups in Southeast, yesterday, wrote to Governor Willie Obiano of Anambra State, appealing to him to reverse and rescind the disbandment of a state traffic agency, the Willies Work Force, WWF.
Iranian researchers have produced test kits that allow detection of the novel coronavirus in saliva within 55 minutes, Tasnim news agency reported on Sunday.
Leading Nigerian carrier, Air Peace, has commended Israel, China and India for contracting the airline to evacuate their citizens to their countries due to COVID-19 pandemic.
The killing of Floyd by Minneapolis police officer Derek Chauvin has seen protests, violent demonstrations, mostly of the black race over police brutality, with several US states activating National Guard troops.